Kaimas Foundation
- Assets
- $3.7m
- Revenue
- $195.4k
- Investments
- $171.2k
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 09/2009
- Data as of
- 12/2023
- EIN
- 26-1645909
Organization Overview
Kaimas Foundation is located in Colorado Springs, CO. The organization was established in 2009. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Kaimas 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, Kaimas Foundation generated $195.4k 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 (3.2%) each year. All expenses for the organization totaled $406.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kaimas Foundation has awarded 113 individual grants totaling $2,447,802. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38,751 |
| Dividends & Interest | $99,973 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $222,965 |
| Capital Gain Net Income | $222,965 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$166,278 |
| Total Revenue | $195,411 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $279 |
| Taxes | $1,411 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $78,228 |
| Total operating and administrative expenses | $219,474 |
| Contributions, gifts, grants paid | $187,000 |
| Total expenses and disbursements | $406,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,322 |
| Savings and temporary cash investments | $0 |
| 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 | $9,922 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,369,727 |
| Total assets | $3,686,296 |
| 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, Kaimas Foundation has awarded $187,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ASU FOUNDATION PURPOSE: GENERAL OPERATIONS | $50,000 |
TUCSON WILDLIFE PURPOSE: GENERAL OPERATIONS | $57,000 |
SAINT JOSES WOMEN'S CENTER PURPOSE: GENERAL OPERATIONS | $15,000 |
UNIVERSITY OF ARIZONA PURPOSE: GENERAL OPERATING & INTERNATIONAL HEALTH TEACHING PROGRAM | $40,000 |
SISTER JOSE WOMEN'S CENTER PURPOSE: GENERAL OPERATING | $25,000 |