Kao Family Foundation
- Assets
- $82.7m
- Revenue
- $12.1m
- Investments
- $78.8m
- Employees
- 0
- Location
- Olathe, KS
- Founding
- 01/2005
- Data as of
- 12/2021
- EIN
- 20-2014620
Organization Overview
Kao Family Foundation is located in Olathe, KS. The organization was established in 2005. 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. Kao Family 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 12/2021, Kao Family Foundation generated $12.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $4.9m during the year ending 12/2021. While expenses have increased by 23.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kao Family Foundation has awarded 126 individual grants totaling $16,800,345. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra K Pollard Secretary, Asst. Treasurer | 40 | $100,001 | |
Jennifer Kao Vp, Director | 0.25 | $0 | |
Laurie A Minard Director | 0.25 | $0 | |
Nicolas Gonda Director | 0.25 | $0 | |
Min H Kao Pres, Director | 2 | $0 | |
Yu-Fan C Kao Treas, Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,586,650 |
| Interest on Savings | $10 |
| Dividends & Interest | $3,368,863 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $112,469 |
| Capital Gain Net Income | $112,469 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,726 |
| Total Revenue | $12,086,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,001 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $59,003 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,285 |
| Total operating and administrative expenses | $214,676 |
| Contributions, gifts, grants paid | $4,680,634 |
| Total expenses and disbursements | $4,895,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,851,617 |
| 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 | $2,352,673 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $82,668,513 |
| 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, Kao Family Foundation has awarded $4,680,634 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: ORGANIZATION'S GENERAL CHARITABLE PURPOSES | $2,000,500 |
Olathe, KS PURPOSE: ORGANIZATION'S GENERAL CHARITABLE PURPOSES | $586,000 |
UNIVERSITY OF NEBRASKA FOUNDATION PURPOSE: ORGANIZATION'S GENERAL CHARITABLE PURPOSES | $560,000 |
Lawrence, KS PURPOSE: ORGANIZATION'S GENERAL CHARITABLE PURPOSES | $211,000 |
WATTS CONSERVANCY OF MUSIC PURPOSE: ORGANIZATION'S GENERAL CHARITABLE PURPOSES | $209,000 |
Los Angeles, CA PURPOSE: ORGANIZATION'S GENERAL CHARITABLE PURPOSES | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Joseph W Craft Iii Foundation Tulsa, OK | $111,776,138 | $19,434,208 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |
Merle Chambers Fund Denver, CO | $66,462,880 | $7,349,081 |
Mutual Of Omaha Foundation Omaha, NE | $120,899,798 | $13,368,524 |
Claire M Hubbard Foundation Omaha, NE | $31,541,308 | $3,169,912 |
Maffei Foundation Denver, CO | $13,828,182 | $18,020,171 |