Kahn Family Charitable Foundation
- Assets
- $1.4m
- Revenue
- $155.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 20-3946440
Organization Overview
Kahn Family Charitable Foundation is located in Wellesley, MA. The organization was established in 2007. 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. Kahn Family Charitable 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, Kahn Family Charitable Foundation generated $155.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $135.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kahn Family Charitable Foundation has awarded 283 individual grants totaling $1,453,518. 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 |
|---|---|---|---|
Jordan A Kahn Trustee | 0.5 | $0 | |
Susan R Kahn Trustee | 0.5 | $0 | |
Lawrence M Kahn Trustee | 0.25 | $0 | |
Kris D Kahn Trustee | 0.25 | $0 | |
Torianio D White Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,800 |
| Interest on Savings | $1,189 |
| Dividends & Interest | $25,467 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,426 |
| Capital Gain Net Income | $121,426 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,975 |
| Total Revenue | $155,857 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,011 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $8,566 |
| Contributions, gifts, grants paid | $126,400 |
| Total expenses and disbursements | $134,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,545 |
| 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 | $203,041 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,353,565 |
| 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, Kahn Family Charitable Foundation has awarded $126,400 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
CHABAD TERROR VICTIMS PROJECT INC PURPOSE: PROGRAM SUPPORT | $1,000 |
ELIZABETH SETON RESIDENCE INC PURPOSE: PROGRAM SUPPORT | $1,000 |
WELLESLEY FRIENDLY AID ASSOCIATION PURPOSE: PROGRAM SUPPORT | $500 |
CROHN'S & COLITIS FOUNDATION PURPOSE: PROGRAM SUPPORT | $1,000 |
AMERICAN CANCER SOCIETY INC PURPOSE: PROGRAM SUPPORT | $5,000 |
SHARE OUR STRENGTH (NO KID HUNGRY) PURPOSE: PROGRAM SUPPORT | $200 |