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Kelly Foundation

Libertyville, IL 461625964

The Kelly Foundation in Libertyville, IL, manages over $3.2 million in assets, focuses its funding locally, and is led by an uncompensated leadership team.

Overview

About Kelly Foundation

The Kelly Foundation, based in Libertyville, Illinois, is a philanthropic organization with assets totaling $3,207,583. The foundation reported expenses of $251,602 and revenue of $848,779. It primarily focuses its funding efforts within the city of Libertyville and the state of Illinois. The foundation is led by Paul Kelly, who serves as President, Michele Kelly as Secretary, and Frederick M. Lerner as Director. None of the leadership team receives compensation for their roles, and they dedicate a few hours weekly to the foundation's activities. The foundation does not specify particular subject areas for its funding initiatives.

Focus Areas

N/A

Geographic Focus

IL
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

Example compatibility analysis for demonstration purposes

Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $3.2M
Total Awarded This Year $227K
Average Grant Size $227K
Total Grants (Previous Year) 246
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
Libertyville, IL US
Geographic Funding Distribution

Financials

Total Assets
$3,207,583

in 2024, compared to $2,610,406 in 2023

Annual Grants
$227,100

1 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$443,917SEE ATTACHED STATEMENT OF CONTRIBUTIONSGENERAL FUND1925 ENTERPRISE COURT LIBERTYVILLE, IL US2022
$306,400SEE ATTACHED STATEMENT OF CONTRIBUTIONSGENERAL FUND1925 ENTERPRISE COURT LIBERTYVILLE, IL US2023
$227,100SEE ATTACHED STATEMENT OF CONTRIBUTIONSGENERAL FUND1925 ENTERPRISE COURT LIBERTYVILLE, IL US2024
3 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
PK
PAUL KELLY
PRESIDENT$02022
MK
MICHELE KELLY
SECRETARY$02022
FML
FREDERICK M LERNER
DIRECTOR$02022
PK
PAUL KELLY
PRESIDENT$02023
MK
MICHELE KELLY
SECRETARY$02023
FML
FREDERICK M LERNER
DIRECTOR$02023
PK
PAUL KELLY
PRESIDENT$02024
MK
MICHELE KELLY
SECRETARY$02024
FML
FREDERICK M LERNER
DIRECTOR$02024
9 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025