Connecting Kids Heart 2 Heart Foundation
- Assets
- $12.8m
- Revenue
- $394.6k
- Investments
- $12.2m
- Employees
- 0
- Location
- Westlake Village, CA
- Founding
- 03/2002
- Data as of
- 09/2023
- EIN
- 33-0939709
Organization Overview
Connecting Kids Heart 2 Heart Foundation is located in Westlake Village, CA. The organization was established in 2002. 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. Connecting Kids Heart 2 Heart 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 09/2023, Connecting Kids Heart 2 Heart Foundation generated $394.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $584.4k during the year ending 09/2023. While expenses have increased by 21.9% 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, Connecting Kids Heart 2 Heart Foundation has awarded 53 individual grants totaling $1,846,300. 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 |
|---|---|---|---|
Gillian Kaltman President | 0 | $0 | |
Ryan Kaltman CFO | 0 | $0 | |
Kristy Kaltman Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,765 |
| Interest on Savings | $2,366 |
| Dividends & Interest | $155,277 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $229,096 |
| Capital Gain Net Income | $20,838 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,100 |
| Total Revenue | $394,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,428 |
| Depreciation | $11,700 |
| Occupancy | $6,765 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $893 |
| Total operating and administrative expenses | $63,253 |
| Contributions, gifts, grants paid | $521,100 |
| Total expenses and disbursements | $584,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,244 |
| Savings and temporary cash investments | $75,524 |
| 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 | $10,487,805 |
| Net Land, buildings, and equipment | $401,400 |
| Other assets | $0 |
| Total assets | $12,821,824 |
| 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, Connecting Kids Heart 2 Heart Foundation has awarded $521,100 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
COMMON PEACE PURPOSE: PROMOTE PRACTICE OF NONVIOLENCE | $10,000 |
MUSEUM OF TOLERANCE PURPOSE: EDUCATIONAL MUSEUM | $50,000 |
SOUTHERN POVERTY LAW CENTER PURPOSE: FIGHT RACIAL DISCRIMINATION | $100,000 |
HAND IN HAND AMERICAN PURPOSE: TO CREATE A SHARED SOC IN ISRAEL | $100,000 |
HOLOCAUST MEMORIAL MUSEUM PURPOSE: EDUCATION MUSEUM | $50,000 |
WORLD JEWISH CONGRESS PURPOSE: FOSTER UNITY OF THE JEWISH PEOPLE | $20,000 |