The Robert McLean and Jenepher and Edward J Kelly Jr Foundation

Private foundation · Grantmaker Holicong, PA EIN: 35-6819324

The Robert McLean and Jenepher and Edward J Kelly Jr Foundation is a private foundation focused on Human Services, based in Holicong, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $58.6M in total assets. In 2024, it awarded 4 grants totaling $401K. Net investment income was $3.2M.

Key facts about The Robert McLean and Jenepher and Edward J Kelly Jr Foundation

In short: The Robert McLean and Jenepher and Edward J Kelly Jr Foundation gave $401K across 4 grants in 2024 (avg $100K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.

EIN
35-6819324
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$400,500
Grants made (2024)
4
Average grant
$100,125
Median grant
$100,000
Total assets
$58,593,293
Primary geography
Pennsylvania (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$58.6M

+283.6% YoY

Annual Giving

$401K

+99.8% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$100K

+99.8% YoY

Under IRS private-foundation payout rules, The Robert McLean and Jenepher and Edward J Kelly Jr Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.

How The Robert McLean and Jenepher and Edward J Kelly Jr Foundation gives

  • Giving grew 158% from 2021 to 2024. Method
  • In 2024 it paid out 24% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

3states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

PottstownDevonLahaskaVero BeachChicagoFort Washington

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K2 grants2019 2 grants2020 2 grants2021 3 grants2022 4 grants2023 4 grants2024

From 2019 to 2024, annual grant giving ranged from $150K (2022) to $401K (2024). In 2024 it made 4 grants totaling $401K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Buckingham Friends School: $200KBuckingham Friends School$200KGermantown Academy: $150KGermantown Academy$150KThe Hill School: $50KThe Hill School$50KDevon Horseshow Foundation: $500Devon Horseshow Foundation$500

The largest 2024 recipient was Buckingham Friends School ($200K). Together the top 4 received $401K.

Grant Size Distribution

15 grants across all recorded years

5<$50K4$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 6 grants of 15 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Buckingham Friends School Lahaska, PABuilding Campaign$200,000
Germantown Academy Fort Washington, PAScholarship$150,000
The Hill School Pottstown, PABuilding Campaign$50,000
Devon Horseshow Foundation Devon, PAMaintenance$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$58,593,293$15,275,217$2,591,730
Revenue$44,239,434$13,019,500$233,837
Expenses$602,640$336,013$164,870
Qualifying Distributions$463,429$274,472$155,725
Net Investment Income$3,196,407$451,600$80,806
Distributable Amount$1,908,051$656,903$164,603

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
  2. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

The Robert McLean and Jenepher and Edward J Kelly Jr Foundation's 2024 filing lists 5 officers; 1 of 5 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Joseph A. O'Connor

    Trustee

    On filings since 2019

    4 hrs/week

    $44K (2023) → $44K (2024)

  • Michael M. Kelly

    Trustee

    On filings since 2019

    20 hrs/week

    No compensation reported

  • Dorothea S. Kelly

    Director of Grants

    New on the 2024 filing

    10 hrs/week

    No compensation reported

  • Edward J. Kelly III

    Advisory Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • William L. Kelly

    Advisory Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Edward J. Kelly Jr. (2019–2021) — Trustee

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Joseph a O'Connor — Trustee: $44KJoseph a O'ConnorTrustee$44K

The highest reported compensation on the 2024 filing was $44K, to Joseph a O'Connor (Trustee).

Frequently asked questions about The Robert McLean and Jenepher and Edward J Kelly Jr Foundation

How much does The Robert McLean and Jenepher and Edward J Kelly Jr Foundation give each year?

The Robert McLean and Jenepher and Edward J Kelly Jr Foundation gave $401K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $201K across 4 grants.

What is The Robert McLean and Jenepher and Edward J Kelly Jr Foundation's typical grant size?

The Robert McLean and Jenepher and Edward J Kelly Jr Foundation's median grant in 2024 was $100,000, and its average grant was $100,125, across 4 grants on its 2024 IRS Form 990-PF.

Where does The Robert McLean and Jenepher and Edward J Kelly Jr Foundation give grants?

The Robert McLean and Jenepher and Edward J Kelly Jr Foundation gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does The Robert McLean and Jenepher and Edward J Kelly Jr Foundation give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on The Robert McLean and Jenepher and Edward J Kelly Jr Foundation's 2024 IRS Form 990-PF were described as general or operating support.

How large is The Robert McLean and Jenepher and Edward J Kelly Jr Foundation?

The Robert McLean and Jenepher and Edward J Kelly Jr Foundation reported $58.6M in total assets on its 2024 IRS Form 990-PF. It paid out $463K in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Robert McLean and Jenepher and Edward J Kelly Jr Foundation?

The Robert McLean and Jenepher and Edward J Kelly Jr Foundation is a private foundation focused on Human Services, based in Holicong, PA. It holds $58.6M in total assets as of 2024.

What is The Robert McLean and Jenepher and Edward J Kelly Jr Foundation's EIN?

The Robert McLean and Jenepher and Edward J Kelly Jr Foundation's EIN (Employer Identification Number) is 35-6819324. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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