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The Kestrel Foundation

Foundation · Grantmaker WASHINGTON, CT EIN: 13-4007198 Website

The Kestrel Foundation is a private foundation established in 1998, based in Florham Park, New Jersey. The foundation is also known as the Armstrong-Nickoll Family Foundation or Armstrong Nickoll Family Foundation. It operates as a 501(c)(3) nonprofit organization with no employees and focuses on general unrestricted grantmaking to qualified organizations.

Key facts about The Kestrel Foundation

EIN
13-4007198
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$967,100
Grants made (2024)
56
Average grant
$17,270
Median grant
$2,500
Total assets
$13,670,245
Primary geography
Virginia (69% of itemized 2024 grant dollars)

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

Who The Kestrel Foundation funds

By grant dollars, the top recipient states for The Kestrel Foundation's 56 itemized 2024 grants were Virginia (69%), Connecticut (19%) and New York (10%). The most frequent recipient cities were New York, NY (14 grants), Washington Depot, CT (7 grants), Washington, CT (4 grants) and Kent, CT (3 grants). 100% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.7M

-1.3% YoY

Annual Giving

$967K

+150.0% YoY

Grant Count

56

-8.2% YoY

Avg Grant Size

$17K

+172.3% YoY

Under IRS private-foundation payout rules, The Kestrel Foundation reported a distributable amount of $669K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Kestrel Foundation primarily funds general unrestricted grants to organizations across multiple sectors. Based on recent grantmaking activity, the foundation supports organizations working in education, human services, and international humanitarian causes.

Grantmaking

The foundation made 58 grants in 2023, with a total giving amount of $967,100. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking focuses primarily on Connecticut, New York, and the District of Columbia.

Grant Distribution by State

14states

Share of all 56 itemized 2024 grant dollars.

Cities

New YorkWashingtonWashington DepotKentTorringtonNew PrestonWarrenLitchfieldNew MilfordCornwall BridgeMill ValleyPhiladelphiaWassaicDanburyRidgefieldWallingfordWaterburyAlbanyFairfieldLos Angeles

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $13,855,671
  • Total Revenues: $240,888
  • Total Expenses: $798,654
  • Investment Income and Dividends: $153,060
  • Total Grants, Contributions, etc.: $0

As of 2024 (most recent IRS 990 filing):

  • Total Assets: $13,670,245
  • Total Giving: $967,100
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$13,670,245$13,855,671$13,759,493
Revenue$807,876$240,888$83,595
Expenses$1,099,614$798,654$731,737
Qualifying Distributions$980,818$407,739$530,506
Net Investment Income$672,447$124,780$461,616
Distributable Amount$668,675$640,409$649,687

Giving Over Time

Total grant dollars and number of grants per year

$0$242K$484K$725K$967K62 grants202064 grants202173 grants202261 grants202356 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cloudbreak Inc$665KNorthwest Ct Land Concer…$42KDoctors Without Borders$20KEnvironmental Defense Fund$20KUnhcr$20KSteep Rock Association$15KWashington Park Foundation$12KAfter School Arts Program$10KFriendly Hands$10KGreenwoods Counseling$10K

Grant Size Distribution

316 grants across all recorded years

303<$50K8$50–100K3$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cloudbreak Inc ($665,000), Northwest Ct Land Concervancy ($42,000), Doctors Without Borders ($20,000).

RecipientPurposeAmount
CLOUDBREAK INC MCLEAN, VAGENERAL SUPPORT$665,000
NORTHWEST CT LAND CONCERVANCY KENT, CTGENERAL SUPPORT$42,000
DOCTORS WITHOUT BORDERS NEW YORK, NYGENERAL SUPPORT$20,000
ENVIRONMENTAL DEFENSE FUND NEW YORK, NYGENERAL SUPPORT$20,000
UNHCR WASHINGTON, DCGENERAL SUPPORT$20,000
STEEP ROCK ASSOCIATION WASHINGTON DEPOT, CTGENERAL SUPPORT$15,000
WASHINGTON PARK FOUNDATION WASHINGTON DEPOT, CTGENERAL SUPPORT$12,000
AFTER SCHOOL ARTS PROGRAM WASHINGTON DEPOT, CTGENERAL SUPPORT$10,000
FRIENDLY HANDS TORRINGTON, CTGENERAL SUPPORT$10,000
GREENWOODS COUNSELING LITCHFIELD, CTGENERAL SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BENJAMIN E NICKOLLTRUSTEE2—
CHRISTINE M ARMSTRONGTRUSTEE2—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Kestrel Foundation fund?

The Kestrel Foundation primarily funds general unrestricted grants to organizations across multiple sectors. Based on recent grantmaking activity, the foundation supports organizations working in education, human services, and international humanitarian causes.

How do I apply for a grant from The Kestrel Foundation?

The foundation made 58 grants in 2023, with a total giving amount of $967,100. Recent grants include: • Brown University: $25,000 (General Support) • Doctors without Borders USA: $20,000 (General Support) • USA for UNHCR (United States Association for United Nations High Commissioner for Refugees): $20,000 (General Support) Typical grant awards range from $100 to $665,000. The foundation provides general support and unrestricted gifts to grantees.

Where does The Kestrel Foundation make grants?

The foundation's grantmaking focuses primarily on Connecticut, New York, and the District of Columbia.

What size grants does The Kestrel Foundation award?

In 2024, The Kestrel Foundation awarded 56 grants totaling $967K — an average of about $17K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kestrel Foundation reported a distributable amount of $669K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Kestrel Foundation's EIN?

The Kestrel Foundation's EIN (Employer Identification Number) is 13-4007198. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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