Charles F Kettering Foundation is located in Dayton, OH. The organization was established in 1938. 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. Charles F Kettering 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 12/2021, Charles F Kettering Foundation generated $49.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $17.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT PROGRAM COSTS:THE WORK OF CITIZENS550,951THE USE OF DEMOCRATIC PRACTICES IN COMMUNITY341,229THE WORK OF COMMUNITIES IN PUBLIC EDUCATION215,460THE WORK OF CITIZENS WITH/THROUGH GOVERNMENT690,210THE WORK OF CITIZENS WITH/THROUGH JOURNALISM40,590THE WORK OF CITIZENS WITH/THROUGH HIGHER ED456,040THE WORK OF CITIZENS WITH/THROUGH NONGOVERNMENTAL ORGANIZATIONS AND GRANTMAKERS34,531CITIZEN DIPLOMACY205,670MULTINATIONAL COLLABORATIVE RESEARCH958,612EXPLORATORY RESEARCH1,461,118COMMUNICATIONS1,257,443PERSONNEL AND TRUSTEE EXPENSES6,110,384FACILITIES AND GENERAL EXPENSES2,245,188
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Davies President & CEO | 45 | $377,276 | |
David Mathews President Emeritus | 45 | $366,360 | |
John Dedrick Evp & COO | 45 | $293,500 | |
Jack Harper VP & Treasurer | 45 | $283,500 | |
Maxine Thomas VP & General Counsel | 45 | $293,500 | |
Sherry Magill Board Chair | 1 | $21,500 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Every Voice Engaged | 12/30/22 | $367,500 |
National Issues Forum Institute | 12/30/22 | $215,000 |
Information Tech Partners Inc | 12/30/22 | $389,876 |
Public Agenda | 12/30/22 | $190,000 |
National Civic League | 12/30/22 | $184,200 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,453,900 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,072 |
| Total Revenue | $49,720,054 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,965,254 |
| Pension plans, employee benefits | $626,477 |
| Depreciation | $425,569 |
| Occupancy | $596,295 |
| Travel, conferences, and meetings | $125,207 |
| Printing and publications | $155,908 |
| Total operating and administrative expenses | $16,994,317 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $16,994,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $488,824 |
| Investments—mortgage loans | $0 |
| Investments—other | $118,001,509 |
| Other assets | $311,187 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,894,311 |