Margaret Kelly Fund C/o Bettinger & Leech

Overview

Mission

Corporate Foundations

What it reported funding in 2020

The foundation reported 1 grant totaling $10,000. The stated grant purpose was improving teaching & learning.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

Nonprofit profile at a glance

EIN
133880821
IRS 990-PF coverage
2010–2020
Forms available
Form 990-PF 2020
Headquarters
Englewood, NJ, USA
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Corporate Foundations

The verdict

SUPPORTED - The filing identifies who received its grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 98
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 41

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 98.3%; rating input score 98; 90th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
  • Filing consistency checks: 8; rating input score 100

Endowment Health

  • Endowment-health comparison: 14.6; rating input score 41; 41st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 41th percentile for endowment coverage
  • Consistency: 8 of 8 current checks pass
  • Filing history: 11 annual filings from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.