Herbert H Kohl Charities Inc
- Assets
- $0.0
- Revenue
- $4.4m
- Investments
- $18.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 06/1978
- Data as of
- 06/2022
- EIN
- 39-1300476
Organization Overview
Herbert H Kohl Charities Inc is located in Milwaukee, WI. The organization was established in 1978. 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. Herbert H Kohl Charities Inc 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 06/2022, Herbert H Kohl Charities Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $12.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Herbert H Kohl Charities Inc has awarded 3,033 individual grants totaling $58,530,891. 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:
HERBERT H. KOHL CHARITIES, INC. IS ORGANIZED AND OPERATED TO MAKE CASH DONATIONS TO QUALIFYING PUBLIC CHARITIES. THE FOUNDATION DOES NOT ENGAGE IN ANY OTHER DIRECT CHARITABLE
ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herbert H Kohl President/dir. | 0.5 | $0 | |
Charles Pruitt Director | 0 | $0 | |
Joanne Anton Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Colonial Consulting Llc | 6/29/19 | $115,015 |
Bmo Financial Group | 6/29/19 | $44,928 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,548 |
| Dividends & Interest | $70,931 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,350 |
| Total Revenue | $4,430,173 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $131,735 |
| Contributions, gifts, grants paid | $12,030,267 |
| Total expenses and disbursements | $12,162,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $17,997,995 |
| Other assets | $4,500 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Herbert H Kohl Charities Inc has awarded $9,663,157 in support to 354 organizations.
| Grant Recipient | Amount |
|---|---|
ACTS HOUSING PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $15,000 |
AFRICAN AMERICAN LEADERSHIP ALLIANCE PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $20,000 |
ALL-IN MILWAUKEE PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $25,000 |
AMERICAN LEGION AUXILIARY - UNIT 38 PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $200 |
AMERICAN LEGION AUXILIARY - UNIT 82 PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $250 |
A NEW WAY PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $250 |