Kroger Co Foundation
- Assets
- $114.0m
- Revenue
- $2.1m
- Investments
- $112.3m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 07/1987
- Data as of
- 01/2024
- EIN
- 31-1192929
Organization Overview
Kroger Co Foundation is located in Cincinnati, OH. The organization was established in 1987. 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. Kroger Co 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 01/2024, Kroger Co Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $8.1m during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Kroger Co Foundation has awarded 4,361 individual grants totaling $89,710,755. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AWARDED TO SUPPORT HUNGER RELIEF, SUSTAINABILITY, DIVERSITY AND INCLUSION INITIATIVES, HEALTH AND NUTRITION, EDUCATION AND LOCAL GRASSROOTS ORGANIZATIONS.
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 |
|---|---|---|---|
Keith Dailey President & Director | 0 | $0 | |
Jody Kalmbach Director | 0 | $0 | |
Colleen Lindholz Secretary & Director | 0 | $0 | |
Tim Massa Vice President & Director | 0 | $0 | |
Jamie Carr Foundation Program Manager | 15 | $0 | |
Patty Leesemann Executive Director | 10 | $159,632 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,913,026 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,558,794 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $770,335 |
| Total Revenue | $2,149,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $264,053 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $606,375 |
| Total operating and administrative expenses | $1,117,223 |
| Contributions, gifts, grants paid | $6,936,688 |
| Total expenses and disbursements | $8,053,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,690,451 |
| 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 | $86,857,022 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $114,036,060 |
| 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, Kroger Co Foundation has awarded $6,936,688 in support to 306 organizations.
| Grant Recipient | Amount |
|---|---|
6888 KITCHEN INCUBATOR PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $55,000 |
A NEW LEAF PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $10,000 |
A PRECIOUS CHILD INC PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $10,000 |
ALAMEDA COUNTY COMMUNITY FOOD BANK PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $5,000 |
AGUA FRIA FOOD AND CLOTHING BANK PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $10,000 |
ALBUQUERQUE MEALS ON WHEELS PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $15,000 |