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Nonprofit · EIN 27-1510984

KELLY FAMILY FOUNDATION INC

Tax-exempt · NEEDHAM, MA 02494

Financials

$732K$2.1M2023$1.4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of KELLY FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,388,540$1,646,824-$258,284$22,046,705$13,764$22,032,941
December 31, 2023990-PF$731,673$2,107,958-$1,376,285$22,321,470$19,255$22,302,215
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$701,908
Interest
$815
Net gain from sales of assets
$685,817

Expenses

Grants and similar amounts paid
$1,371,250
Compensation of officers, directors and key employees
$95,040
Salaries, compensation and benefits (total)
$12,203
Disbursements for charitable purposes
$1,499,275
Excise tax on investment income
$17,732

Balance sheet and other

Total assets, start of year
$22,321,470
Total assets, end of year
$22,046,705
Total liabilities, end of year
$13,764
Net assets, end of year
$22,032,941
Fair market value of assets
$24,053,757
Qualifying distributions
$1,499,275
Net investment income
$1,388,540

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SONJA KELLY
433 MARLBOROUGH STREET 2, BOSTON, MA 02115
PRESIDENT
Highest-paid employee
25$95,040
SONJA KELLY
433 MARLBOROUGH STREET 2, BOSTON, MA 02115
PRESIDENT25$0
DEBORAH M KELLY
161 OCEAN BEACH TRAIL, VERO BEACH, FL 32963
TREASURER0$0
EDMUND F KELLY
161 OCEAN BEACH TRAIL, VERO BEACH, FL 32963
CLERK0$0
EDMUND F KELLY
161 OCEAN BEACH TRAIL, VERO BEACH, FL 32963
DIRECTOR0$0
DEBORAH M KELLY
161 OCEAN BEACH TRAIL, VERO BEACH, FL 32963
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
SONJA KELLY
433 MARLBOROUGH STREET 2, BOSTON, MA 02115
PRESIDENT25$95,040
SONJA KELLY
433 MARLBOROUGH STREET 2, BOSTON, MA 02115
PRESIDENT
Highest-paid employee
25$95,040
DEBORAH M KELLY
161 OCEAN BEACH TRAIL, VERO BEACH, FL 32963
TREASURER0$0
EDMUND F KELLY
161 OCEAN BEACH TRAIL, VERO BEACH, FL 32963
CLERK0$0
EDMUND F KELLY
161 OCEAN BEACH TRAIL, VERO BEACH, FL 32963
DIRECTOR0$0
DEBORAH M KELLY
161 OCEAN BEACH TRAIL, VERO BEACH, FL 32963
DIRECTOR0$0

Address and contacts

Address (IRS master file)
10 KEARNEY RD STE 305, NEEDHAM, MA 02494-2544
In care of
% OBRIEN & ASSOC
Signed the 990-PF
SONJA KELLY, PRESIDENT
Phone
(781) 444-8400
Return prepared by
O'BRIEN & ASSOCIATES

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-1510984
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$22,046,705
Income (IRS master file)
$11,527,395

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,388,540$1,646,824$22,046,705IRS
990-PFDecember 2023$731,673$2,107,958$22,321,470XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1510984).

Questions about KELLY FAMILY FOUNDATION INC

What is the EIN of KELLY FAMILY FOUNDATION INC?
The employer identification number (EIN) of KELLY FAMILY FOUNDATION INC is 27-1510984.
Is KELLY FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to KELLY FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KELLY FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of KELLY FAMILY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KELLY FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of KELLY FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $95,040 (SONJA KELLY, PRESIDENT).
How much revenue does KELLY FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,388,540, expenses of $1,646,824 and total assets of $22,046,705 at year end.

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