Kirwan Family Foundation Inc
The Kirwan Family Foundation Inc is a private independent foundation that operates as a philanthropic organization in the United States, primarily focused on grantmaking activities.
Background and Establishment
Established in 1997, the foundation is based in Newport Coast, California. It functions under the category of Philanthropy, Voluntarism, and Grantmaking Foundations, classified as a private independent foundation under the National Taxonomy of Exempt Entities (NTEE) system[1][2].
Financials and Activities
The foundation's financial activities are reported through its Form 990-PF filings, which detail its revenue, expenses, and asset management. Historically, its revenue has included significant contributions from dividends and sales of assets, with a substantial portion allocated to charitable disbursements[1].
In recent years, the Kirwan Family Foundation Inc has been actively engaged in grantmaking, distributing funds to various recipients. For instance, in 2023, it provided $157,500 in grants across 12 awards[3]. This level of grant activity indicates its commitment to supporting charitable causes.
Governance
The governance of the foundation includes a board consisting of family members and other directors. Key positions include Roger T. Kirwan as President and Sean Kirwan as Vice President, with other directors participating in decision-making processes[1].
Mission and Impact
While specific details about the foundation's mission are not explicitly stated, its grantmaking activities suggest an orientation towards philanthropic efforts focused on charitable causes. The foundation's grants support a variety of recipients, reflecting its contribution to various sectors within the nonprofit community.
Conclusion
The Kirwan Family Foundation Inc is a notable private foundation involved in philanthropic initiatives across the United States. Through its grantmaking activities and financial stewardship, it supports a range of charitable endeavors. Donations to this foundation are tax-deductible, aligning with its status as a recognized nonprofit organization[1].
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