Kavanagh Family Foundation
- Assets
- $5.4m
- Revenue
- $225.7k
- Investments
- $5.3m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 03/2009
- Data as of
- 12/2023
- EIN
- 37-1530850
Organization Overview
Kavanagh Family Foundation is located in New Orleans, LA. The organization was established in 2009. 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. Kavanagh Family 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 12/2023, Kavanagh Family Foundation generated $225.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $278.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Kavanagh Family Foundation has awarded 44 individual grants totaling $1,857,834. 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 |
|---|---|---|---|
Mark A Fullmer Secretary/director | 0 | $0 | |
Darren K Crumpton Director | 0 | $0 | |
William H Langenstein III Director | 0 | $0 | |
Dylan M Kavanagh President/director | 0 | $0 | |
Danielle H Kavanagh Treasurer/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $115,279 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $110,947 |
| Capital Gain Net Income | $110,947 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$490 |
| Total Revenue | $225,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,963 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,064 |
| Total operating and administrative expenses | $25,944 |
| Contributions, gifts, grants paid | $252,500 |
| Total expenses and disbursements | $278,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $92,680 |
| 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 | $873,654 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,416,720 |
| 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, Kavanagh Family Foundation has awarded $252,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CLEARWATER SANCTUARY PURPOSE: GENERAL ORGANIZATION SUPPORT | $7,500 |
YOUTH EMPOWERMENT PROJECT PURPOSE: GENERAL ORGANIZATION SUPPORT | $10,000 |
THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER PURPOSE: GENERAL ORGANIZATION SUPPORT | $200,000 |
DOODLE DANDY RESCUE PURPOSE: GENERAL ORGANIZATION SUPPORT | $17,500 |
NEW ORLEANS BALLET THEATRE PURPOSE: GENERAL ORGANIZATION SUPPORT | $17,500 |