Mikesell Family Foundation Inc
- Assets
- $342.5k
- Revenue
- $14.5k
- Investments
- $336.6k
- Employees
- 0
- Location
- Clearwater, KS
- Founding
- 05/2003
- Data as of
- 12/2022
- EIN
- 32-0072858
Organization Overview
Mikesell Family Foundation Inc is located in Clearwater, KS. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mikesell Family Foundation Inc 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, Mikesell Family Foundation Inc generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $36.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mikesell Family Foundation Inc has awarded 33 individual grants totaling $131,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kendall Mikesell President | 0 | $0 | |
Gregory L Mikesell Treasurer | 0 | $0 | |
Elaine Webb Director | 0 | $0 | |
William R Mcvey CFO | 0.5 | $0 | |
Edwin A Mikesell Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,656 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,816 |
| Capital Gain Net Income | $1,816 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,472 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $248 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,662 |
| Total operating and administrative expenses | $4,910 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $36,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,984 |
| 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 | $262,728 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $342,543 |
| 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, Mikesell Family Foundation Inc has awarded $27,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SUNFLOWER OUTREACH SERVICES INC PURPOSE: TO PROVIDE FUNDS TO ASSIST WITH OPERATIONS OF JOSEPH'S STOREHOUSE A THRIFT STORE | $1,500 |
LEGACY COMMUNITY FOUNDATION PURPOSE: $10,000 FOR COVID-19 EMERGENCY FUND, $1,000 FOR THE BARTLETT ARBORETUM AND $13,500 FOR BETTER TOGETHER FUND AT LEGACY COMMUNITY FOUNDATION. | $24,500 |
KANSAS SAMPLER FOUNDATION PURPOSE: SUPPORT CONTINUED RURAL DEVELOPMENT EFFORTS IN KANSAS | $1,000 |