K A H R Foundation
- Assets
- $0.0
- Revenue
- $7.2m
- Investments
- $34.5m
- Employees
- 0
- Location
- Minnetrista, MN
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 43-2093439
Organization Overview
K A H R Foundation is located in Minnetrista, MN. The organization was established in 2006. 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. K A H R 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, K A H R Foundation generated $7.2m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $10.6m during the year ending 12/2021. While expenses have increased by 11.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, K A H R Foundation has awarded 193 individual grants totaling $33,763,545. 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 |
|---|---|---|---|
Jeannine Rivet President | 1 | $0 | |
Warren G Herreid II VP & Treasurer | 1 | $0 | |
Kerri Bawek Secretary | 1 | $0 | |
Erik Kolz Director | 1 | $0 | |
Nikki Herreid Ness Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,055,690 |
| Interest on Savings | $23 |
| Dividends & Interest | $1,722,959 |
| Profit on Inventory Sales | $0 |
| Other Income | $10 |
| Total Revenue | $7,211,734 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,034 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $268,825 |
| Contributions, gifts, grants paid | $10,304,630 |
| Total expenses and disbursements | $10,573,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,344 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,792,245 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, K A H R Foundation has awarded $10,040,789 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
985 KTIS RADIO PURPOSE: GENERAL SUPPORT | $25,000 |
ACCESSABILITY INC PURPOSE: PROJECT CONNECT | $40,000 |
AMERICAN LEGION FOUNDATION PURPOSE: LEGACY SCHOLARSHIP FUND | $5,000 |
BANYAN COMMUNITY PURPOSE: GENERAL SUPPORT | $20,000 |
BESTPREP MN BUSINESS VENTURE & TECHNOLOGY WORKSHOP PURPOSE: TECH/BUSINESS PROGRAMS | $60,000 |
BETHANY FELLOWSHIP PURPOSE: GENERAL SUPPORT | $209,669 |