A H K Foundation is located in Barrington, IL. The organization was established in 1994. 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. A H K 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 06/2023, A H K Foundation generated $401.9k 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 (6.0%) each year. All expenses for the organization totaled $114.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, A H K Foundation has awarded 31 individual grants totaling $2,667,874. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerald Kehe President/director | 0.1 | $0 | |
Rebecca Holby Secretary/director | 0.1 | $0 | |
Janice Kehe Treasurer/director | 0.1 | $0 | |
Kimberly Roy Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $625,000 |
| Interest on Savings | $308 |
| Dividends & Interest | $49,968 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$275,211 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,846 |
| Total Revenue | $401,911 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2 |
| Taxes | $2,112 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,577 |
| Total operating and administrative expenses | $75,111 |
| Contributions, gifts, grants paid | $39,583 |
| Total expenses and disbursements | $114,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,703 |
| Savings and temporary cash investments | $1,137,259 |
| 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 | $498,913 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,186,979 |
| 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 |
Over the last fiscal year, A H K Foundation has awarded $39,583 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN OUTREACH FOR AFRICA PURPOSE: FUND SUSTAINABLE PROJECTS THAT GIVES IMPOVERISHED THE OPPORTUNITY TO CREATE A BETTER FUTURE. | $36,000 |
GRACE CHRISTIAN CENTRE TRUST PURPOSE: POVERTY RELIEF | $2,083 |
PARTNERS IN MISSION PURPOSE: AID MARGINALIZED CHILDREN OF UGANDA BY PROVIDING EDUCATION, COMMUNITY DEVELOPMENT, AND CHRISTIAN DISCIPLESHIP. | $1,500 |