Edna G Kynett Memorial Foundation
- Assets
- $8.0m
- Revenue
- $234.7k
- Investments
- $7.5m
- Employees
- 0
- Location
- Radnor, PA
- Founding
- 05/1957
- Data as of
- 12/2022
- EIN
- 23-6296592
Organization Overview
Edna G Kynett Memorial Foundation is located in Radnor, PA. The organization was established in 1957. 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. Edna G Kynett Memorial 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 12/2022, Edna G Kynett Memorial Foundation generated $234.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $579.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edna G Kynett Memorial Foundation has awarded 48 individual grants totaling $1,455,500. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwayne Wharton Med President | 1 | $0 | |
Daniel Edmundowicz MD Vice-President | 1 | $0 | |
Victoria Weill RN Secretary | 1 | $0 | |
Estefania Oliveros Soles Director | 0 | $0 | |
Gerald Devaughn MD Director | 0 | $0 | |
Nathalie Bartle Edd Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $197,747 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,931 |
| Capital Gain Net Income | $36,931 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $234,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,599 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,170 |
| Total operating and administrative expenses | $127,645 |
| Contributions, gifts, grants paid | $452,000 |
| Total expenses and disbursements | $579,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,691 |
| Savings and temporary cash investments | $427,333 |
| 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 | $7,984,549 |
| 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, Edna G Kynett Memorial Foundation has awarded $452,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN FAMILY HEALTH ORGANIZATION (AFAHO) PURPOSE: HEART - HEALTHY EATING AND REGULAR TESTING PROGRAM | $40,000 |
BRIDGING THE GAPS CONSORTIUM PURPOSE: BRIDGING THE GAPS | $40,000 |
CATCH GLOBAL FOUNDATION PURPOSE: PHILADELPHIA CATCH WHOLE CHILD WELLNESS INITIATIVE YEAR 3 | $50,000 |
CENTER IN THE PARK PURPOSE: HEALTH PROMOTION, EVIDENCE-BASED PROGRAMS DURING COVID | $15,000 |
COMMUNITY VOLUNTEERS IN MEDICINE PURPOSE: DIABETES/CARDIOVASCULAR CARE PROGRAM | $50,000 |
FOCUS ON HEALTH & LEADERSHIP OF WOMEN PURPOSE: STUDENT FELLOWSHIP(MSF) ON DISPARITIES IN CARDIOVASCULAR | $28,000 |