The Larry and Doris Kelly Foundation

SARASOTA, FL EIN: 38-3126025

The Larry and Doris Kelly Foundation is a private foundation, based in SARASOTA, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $209K in total assets. In 2023, it awarded 3 grants totaling $10K. Net investment income was $34K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$209K

+18.9% YoY

Annual Giving

$10K

-5.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

-5.8% YoY

Under IRS private-foundation payout rules, The Larry and Doris Kelly Foundation reported a distributable amount of $11K for 2023 — the minimum it must pay out in qualifying distributions.

About The Larry and Doris Kelly Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $41K (99%)

Michigan $500 (1%)

Georgia $100 (0%)

States

Florida Georgia Michigan

Cities

DuluthGrand RapidsHillsdaleSanfordSarasota

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$209,441	$176,190	$189,960
Revenue	$48,381	$34	$20,479
Expenses	$13,990	$13,804	$13,814
Qualifying Distributions	$9,700	$10,300	$9,950
Net Investment Income	$34,034	$2,057	$13,870
Distributable Amount	$10,800	$11,013	$12,029

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Salvation Army ($6,000), First Baptist Church ($3,600), Faith and Freedom ($100).

Recipient	Purpose	Amount
FIRST BAPTIST CHURCH SARASOTA, FL	FOR GENERAL FUND	$3,600
SALVATION ARMY SARASOTA, FL	FOR GENERAL FUND	$6,000
FAITH AND FREEDOM DULUTH, GA	FOR GENERAL FUND	$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
LAWRENCE O KELLY	DIRECTOR	1	—
LYNN M ZEVENBERGEN	DIRECTOR	—	—

Frequently Asked Questions

How large is The Larry and Doris Kelly Foundation?

As of 2023, The Larry and Doris Kelly Foundation holds $209K in total assets with $48K in annual revenue. It awarded 3 grants totaling $10K in 2023.

Where does The Larry and Doris Kelly Foundation operate?

The Larry and Doris Kelly Foundation has awarded grants in Florida, Georgia, Michigan.

What size grants does The Larry and Doris Kelly Foundation award?

In 2023, The Larry and Doris Kelly Foundation awarded 3 grants totaling $10K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is The Larry and Doris Kelly Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Larry and Doris Kelly Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Larry and Doris Kelly Foundation's EIN?

The Larry and Doris Kelly Foundation's EIN (Employer Identification Number) is 38-3126025. IRS Form 990 filing data is available on this page for 2020–2023.