Kinship Foundation
- Assets
- $510.5k
- Revenue
- $698.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 36-4056831
Organization Overview
Kinship Foundation is located in Madison, WI. The organization was established in 1996. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kinship 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, Kinship Foundation generated $698.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $1.2m 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
ADMINISTRATIVE SUPPORT TO THE CHICAGO COMMUNITY TRUST FOR ITS SCHOLARS PROGRAM TO SUPPORT RESEARCH IN SCIENTIFIC FIELDS AND COMMUNICATION CONFERENCES AMONG
SCHOLARS. FIFTEEN SCHOLARS CURRENTLY PARTICIPATE IN THE COMMUNITY TRUST'S PROGRAM.
GRANT-MAKING PROGRAM DESIGNED TO EDUCATE AND TRAIN CONSERVATION LEADERS.
ADMINISTRATIVE GRANT SUPPORT TO THE CHICAGO COMMUNITY TRUST
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 |
|---|---|---|---|
Renee G Michaels Secretary/exec Director (1/1 - 7/31) | 40 | $189,905 | |
Lara Pruitt Director Of Educatio | 40 | $142,712 | |
Lenore Beyer Director Of Conserva | 40 | $142,414 | |
Angel Gibson Secretary/exec Director (8/23 - 12/31) | 40 | $94,577 | |
Paul D Thomson Director | 1 | $0 | |
Karie D Thomson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $695,000 |
| Interest on Savings | $456 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,500 |
| Total Revenue | $697,956 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $284,482 |
| Other employee salaries and wages | $400,446 |
| Pension plans, employee benefits | $166,305 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $18,328 |
| Printing and publications | $0 |
| Other expenses | $290,441 |
| Total operating and administrative expenses | $1,206,500 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,206,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $510,519 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $510,519 |
| 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 | $1,858 |
| Total liabilities | $1,858 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kinship Foundation has recieved totaling $775,000.
| Awarding Organization | Amount |
|---|---|
The Chicago Community Trust Chicago, IL PURPOSE: TO SUPPORT SEARLE SCHOLARS PROGRAM, AND GENERAL OPERATING SUPPORT | $775,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bcmw Community Services Centralia, IL | $5,070,434 | $12,817,293 |
Minnesota Council On Foundations Minneapolis, MN | $1,698,240 | $7,242,767 |
Connect Detroit Detroit, MI | $1,231,403 | $6,855,540 |
Ruminco Ltd Minneapolis, MN | $62,223,712 | $7,052,376 |
Alliance Of Local Service Organizations Chicago, IL | $1,821,050 | $5,596,702 |
Search Institute Minneapolis, MN | $10,519,414 | $10,517,632 |
Accounting Aid Society Detroit, MI | $2,238,515 | $3,274,275 |
Embrace Living Communities Oak Brook, IL | $5,421,224 | $1,916,839 |
West Central Illinois Valley Regional Planning Commission Carlinville, IL | $116,734 | $1,781,483 |
Community Of Peace Building Company St Paul, MN | $17,498,169 | $1,436,316 |
Utopia Foundation Inc Traverse City, MI | $1,272,208 | $1,071,851 |
Kinship Foundation Madison, WI | $510,519 | $697,956 |