The Illinois State Capitol

Form 990-PFTax year 2025EIN 46-1625964

Kelly Foundation

A private foundation in Libertyville, IL. Its return for tax year 2025 reports $606,600 paid in grants, listed in an attachment that is not in the e-file.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $606,600

    Grants listed
    In an attachment
    Assets, end of year
    $5,108,622
  • Tax year 2024

    $227,900

    Grants listed
    In an attachment
    Assets, end of year
    $3,558,730
  • Tax year 2023

    $227,100

    Grants listed
    In an attachment
    Assets, end of year
    $3,207,583
  • Tax year 2022

    $306,400

    Grants listed
    In an attachment
    Assets, end of year
    $2,610,406
  • Tax year 2021

    $443,917

    Grants listed
    In an attachment
    Assets, end of year
    $2,098,434
  • Tax year 2020

    $1,450,514

    Grants listed
    In an attachment
    Assets, end of year
    $1,904,498
  • Tax year 2019

    $205,270

    Grants listed
    In an attachment
    Assets, end of year
    $2,980,152
  • Tax year 2018

    $240,820

    Grants listed
    In an attachment
    Assets, end of year
    $2,248,219

Grants paid in 2025

Grants listed in an attachment (not in the e-file)

As listed on the return.

  1. This return lists its grants in an attachment that is not in the IRS e-file: $606,600 in all.

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Paul KellyPRESIDENT Hours 5Pay $0
  • Michele KellySECRETARY Hours 5Pay $0
  • Frederick M LernerDIRECTOR Hours 2Pay $0

The return

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