The Kernaghan Foundation Inc

Grantmaker Snow Hill, MD EIN: 20-0060175

The Kernaghan Foundation Inc is a nonprofit organization, based in Snow Hill, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $587K in total assets. In 2024, it awarded 1 grant totaling $10K.

Key facts about The Kernaghan Foundation Inc

In short: The Kernaghan Foundation Inc gave $10K across 1 grant in 2024 (avg $10K), mostly in Maryland. Source: 2024 IRS Form 990 filing.

EIN
20-0060175
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$10,000
Grants made (2024)
1
Average grant
$10,000
Median grant
$10,000
Total assets
$587,484
Primary geography
Maryland (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$587K

-0.1% YoY

Annual Giving

$10K

+194.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$10K

+194.3% YoY

How The Kernaghan Foundation Inc gives

  • Giving grew 186% from 2021 to 2024. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

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

States

Cities

BerlinCrisfieldPrincess AnneSnow Hill

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $3K (2023) to $10K (2024). In 2024 it made 1 grant totaling $10K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Town Cats: $10KTown Cats$10K

The largest 2024 recipient was Town Cats ($10K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Town Cats Snow Hill, MDoperations$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$587,484$587,984$1,008,711
Revenue—$-17,338$28,351
Expenses$10,000$118,070$104,420
Qualifying Distributions——$25,000
Net Investment Income——$26,939

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

The Kernaghan Foundation Inc is led by Emma B Simpson, President since 2023 (on filings since 2021); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Emma B Simpson

    President

    Secretary → Treasurer, 2022

    Treasurer → President, 2023

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Kathy J Gordon

    Secretary & Treasurer

    Treasurer → Secretary, 2022

    Secretary → Secretary & Treasurer, 2023

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Tammy J Simpson

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Amanda Fuchsluger (2020–2022) — President

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 Kernaghan Foundation Inc

How much does The Kernaghan Foundation Inc give each year?

The Kernaghan Foundation Inc gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $3K across 1 grant.

How large is The Kernaghan Foundation Inc?

The Kernaghan Foundation Inc reported $587K in total assets on its 2024 IRS Form 990 filing.

Where does The Kernaghan Foundation Inc operate?

The Kernaghan Foundation Inc has awarded grants in Maryland.

What is The Kernaghan Foundation Inc's EIN?

The Kernaghan Foundation Inc's EIN (Employer Identification Number) is 20-0060175. 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.

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