April 18, 2015

Kennon & Green Foundation

The Kennon & Green Foundation is rarely discussed. On a handful of occasions, when I think it might help a specific cause heighten its profile and raise more money for a good cause, I might highlight an individual grant; nevertheless, a vast majority of the foundation's efforts will not be discussed or disclosed. Giving should be done privately, behind closed doors, without a lot of fanfare. Please don't write and solicit donations or ask for more information because your message will be blacklisted.

Mail Bag: Do You Still Hold Index Funds in Your Charitable Foundation?

Charitable Index Funds

It's been a long time, but here's an update on the charitable foundation ... Mr. Kennon, Unless I missed it, I believe it has been many years since you talked about your foundation (foundations?) and the passive investment approach you use for it/them.  Do you still buy index funds?  Has anything changed?  I enjoy hearing about that part of your life and am thinking about setting up something similar. Please don't use my name if you answer this question. [Redacted] There have been no m … [Read more...]

I’ve Cut Off All Charitable Donations and Business Relationships with Nigeria and Uganda


Most of the time, my life is a lot of fun.  Occasionally, a hard decision crosses my desk that I'd rather avoid.  That's no way to go through life, though, so as painful as it is, a decision has to be made.  You cannot run from the things you don't want to face because even failing to make a decision is, in itself, a decision with its own consequences. The source of my current unpleasant decision: My foundation.  For a very long time, the Kennon & Green Foundation, as well as my other mec … [Read more...]

The Kennon & Green Foundation Issues $1,000.00 Grant to St. Jude Children’s Research Hospital

St. Jude Children's Research Hospital

Over the past year, the Kennon & Green Foundation has done a lot for anti-poverty, education, marriage equality, and Christian religious causes but not much in the medical area.  (Other than a personal project that culminated on March 30th, 2010, when I cut off all of my hair to donate to Locks for Love, the charity that makes wigs from real hair for kids suffering from childhood cancers.)  That suddenly hit me this morning.  Most of the grants are kept secret, with a handful highlighted when … [Read more...]

The Kennon & Green Foundation Donates $1,000.00 to Project Open Hand

Ruth Brinker Founder of Project Open Hand

You know one of the only things that makes me physically uncomfortable is discussing charitable giving.  But, from time to time, a specific cause or charity seems to really get my attention so I want to highlight it in the hopes that it raises their profile, helping them increase donations.  This is one of those times.   For the past week, I've walked around thinking about Ruth Brinker and the amazing work she did at Project Open Hand.  This afternoon, I was sitting at my desk and kept coming ba … [Read more...]

The Kennon & Green Foundation Celebrates the Passage of Marriage Equality in New York

New York Marriage Equality Law Passed

The Kennon & Green Foundation is a big supporter of marriage equality and includes gay rights in one of the five categories to which it donates cash grants (the others being poverty reduction, education, supporting the Christian Church, and ecology, environmental, and species preservation; for more information, you can read the foundation's guidelines). As a result, the family was thrilled last night when, shortly before midnight, the New York State legislature passed the marriage … [Read more...]

Mail Bag – A Deeper Look Into The Kennon & Green Foundation and Donor Advised Funds

Kennon & Green Foundation Investments Partial

This mail bag question deals with charitable giving and investments. Joshua, I know you don't talk much about your charitable giving but a few months ago, you mentioned several grants that the Kennon & Green Foundation had issued to support a handful of causes, which isn't your usual policy. I want to be financially independent.  I save a lot of my income and I'm not quite sure how to approach charitable giving since I want to keep as much of my money invested as I can but I don't … [Read more...]

The Trevor Project Grant Ticked Someone Off

Grant to Help Proposition 8 Case

After the company announced the donation of a small grant from The Kennon Foundation to The Trevor Project yesterday in response to the (something like 6 teenagers now!?) that killed themselves this week as a result of being bullied for being gay, someone tracked down one of my private lines and left a message about helping "...the faggots and queers" ... this went on for awhile (didn't want to bother listening to the entire message). And then they had the audacity to say I hope I can sleep … [Read more...]

The Kennon Foundation Donates $1,000.00 to The Trevor Project to Prevent Teen Suicide

Marcus Wayman as a Child

A series of events happened today that led me to disclose another grant issued by The Kennon Foundation despite my usual practice of keeping gifts silent. But this one is for a cause that needs to be highlighted. It is preventable and the damage caused to ordinary families in the wake of the tragedy is beyond my comprehension. As I was visiting my two-year-old niece today (when I came in the door, she ran up to me and asks, "Joshie?  Do you want to play with me?" so we practiced colors and … [Read more...]

The Kennon Foundation Donates $1,000.00 to Joyce Meyer Ministries As a Result of Her Financial Disclosure Practices

Joyce Meyer Charitable Donation Confirmation

A few months ago, Charlie Munger donated $20,000+ to a man who wrote an article about lowering health care costs in the United States.  It was so excellent, Charlie wanted to support that kind of work and use it to serve as an example to others.  Like Cicero, Munger and Franklin, that is the kind of man I want to be.  Tonight, I came across an example of "good behavior" that is stellar in an industry where so many are corrupt. Like my hero, Charlie, I am going to point it out and do so … [Read more...]