Kenbe Foundation
- Assets
- $3.5m
- Revenue
- $884.2k
- Investments
- $2.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2002
- Data as of
- 12/2023
- EIN
- 13-4200004
Organization Overview
Kenbe Foundation is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenbe Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Kenbe Foundation generated $884.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $316.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Kenbe Foundation has awarded 16 individual grants totaling $1,590,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Genevieve Lynch President | 0 | $0 | |
Robert Lynch CFO | 0 | $0 | |
Terence Lohman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $635,000 |
| Interest on Savings | $12 |
| Dividends & Interest | $50,138 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $199,092 |
| Capital Gain Net Income | $199,092 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $884,242 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,861 |
| Total operating and administrative expenses | $16,861 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $316,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,594 |
| Savings and temporary cash investments | $516,824 |
| 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 | $1,273,007 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,521,091 |
| 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 | $11,929 |
| Total liabilities | $11,929 |
Grants Awarded
Over the last fiscal year, Kenbe Foundation has awarded $300,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATURAL RESOURCES DEFENSE COUNCIL PURPOSE: ENVIRONMENTAL CONSERVATION | $200,000 |
CORNELL UNIVERSITY PURPOSE: EDUCATION | $100,000 |