The Kern Family Foundation is an independent non-profit foundation based in Waukesha, Wisconsin. Established in 1998, the foundation's mission is to enhance and encourage religious values, family, and community competitive educational structures and moral and ethical values in society. The assets of the foundation are managed by the board of directors.The Kern Family Foundation's investment portfolio is valued at over $726.62 million, with investments in domestic and international equity, fixed income, private equity, and cash.