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Filing year 2024

DENISE AND MICHAEL KELLEN FOUNDATION INC

New York, New York·EIN 47-3440549·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$55.1M
Total assets
$624.7M
Total expenses
$23M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

Secretary
Board Secretary
75th to 90th percentile
$72k
$78k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DENISE AND MICHAEL KELLEN FOUNDATION INC equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$18M

Itemized grants

13

Median grant

$128k

RecipientLocationPurposeAmount
WELLESLEY COLLEGEWELLESLEY, MAGENERAL FUND$10.1M
THE JOAN AND SANFORD I WEILLNEW YORK, NYGENERAL FUND$5M
ANIMAL MEDICAL CENTERNEW YORK, NYGENERAL FUND$1.3M
ROCKEFELLER UNIVERSITYNEW YORK, NYGENERAL FUND$1M
SILVER HILL HOSPITALNEW CANAAN, CTGENERAL FUND$200k
ACT OF CONNECTICUTRIDGEFIELD, CTGENERAL FUND$141k
CHAPEL & YORK FOUNDATIONNEW YORK, NYGENERAL FUND$128k
HOSPITAL FOR SPECIAL SURGERYNEW YORK, NYGENERAL FUND$100k
CHABAD OF ICELAND INCBROOKLYN, NYGENERAL FUND$50k
RIDGEFIELD CONSERVATORY OF DANCERIDGEFIELD, CTGENERAL FUND$10k
RIDGEFIELD LIBRARY ASSOCIATIONRIDGEFIELD, CTGENERAL FUND$10k
THE NEW YORK HISTORICAL SOCIETYNEW YORK, NYGENERAL FUND$8k
GLEN ROCK BOOSTER CLUBGLEN ROCK, NJGENERAL FUND$5k
Compare this foundation's grantees

Up 19%
from 2023

From $61k in 2023 to $72k in 2024.

$61k
2023
$72k
2024
In today's dollarsEst.
Up 15% in real terms$68k to $78k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Secretary pay rose 19% from 2023 to 2024, while revenue fell 89%.

$61k in 2023 to $72k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about DENISE AND MICHAEL KELLEN FOUNDATION INC

What does the Board Secretary of DENISE AND MICHAEL KELLEN FOUNDATION INC earn?

In 2024, the Board Secretary of DENISE AND MICHAEL KELLEN FOUNDATION INC received $72,000 in total compensation. This pay is in the top quarter for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at DENISE AND MICHAEL KELLEN FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Board Secretary at DENISE AND MICHAEL KELLEN FOUNDATION INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at DENISE AND MICHAEL KELLEN FOUNDATION INC equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are DENISE AND MICHAEL KELLEN FOUNDATION INC's revenue and expenses?

In 2024, DENISE AND MICHAEL KELLEN FOUNDATION INC reported $55.1M in total revenue and $23M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.