The Robert D and Patricia E Kern Family Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
The Robert D and Patricia E Kern Family Foundation Inc is a 501(c)(3) organization based in Waukesha, Wisconsin, registered in 1999, with $52,929,251 in FY2024 revenue. CharityIndex grades it D.
W305s4239 Brookhill Rd, Waukesha, WI, 53189 EIN 39-1923558 Since 1999
Revenue (FY2024)
$52.9M
▼ 68.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$97.3M
Net assets
$837.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Robert D and Patricia E Kern Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating103 mo reserves · -84% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Robert D and Patricia E Kern Family Foundation Inc: 103 mo reserves · -84% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Robert D and Patricia E Kern Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Robert D and Patricia E Kern Family Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- W305s4239 Brookhill Rd, Waukesha, WI, 53189
- City
- Waukesha
- State
- Wisconsin
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $43.5M (FY2020) to $52.9M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $837.0M
Operating margin
-83.8%
Spent more than it raised in the latest fiscal year.
Total assets
$837.0M
Total liabilities
$0
Net assets
$837.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $52,929,251▼68.9% | $97,266,071▲20.6% | $836,952,772▼0.6% | $836,952,772▼0.6% | 990PF |
| 2023 | $170,205,304▲286% | $80,667,943▲65.5% | $841,791,534▲22.3% | $841,791,534▲22.3% | 990PF |
| 2022 | $44,051,289▼39.3% | $48,751,197▼38.9% | $688,020,368▼9.4% | $688,020,368▼9.4% | 990PF |
| 2021 | $72,623,533▲67.0% | $79,778,735▲18.3% | $759,382,340▲5.8% | $759,382,340▲5.8% | 990PF |
| 2020 | $43,480,423 | $67,443,950 | $717,991,169 | $717,991,169 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Rahn James C — $753,419 (0.77% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rahn James C | Director & President | 40 | $753,419 |
| Senske Michael W | Cfo & Treasurer | 40 | $467,836 |
| Bode Kyle R | Vice President | 40 | $409,852 |
| Hanson Gail | Director | 1 | $3,000 |
| Graber Richard | Director | 1 | $2,000 |
| Pierson Warren | Director | 1 | $2,000 |
| Ramirez Austin | Director | 1 | $2,000 |
| Roell Steven | Director | 1 | $2,000 |
| Tabat Dawn | Director | 1 | $2,000 |
| Peterson Marcia | Director & Chairman of the Board | 10 | — |
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Frequently asked questions
- Is The Robert D and Patricia E Kern Family Foundation Inc a legitimate nonprofit?
- Yes. The Robert D and Patricia E Kern Family Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1923558, based in Waukesha, Wisconsin. Donations are tax-deductible.
- What is The Robert D and Patricia E Kern Family Foundation Inc's EIN?
- The Robert D and Patricia E Kern Family Foundation Inc's Employer Identification Number (EIN) is 39-1923558.
- How much revenue does The Robert D and Patricia E Kern Family Foundation Inc report?
- The Robert D and Patricia E Kern Family Foundation Inc reported $52,929,251 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Robert D and Patricia E Kern Family Foundation Inc have?
- CharityIndex grades The Robert D and Patricia E Kern Family Foundation Inc D, based on financial health (reserves and operating margin).
- How much does The Robert D and Patricia E Kern Family Foundation Inc's highest-paid employee make?
- The highest reported compensation on The Robert D and Patricia E Kern Family Foundation Inc's latest Form 990 is $753,419, paid to Rahn James C (Director & President).
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Data for The Robert D and Patricia E Kern Family Foundation Inc (EIN 39-1923558) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.