The Kimberly Beth Kennedy Family Foundation Inc

SARATOGA SPRINGS, NY EIN: 81-3506042

The Kimberly Beth Kennedy Family Foundation Inc is a private independent foundation based in Saratoga Springs, New York. Established in 2016, the foundation operates as a 501(c)(3) charitable organization focused on philanthropic grantmaking to support communities across multiple states.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.1M

+7.0% YoY

Annual Giving

$195K

-51.6% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$8K

-27.4% YoY

Under IRS private-foundation payout rules, The Kimberly Beth Kennedy Family Foundation Inc reported a distributable amount of $429K 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 foundation's primary funding areas include:

Human Services
Education
Philanthropy, Voluntarism & Grantmaking

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation supports initiatives across multiple states, with primary focus areas including:

New York
New Jersey
Pennsylvania
Florida
Colorado
Connecticut
Delaware
Maryland
South Carolina

The foundation has funded projects in various cities including Albany, New York and Denver, Colorado.

Grant Distribution by State

New York $1.4M (74%)

New Jersey $301K (16%)

Massachusetts $107K (6%)

South Carolina $40K (2%)

Colorado $35K (2%)

Florida $15K (1%)

Pennsylvania $9K (0%)

Connecticut $4K (0%)

+1 more states

States

Colorado Connecticut District of Columbia Florida Massachusetts New Jersey New York Pennsylvania South Carolina

Cities

AlbanyBurnt HillsBuskirkCharlestonDavieDenverDoralFeasterville TrevoseGlens FallsHillsdaleJersey CityMahwahMontclairMorristownNew YorkNewtonNorthamptonNorwalkOaklandRensselaer

Financial History

Multi-year comparison from IRS filings

Metric	Amount
Total Assets	$9,091,585
Total Giving (2024)	$195,000
Revenue (2024)	$711,000
Expenses (2024)	$319,000
Total Liabilities	$0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,091,585	$8,499,683	$7,817,814
Revenue	$710,787	$441,118	$411,240
Expenses	$319,224	$524,861	$477,472
Qualifying Distributions	$260,336	$475,605	$438,490
Net Investment Income	$651,899	$391,862	$372,258
Distributable Amount	$429,145	$395,087	$405,685

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

129 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Solidago Foundation ($22,000), Back Stretch Employees Service Team ($10,000), Franklin Community Center ($10,000).

Recipient	Purpose	Amount
THE DAX PACT PROJECT Feasterville Trevose, PA	GENERAL FUNDING	$1,000
BACK STRETCH EMPLOYEES SERVICE TEAM Saratoga Springs, NY	GENERAL FUNDING	$10,000
MONTCLAIR REC WRESTLING Montclair, NJ	GENERAL FUNDING	$5,000
FRANKLIN COMMUNITY CENTER Saratoga Springs, NY	PROJECT LIFT AFTER SCHOOL PROGRAM	$10,000
SHELTERS OF SARATOGA Saratoga Springs, NY	GENERAL FUNDING	$10,000
SARATOGA HISTORY MUSEUM Saratoga Springs, NY	GENERAL FUNDING	$5,000
PITNEY MEADOWS COMMUNITY Saratoga Springs, NY	COMMUNITY GARDEN	$10,000
FRIENDS OF SARATOGA LIBRARY Saratoga Springs, NY	GENERAL	$5,000
FREE SPEECH TV Denver, CO	PROGRAMING ASSISTANCE	$5,000
THE COMMUNITY HOSPICE Albany, NY	SUPPORT BEREAVEMENT SERVICES	$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Kimberly Kennedy – President
Forrest Mulcahy – Vice President
Paul Thomas Dion – Treasurer

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KIMBERLY KENNEDY	PRESIDENT	40	$62,500
FORREST MULCAHY	VP	2	—
PAUL THOMAS DION	SECRETARY TREASURER	2	—

Contact Information

Address: 349 Burgoyne Road, Saratoga Springs, NY 12866

Phone: 518-583-9965

EIN: 81-3506042

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Kimberly Beth Kennedy Family Foundation Inc fund?

The foundation's primary funding areas include: • **Human Services** • **Education** • **Philanthropy, Voluntarism & Grantmaking**

How do I apply for a grant from The Kimberly Beth Kennedy Family Foundation Inc?

**Grant Amounts:** Typical awards range from $1,000 to $60,000. **Annual Giving:** The foundation distributed $195,000 in grants based on the most recent IRS Form 990 filing (2024). **Application Status:** The foundation is open to new applicants.

Where does The Kimberly Beth Kennedy Family Foundation Inc make grants?

The foundation supports initiatives across multiple states, with primary focus areas including: • New York • New Jersey • Pennsylvania • Florida • Colorado • Connecticut • Delaware • Maryland • South Carolina The foundation has funded projects in various cities including Albany, New York and Denver, Colorado.

What size grants does The Kimberly Beth Kennedy Family Foundation Inc award?

In 2024, The Kimberly Beth Kennedy Family Foundation Inc awarded 24 grants totaling $195K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is The Kimberly Beth Kennedy Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kimberly Beth Kennedy Family Foundation Inc reported a distributable amount of $429K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Kimberly Beth Kennedy Family Foundation Inc's EIN?

The Kimberly Beth Kennedy Family Foundation Inc's EIN (Employer Identification Number) is 81-3506042. IRS Form 990 filing data is available on this page for 2020–2024.