Kingdom Capital Fund

Organization Overview

Kingdom Capital Fund is located in Sioux Falls, SD. The organization was established in 2008. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Kingdom Capital Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingdom Capital Fund 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, Kingdom Capital Fund generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $592.7k during the year ending 12/2021. While expenses have increased by 0.3% 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, Kingdom Capital Fund has awarded 45 individual grants totaling $4,073,760. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES AND FOR THE SUPPORT AND BENEFIT OF QUALIFIED CHARITABLE ORGANIZATIONS THAT SUPPORT, PROMOTE, AND PERFORM CHRISTIAN OBJECTIVES.

Describe the Organization's Program Activity:

DONATIONS TO NON-PROFIT ORGANIZATIONS THAT MEET THE MISSION OF KINGDOM CAPITAL FUND.


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Board, Officers & Key Employees

Name (title)Compensation
Rich Merkouris
President
$82,500
Rob Broin
Secretary
$0
Steve Jankord
Chair
$0
Heath Oberloh
Vice Chair
$0
Deb Konz
Treasurer
$0
Sheri Carmon
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $14,000
All other contributions, gifts, grants, and similar amounts not included above$1,406,601
Noncash contributions included in lines 1a–1f $736,034
Total Revenue from Contributions, Gifts, Grants & Similar$1,420,601
Total Program Service Revenue$0
Investment income $20,429
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$57,302
Net Gain/Loss on Asset Sales $298,320
Net Income from Fundraising Events $165,852
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,855,135

Grants Awarded

Over the last fiscal year, Kingdom Capital Fund has awarded $342,333 in support to 6 organizations.

Grant RecipientAmount

PARTNERS WORLDWIDE INC

Org PageRecipient Profile

Grand Rapids, MI

PURPOSE: GENERAL PURPOSE

$107,627

Sioux Falls, SD

PURPOSE: GENERAL PURPOSE

$100,000

Marshall, MN

PURPOSE: GENERAL PURPOSE

$50,000

Sioux Falls, SD

PURPOSE: GENERAL PURPOSE

$34,627

THEHOPELINE INCDAWSON MCALLISTER ASSOCATION

Org PageRecipient Profile

Spring Hill, TN

PURPOSE: GENERAL PURPOSE

$28,579

COLLISIONFIRST PRIORITY OF SIOUX FALLS INC

Org PageRecipient Profile

Sioux Falls, SD

PURPOSE: GENERAL PURPOSE

$21,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Kingdom Capital Fund has recieved totaling $155,450.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: RELIGION RELATED

$79,500
Thrivent Charitable Impact & Investing

Appleton, WI

PURPOSE: 1% CHALLENGE

$45,000
Christian Community Foundation Inc

Colorado Springs, CO

PURPOSE: RELIEF SUPPORT,GENERAL SUPPORT

$30,000
Schock Foundation

Sioux Falls, SD

PURPOSE: GENERAL OPERATIONS

$950
View Grant Recipient Profile

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