The Kemper Foundation is located in Chicago, IL. The organization was established in 1943. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kemper 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 12/2022, Kemper Foundation generated $1.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Kemper Foundation has awarded 191 individual grants totaling $4,867,919. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
THROUGH COMMUNITY OUTREACH AND FINANCIAL SUPPORT, THE KEMPER FOUNDATION AIMS TO STRENGTHEN COMMUNITIES TO MAKE A MEANINGFUL DIFFERENCE IN PEOPLE'S LIVES. THE FOUNDATION SUPPORTS CAUSES AND NON-PROFIT ORGANIZATIONS ADVANCING THE THREE FOCUS AREAS OF EDUCATION, HEALTH AND COMMUNITY DEVELOPMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Lacher Chairman | 5 | $0 | |
Jim Mckinney Trustee | 5 | $0 | |
Charles Brooks Trustee | 5 | $0 | |
C Thomas Evans Trustee | 5 | $0 | |
John M Boschelli Trustee | 5 | $0 | |
Ismat Aziz Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $354,799 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $667,965 |
| Capital Gain Net Income | $667,965 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,022,764 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $228 |
| Interest | $0 |
| Taxes | $16,000 |
| Depreciation | $0 |
| Occupancy | $2,936 |
| Travel, conferences, and meetings | $6,198 |
| Printing and publications | $0 |
| Other expenses | $109,675 |
| Total operating and administrative expenses | $351,754 |
| Contributions, gifts, grants paid | $1,089,406 |
| Total expenses and disbursements | $1,441,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $772,174 |
| 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 | $6,378 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $42,017,886 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $42,796,438 |
| Accounts payable and accrued expenses | $104,354 |
| Grants payable | $2,195,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,741 |
| Total liabilities | $2,301,095 |
Over the last fiscal year, The Kemper Foundation has awarded $2,274,431 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
116TH ST ELEMENTARY SCHOOL PURPOSE: FALL 2022 READ CONMIGO GRANT | $3,000 |
ACCELERATED CHARTER ELEMENTARY SCHOOL PURPOSE: FALL 2022 READ CONMIGO GRANT | $1,700 |
AMERICAN CANCER SOCIETY PURPOSE: RMWP CAMPAIGN | $1,055 |
AMERICAN CANCER SOCIETY PURPOSE: 2022 PARTNERSHIP | $92,200 |
AMERICAN HEART ASSOCIATION PURPOSE: 2022 HEART WALKS | $115,488 |
BAYLOR COLLEGE OF MEDECINE PURPOSE: IN MEMORY OF FAYEZ SAROFIM | $5,000 |