The Kess Foundation Inc

JAMESPORT, NY EIN: 11-2998128

The Kess Foundation Inc is a private foundation, based in JAMESPORT, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $202K in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$202K

+0.2% YoY

Annual Giving

$15K

+18.9% YoY

Grant Count

-75.0% YoY

Avg Grant Size

$7K

+375.4% YoY

Under IRS private-foundation payout rules, The Kess Foundation Inc reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About The Kess Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $54K (84%)

Tennessee $11K (16%)

States

New York Tennessee

Cities

BrentwoodHauppaugeMattituckMelvilleMemphisRiverheadStony Brook

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$201,828	$201,448	$204,224
Revenue	$21,275	$15,019	$16,527
Expenses	$20,895	$16,895	$16,735
Qualifying Distributions	$14,500	$12,200	$12,200
Net Investment Income	$10,541	$11,019	$11,527
Distributable Amount	$19,840	$15,129	$16,937

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

34 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Judes Childrens Research Hospita ($10,500), Mattituck Presbyterian Church ($4,000).

Recipient	Purpose	Amount
ST JUDES CHILDRENS RESEARCH HOSPITA MEMPHIS, TN	UNRESTRICTED	$10,500
MATTITUCK PRESBYTERIAN CHURCH MATTITUCK, NY	UNRESTRICTED	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARIE L SCHLEGEL	PRESIDENT	0.5	—
LAWRENCE DAMATO	SECRETARY	0.25	—
CHERYL JANLEWICZ	PRESIDENT	0.25	—

Frequently Asked Questions

How large is The Kess Foundation Inc?

As of 2024, The Kess Foundation Inc holds $202K in total assets with $21K in annual revenue. It awarded 2 grants totaling $15K in 2024.

Where does The Kess Foundation Inc operate?

The Kess Foundation Inc has awarded grants in New York, Tennessee.

What size grants does The Kess Foundation Inc award?

In 2024, The Kess Foundation Inc awarded 2 grants totaling $15K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is The Kess Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kess Foundation Inc reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.