Tension Envelope Foundation
- Assets
- $584.4k
- Revenue
- $276.7k
- Investments
- $580.6k
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 12/1956
- Data as of
- 11/2023
- EIN
- 44-6012554
Organization Overview
Tension Envelope Foundation is located in Kansas City, MO. The organization was established in 1956. 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. Tension Envelope 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 11/2023, Tension Envelope Foundation generated $276.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $244.4k during the year ending 11/2023. While expenses have increased by 9.6% per year over the past 7 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 2015, Tension Envelope Foundation has awarded 53 individual grants totaling $1,830,060. 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 |
|---|---|---|---|
Richard L Berkley Ofcr | 0 | $0 | |
Eb Berkley Ofcr | 0 | $0 | |
William Berkley Ofcr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $245,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,131 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,044 |
| Capital Gain Net Income | $28,044 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $276,675 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,570 |
| Total operating and administrative expenses | $16,564 |
| Contributions, gifts, grants paid | $227,816 |
| Total expenses and disbursements | $244,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,803 |
| Savings and temporary cash investments | $0 |
| 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 | $580,480 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $584,375 |
| 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 | $57 |
| Total liabilities | $57 |
Grants Awarded
Over the last fiscal year, Tension Envelope Foundation has awarded $227,816 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS - SEE ATTACHED PURPOSE: ALL GRANTS WERE PAID IN SUPPORT THE ARTS. NAMES AND ADDRESS OF EACH ORGANIZATION ARE AVAILABLE UPON REQUEST. | $3,750 |
COMMUNITY - SEE ATTACHED PURPOSE: ALL GRANTS WERE PAID TO ORGANIZATIONS THAT BENEFIT THE COMMUNITIES IN WHICH THEY SERVE. NAMES AND ADDRESS OF EACH ORGANIZATION TO WHICH A CONTRIBUTION WAS MADE ARE AVAILABLE UPON REQUEST. | $45,041 |
EDUCATION - SEE ATTACHED PURPOSE: ALL GRANTS WERE PAID TO ORGANIZATIONS THAT PROMOTE EDUCATION AND HIGHER LEARNING. NAMES AND ADDRESS OF EACH ORGANIZATION ARE AVAILABLE UPON REQUEST. | $21,200 |
JEWISH - SEE ATTACHED PURPOSE: ALL GRANTS WERE PAID TO ORGANIZATIONS IN WHICH THE JEWISH FAITH IS SUPPORTED. NAMES AND ADDRESS OF EACH ORGANIZATION ARE AVAIALBE UPON REQUEST. | $58,000 |
UNITED WAY - SEE ATTACHED PURPOSE: ALL GRANTS WERE PAID TO THE UNITED WAY TO ASSIST IN THE COMMUNITIES IN WHICH THEY SERVE. NAMES AND ADDRESS' ARE AVAILABLE UPON REQUEST. | $58,825 |
SCHOLARSHIPS - SEE ATTACHED PURPOSE: ALL GRANTS WERE PAID TO INSTITUTIONS OF HIGHER LEARNING. NAMES AND ADDRESS' ARE AVAILABLE UPON REQUEST. | $30,000 |