Jerry And Terri Kohl Familyfoundation
- Assets
- $1.9m
- Revenue
- $77.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 20-4757707
Organization Overview
Jerry And Terri Kohl Familyfoundation is located in Wilmington, DE. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jerry And Terri Kohl Familyfoundation 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, Jerry And Terri Kohl Familyfoundation generated $77.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (39.9%) each year. All expenses for the organization totaled $33.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (37.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Jerry And Terri Kohl Familyfoundation has awarded 401 individual grants totaling $13,851,178. 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 |
|---|---|---|---|
Jerry Kohl Dir, Pres, Sec | 1 | $0 | |
Karyn Kohl VP | 1 | $0 | |
Matthew Kohl VP | 1 | $0 | |
Terri Marilyn Kohl Dir, Sec, Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,487 |
| Dividends & Interest | $43,245 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,102 |
| Capital Gain Net Income | $29,102 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,834 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,451 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,189 |
| Total operating and administrative expenses | $25,915 |
| Contributions, gifts, grants paid | $7,500 |
| Total expenses and disbursements | $33,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $294,201 |
| 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 | $1,921,792 |
| 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, Jerry And Terri Kohl Familyfoundation has awarded $323,534 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ACTIVE CULTURES PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
DIA CENTER FOR THE ARTS INC PURPOSE: JACK WHITTEN EXHIBITION | $25,000 |
ICA LA PURPOSE: MY BARBARIAN EXHIBITION | $50,000 |
LOS ANGELES NOMADIC DIVISION LAND PURPOSE: GENERAL & UNRESTRICTED | $150,000 |
LOS ANGELES NOMADIC DIVISION LAND PURPOSE: CHARITABLE EVENT | $3,534 |
OAK KNOLL MONTESSORI SCHOOL PURPOSE: GENERAL & UNRESTRICTED | $5,000 |