The Keel Foundation

Private foundation · Grantmaker Hunt Valley, MD EIN: 62-1722004

The Keel Foundation is a private foundation, based in Hunt Valley, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grant totaling $88K. Net investment income was $116K.

The Keel Foundation at a glance

In short: The Keel Foundation gave $88K across 1 grant in 2024 (avg $88K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$88,000
+3.5% vs 2023
Grants made (2024)
1
-95.2% vs 2023
Average grant
$88,000
+2074.1% vs 2023
Median grant
$88,000
Total assets
$1,001,108
+2.8% vs 2023
Primary geography
Tennessee (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Keel Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Contributions Paid: $88KContributions Paid$88K

The largest 2024 recipient was Contributions Paid ($88K).

Grant Size Distribution

88 grants across all recorded years

87<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 87 grants of 88 (99%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2024 grant dollars on its one itemized grant.

Cities

MorristownBaltimorePowder SpringsAtlantaCockeysvilleLuthervilleBowieCrownsvilleHunt ValleyTownsonTowsonMorritown

How The Keel Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+5%). Method
  • In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K23 grants2020 22 grants2021 21 grants2022 21 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $84K (2021) to $88K (2024). In 2024 it made 1 grant totaling $88K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Contributions Paid Morristown, TNContributions$88,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,001,108$132,010$104,280$88,0001$88,000$115,730$79,574
2023$973,378$121,537$101,668$85,00021$92,168$112,037$78,078
2022$953,509$143,666$101,529$85,00021$92,374$134,511$79,686
2021$911,372$107,972$99,042$84,00022$90,889$99,819$73,946
2020$902,442$104,602$97,959$85,00023—$97,718$62,749

Under IRS private-foundation payout rules, The Keel Foundation reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Keel Foundation is led by Lawrence Eric Wyss, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Lawrence Eric Wyss

    President

    On filings since 2020

    No compensation reported

  • Leslie Vittur

    Vice President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Keel Foundation

How much does The Keel Foundation give each year?

The Keel Foundation gave $88K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $85K across 21 grants.

How large is The Keel Foundation?

The Keel Foundation reported $1.0M in total assets on its 2024 IRS Form 990-PF. It paid out $88K in qualifying distributions that year, against a required minimum of $80K (roughly 5% of its investment assets).

Where does The Keel Foundation operate?

The Keel Foundation has awarded grants in Georgia, Maryland, Tennessee.

What is The Keel Foundation's EIN?

The Keel Foundation's EIN (Employer Identification Number) is 62-1722004. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Browse active grant opportunities in The Keel Foundation's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Keel Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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