Kite Foundation
- Assets
- $0.0
- Revenue
- $164.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- Data as of
- 12/2016
- EIN
- 04-3613913
Organization Overview
Kite Foundation is located in Memphis, TN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancye B Starnes President, Director | 15 | $25,000 | |
Peggy Seessel Treasurer, Director | 0.5 | $0 | |
Cindy Johnson Secretary, Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $94,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,852 |
| Capital Gain Net Income | $58,852 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,897 |
| Total Revenue | $164,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,894 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,671 |
| Printing and publications | $0 |
| Other expenses | $1,990 |
| Total operating and administrative expenses | $143,478 |
| Contributions, gifts, grants paid | $6,964,751 |
| Total expenses and disbursements | $7,108,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kite Foundation has awarded $6,964,751 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: DONOR ADVISED FUND | $6,659,751 |
CHARLESTON REGIONAL ALLIANCE FOR THE ARTS PURPOSE: GENERAL FUND | $65,000 |
Charleston, SC PURPOSE: FACILITY FUNDING AND CHALLENGE GRANT | $40,000 |
Memphis, TN PURPOSE: OPERATING SUPPORT | $35,000 |
SOULSVILLE FOUNDATIONSTAX MUSIC ACADEMY PURPOSE: GENERAL FUND | $30,000 |
NET BALLET ENSEMBLE & SCHOOL PURPOSE: "PIVOTAL POINTE" | $25,000 |
View Grant Profile
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Results For America Washington, DC | $34,611,584 | $37,342,488 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Affinity Health Center Rock Hill, SC | $21,220,850 | $20,654,145 |