Kyle J And Sharon Krause Family Foundation
- Assets
- $6.4m
- Revenue
- $194.9k
- Investments
- $6.3m
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-2098909
Organization Overview
Kyle J And Sharon Krause Family Foundation is located in Des Moines, IA. The organization was established in 2014. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kyle J And Sharon Krause 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 12/2021, Kyle J And Sharon Krause Family Foundation generated $194.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.2%) each year. All expenses for the organization totaled $792.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kyle J And Sharon Krause Family Foundation has awarded 379 individual grants totaling $2,996,218. 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 |
|---|---|---|---|
Kyle J Krause President/treasurer | 1 | $0 | |
Sharon S Krause Vice President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $62 |
| Dividends & Interest | $172,086 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,783 |
| Capital Gain Net Income | $2,783 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,006 |
| Total Revenue | $194,937 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,561 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$12 |
| Total operating and administrative expenses | $10,669 |
| Contributions, gifts, grants paid | $782,135 |
| Total expenses and disbursements | $792,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $175,355 |
| 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 | $5,252,367 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,441,732 |
| 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, Kyle J And Sharon Krause Family Foundation has awarded $779,635 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
Des Moines, IA PURPOSE: COMMUNITY BETTERMENT | $423,567 |
Des Moines, IA PURPOSE: ENVIRONMENTAL | $194,900 |
Washington, DC PURPOSE: COMMUNITY BETTERMENT | $25,000 |
NATIONAL GALLERY OF ART PURPOSE: ARTS, CULTURE, HUMANITIES | $19,720 |
DALLA TERRA RANCH FOUNDATION PURPOSE: COMMUNITY BETTERMENT | $17,500 |
Des Moines, IA PURPOSE: COMMUNITY BETTERMENT | $12,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Books For Africa Inc St Paul, MN | $13,734,656 | $31,917,470 |
Water Org Inc Kansas City, MO | $22,420,171 | $19,027,906 |
The Global Foodbanking Network Chicago, IL | $18,753,140 | $16,426,499 |
Global Health Ministries Minneapolis, MN | $6,370,809 | $5,877,190 |
Common Hope Inc Saint Paul, MN | $9,018,791 | $5,078,357 |
Outreach International Kansas City, MO | $4,310,238 | $3,767,343 |
New Vision Foundation St Paul, MN | $1,210,057 | $3,502,088 |
Waterequity Inc Kansas City, MO | $22,174,909 | $3,748,536 |
Outreach Inc Union, IA | $5,436,657 | $3,524,242 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Maestro Cares Foundation Chicago, IL | $6,243,515 | $3,094,225 |
The Human Development Foundation Of North America Oak Brook, IL | $4,594,028 | $2,738,864 |