Wayne T Kennedy and Lorelei F

SAN CARLOS, CA EIN: 20-5760604

Wayne T Kennedy and Lorelei F is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN CARLOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

+21.6% YoY

Annual Giving

$60K

-94.7% YoY

Grant Count

3

-86.4% YoY

Avg Grant Size

$20K

-61.2% YoY

Under IRS private-foundation payout rules, Wayne T Kennedy and Lorelei F reported a distributable amount of $189K for 2024 — the minimum it must pay out in qualifying distributions.

About Wayne T Kennedy and Lorelei F

Based on IRS filings

Wayne T Kennedy and Lorelei F is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN CARLOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

Bloomfield TwpBooneChampaignChicagoEast LansingHonoluluIndianapolisKanabLas VegasLos AngelesMission HillsMt VernonNapaNew YorkPalo AltoPoint Reyes StationRochesterSacramentoSan CarlosSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$345K$689K$1M$1M20202021202220232024
Metric202420232022
Total Assets$2,508,771$2,062,669$2,716,978
Revenue$622,599$599,987$621,332
Expenses$177,097$1,252,913$122,912
Qualifying Distributions$81,915$1,163,606$43,416
Net Investment Income$27,417$35,680$41,836
Distributable Amount$189,014$198,217$201,112

Giving Over Time

Total grant dollars and number of grants per year

$0$284K$568K$853K$1M9 grants202015 grants202116 grants202222 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

MICHIGAN STATE UNIVERSITY$50KAMERICAN NATIONAL RED CR…$5KKETTERING CENTERVILLE KI…$5K

Grant Size Distribution

65 grants across all recorded years

56<$50K1$50–100K5$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Michigan State University ($50,000), American National Red Cross ($5,125), Kettering Centerville Kiwanis ($5,000).

RecipientPurposeAmount
AMERICAN NATIONAL RED CROSS BOONE, IAMEDICAL CARE$5,125
KETTERING CENTERVILLE KIWANIS INDIANAPOLIS, ILCOMMUNITY SERVICE$5,000
MICHIGAN STATE UNIVERSITY EAST LANSING, MIEDUCATION$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WAYNE T KENNEDYPRESIDENT & DIRECTOR1
LORELEI F ROCKWELLSECRETARY, TREASURER & DIRECTOR1
TAUNYE SIRKDIRECTOR1
MARK FELLOWSDIRECTOR1
TOM KENNEDYDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Wayne T Kennedy and Lorelei F?

Wayne T Kennedy and Lorelei F is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN CARLOS, CA. It holds $2.5M in total assets as of 2024.

How large is Wayne T Kennedy and Lorelei F?

As of 2024, Wayne T Kennedy and Lorelei F holds $2.5M in total assets with $623K in annual revenue. It awarded 3 grants totaling $60K in 2024.

Where does Wayne T Kennedy and Lorelei F operate?

Wayne T Kennedy and Lorelei F has awarded grants in California, District of Columbia, Hawaii, Iowa, Illinois, Michigan, Minnesota, Nevada, New York, Utah.

What size grants does Wayne T Kennedy and Lorelei F award?

In 2024, Wayne T Kennedy and Lorelei F awarded 3 grants totaling $60K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Wayne T Kennedy and Lorelei F required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wayne T Kennedy and Lorelei F reported a distributable amount of $189K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wayne T Kennedy and Lorelei F's EIN?

Wayne T Kennedy and Lorelei F's EIN (Employer Identification Number) is 20-5760604. IRS Form 990 filing data is available on this page for 2020–2024.

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

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