NFP500

#297 of 500 · Foundation / Grantmaker / DAF

Denise And Michael Kellen Foundation Inc

EIN 47-3440549 · NY · NTEE T20 · Form 990-PF, fiscal 2023

A New York City-based private grantmaking foundation with assets of several hundred million dollars. It makes grants primarily by trustee direction (not accepting unsolicited proposals) to preselected organizations, with giving concentrated in education, human services, arts and cultural, and other institutions, largely in the New York region.

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Financials, fiscal 2023

Revenue
$514.4M
Expenses
$4.7M
Total assets
$592.6M
Net assets
$592.6M
Operating margin
99.1%
1-year growth
3061.2%
5-year growth (CAGR)
203.7%
Reserve (years of spending)
1525.8
Contributions share
97.3%
Programme spending
n/a
Fundraising cost
n/a
Executive pay share
1.30%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
8

NFP Health Score: 77 / 100

Financial 68 · Governance 85 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$6.0M
2020$1.3M
2021$2.6M
2022$16.3M
2023$514.4M