Charity Search / THE ROBERT D AND PATRICIA E KERN FAMILY FOUNDATION INC
Philanthropy & Grantmaking (T20) 990 on File

THE ROBERT D AND PATRICIA E KERN FAMILY FOUNDATION INC

EIN: 39-1923558 · WAUKESHA, WI 53189-9126 · United States · FY 2023 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 83/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$170.2M
Total Revenue
$80.7M
Total Expenses
$841.8M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.7%
Fundraising Efficiency N/A
Operating Reserve 125.22x
Liability-to-Asset 0.0%
Revenue Diversification 88.6%
Executive Compensation $1.5M
Compared with Peers
FY 2023
Compared with 1,312 similar organizations (United States, Philanthropy & Grantmaking, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
93.7% 92.2%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
125.2 mo 71.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 2.3%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
88.6% 89.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
286.4% 1.0%
P10P90
Expense growth
Year over year expense growth
65.5% 10.7%
P10P90
Surplus margin
Surplus as a share of revenue
52.6% -0.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $170.2M $80.7M $841.8M 93.7% —
2022 $44.1M $48.8M $688.0M 92.9% —
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Organization Details
EIN
39-1923558
State
WI
City
WAUKESHA
ZIP
53189-9126
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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