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Kern Family Foundation

Manager: Elizabeth Colello
Priority: Open

BACKGROUND

Established in 1998 in WI.

In 1959, Robert and Patricia Kern founded a business in Waukesha, Wisconsin. Despite many setbacks, this business eventually grew to become Generac Power Systems, one of the world's largest independent manufacturers of complete engine-driven generator systems. The company makes power generators for several applications, including industrial, commercial, residential, recreational, vehicle and communications, with systems that range from three to 6,000 kilowatts. When Generac Power Systems sold a division of the company in 1998, a portion of the proceeds went to establish the Kern Family Foundation, a private, independent grant-making organization based in Waukesha, WI. In 2006, the Kerns sold the balance of the business and directed a significant portion of the profits to grow the foundation. In keeping with the vision of its founders Drs. Robert D. and Patricia E. Kern, the Kern Family Foundation seeks to enrich the lives of others by promoting strong pastoral leadership, educational excellence and high quality, innovative engineering talent.

FIELDS OF INTEREST

education, youth development

LIMITATIONS

Giving primarily in the Midwest.

No support for individual public or private K-12 schools.

No grants to individuals, or for endowments, indirect costs as part of the grant request, debt reduction, or annual fund drives for sustaining support.

FINANCIAL DATA

Total giving: $30,949,109

Qualifying distributions: $34,875,950

Giving activities include:

$30,949,109 for 195 grants (high: $5,096,000; low: $300)

$481,549 for 3 foundation-administered programs

SELECTED GRANTS

The following grants are a representative sample of this grantmaker's funding activity:

  • $2,500,000 to Charter Fund, Broomfield, CO, in 2012. For General Operating Purposes
  • $2,500,000 to Charter Fund, Broomfield, CO, in 2012. For General Operating Purposes
  • $1,445,000 to Acton Institute for the Study of Religion and Liberty, Grand Rapids, MI, in 2012. For General Operating Purposes
  • $1,000,000 to Project Lead the Way, Indianapolis, IN, in 2012. For Pre-Engineering Program
  • $999,750 to American Enterprise Institute for Public Policy Research, Washington, DC, in 2012. For General Operating Purposes
  • $500,000 to Project Lead the Way, Indianapolis, IN, in 2012. For Pre-Engineering Program
  • $287,864 to Ifo Institute for Economic Research, Munich, Germany, in 2012. For General Operating Purposes
  • $91,100 to Bethel College, Mishawaka, IN, in 2012. For Theological Education Initiative
  • $52,500 to Americans for Prosperity Foundation, Arlington, VA, in 2012. For General Operating Purposes
  • $20,000 to Winona Area Public Schools, Winona, MN, in 2012. For Pre-Engineering Program