Calvin A King And Jean C King Charitable Foundation Inc
- Assets
- $9.8m
- Revenue
- -$627.2k
- Investments
- $9.7m
- Employees
- 0
- Location
- Homosassa, FL
- Founding
- 10/2012
- Data as of
- 12/2022
- EIN
- 45-4080483
Organization Overview
Calvin A King And Jean C King Charitable Foundation Inc is located in Homosassa, FL. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Calvin A King And Jean C King Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Calvin A King And Jean C King Charitable Foundation Inc has awarded 29 individual grants totaling $2,360,685. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Bennett Treasurer | 16 | $35,000 | |
Ronald R Strohl President | 20 | $35,000 | |
James Turner Director | 10 | $20,000 | |
Kay E Strohl Director | 5 | $17,000 | |
Michelle S Marshall Director | 5 | $17,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,899 |
| Dividends & Interest | $230,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$875,984 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$627,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $124,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $9,947 |
| Interest | $0 |
| Taxes | $44,502 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,038 |
| Printing and publications | $0 |
| Other expenses | $3,573 |
| Total operating and administrative expenses | $291,664 |
| Contributions, gifts, grants paid | $475,000 |
| Total expenses and disbursements | $766,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,066 |
| Savings and temporary cash investments | $51,238 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,752,027 |
| 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 | $3,108 |
| Total liabilities | $3,108 |
Grants Awarded
Over the last fiscal year, Calvin A King And Jean C King Charitable Foundation Inc has awarded $475,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SHRINERS CHILDRENS HOSPITAL PURPOSE: GENERAL PURPOSES | $125,000 |
HABITAT FOR HUMANITY PURPOSE: GENERAL PURPOSES | $80,000 |
TENNESSEE SOCIETY OF CERTIFIED PURPOSE: GENERAL PURPOSES | $125,000 |
VFW POST 7105 PURPOSE: GENERAL PURPOSES | $25,000 |
CITRUS COUNTY CHILDRENS CENTER PURPOSE: GENERAL PURPOSES | $60,000 |
FORWARD PATH FOUNDATION PURPOSE: GENERAL PURPOSES | $60,000 |