Kevin Durant Charity Foundation
- Assets
- $727.3k
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 46-2353335
Organization Overview
Kevin Durant Charity Foundation is located in Miami, FL. The organization was established in 2013. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kevin Durant Charity 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, Kevin Durant Charity Foundation generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 58.1% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 41.8% 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 2016, Kevin Durant Charity Foundation has awarded 55 individual grants totaling $5,999,755. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE LIVES OF AT-RISK YOUTHS FROM AGES 6 TO 18 THROUGH EDUCATIONAL, ATHLETIC AND SOCIAL PROGRAM SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY GOODWILL: GRANTS WERE COMMITTED TO COVID-19 RELIEF EFFORTS ACROSS HOUSING, MEDICAL RELIEF, HOMELESSNESS ORGANIZATIONS, FOOD BANKS, FINANCIAL SUPPORT FOR LOW-INCOME FAMILIES, AND PANTRY BAG AND PPE DISTRIBUTIONS TO FAMILIES. IN ADDITION, GRANTS WERE MADE TO SUPPORT YOUTH SPORTS ORGANIZATIONS ACROSS THE UNITED STATES, AS WELL AS TO SUPPORT UNIVERSITY ATHLETICS, TO PROVIDE FUNDING TO ORGANIZATIONS COMMITTED TO SOCIAL AND RACIAL INJUSTICE AND FOR VICTIMS OF THE HELICOPTER ACCIDENT THAT LED TO THE DEATH OF KOBE BRYANT AND 8 OTHER PASSENGERS,
THE KEVIN DURANT CHARITY FOUNDATION PARTNERS WITH AND FUNDS COLLEGE TRACK, A RENOWNED COLLEGE COMPLETION PROGRAM THAT EMPOWERS STUDENTS FROM UNDERSERVED COMMUNITIES TO GRADUATE FROM COLLEGE. DURING 2020, THE FOUNDATION WELCOMES ITS INAUGURAL CLASS OF STUDENTS AND COMPLETED RENOVATING ITS EDUCATIONAL FACILITY. COLLEGE TRACK ENABLES STUDENTS TO GRADUATE FROM COLLEGE THRU THE USE OF THE DURANT CENTER, A NEW STATE OF THE ART EDUCATIONAL FACILITY IN SUITLAND, MD. 120+ STUDENTS ARE ENROLLED IN THE PROGRAM ANNUALLY. COLLEGE TRACK PROGRAM STUDENTS GRADUATE FROM COLLEGE AT A RATE THAT IS MORE THAN DOUBLE THE NATIONAL AVERAGE FOR LOW-INCOME AND FIRST-GENERATION STUDENTS.
TEAM DURANT YOUTH BASKETBALL: CREATED TO ENCOURAGE AND PROMOTE HIGH LEVEL YOUTH DEVELOPMENT BY PROVIDING EDUCATIONAL, ATHLETIC, AND PERSONAL GROWTH. TEAM DURANT FUNDS 18 BOYS AND GIRLS TEAMS.
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 |
|---|---|---|---|
Kevin Durant President | 1 | $0 | |
Richard Kleiman Vice President | 1 | $0 | |
Kashyap Bakhai Treasurer | 1 | $0 | |
Howard Hujsa Secretary | 1 | $0 | |
Jose Mena Manager | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,987,133 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,987,133 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $152 |
| Printing and publications | $0 |
| Other expenses | $936,553 |
| Total operating and administrative expenses | $954,370 |
| Contributions, gifts, grants paid | $1,496,531 |
| Total expenses and disbursements | $2,450,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,721 |
| 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 | $0 |
| Net Land, buildings, and equipment | $369,533 |
| Other assets | $0 |
| Total assets | $727,254 |
| Accounts payable and accrued expenses | $197,949 |
| 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 | $197,949 |
Grants Awarded
Over the last fiscal year, Kevin Durant Charity Foundation has awarded $1,496,531 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE TRACK PURPOSE: PROGRAM SUPPORT | $750,000 |
THE UNIVERSITY OF TEXAS PURPOSE: PROGRAM SUPPORT | $600,000 |
New York, NY PURPOSE: PROGRAM SUPPORT | $75,000 |
WORLD CENTRAL KITCHEN PURPOSE: PROGRAM SUPPORT | $15,750 |
MEDSHARE PURPOSE: PROGRAM SUPPORT | $15,630 |
AUSTIN STREET CENTER PURPOSE: PROGRAM SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kevin Durant Charity Foundation has recieved totaling $5,002.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,002 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kevin Durant Charity Foundation Miami, FL | $727,254 | $2,987,133 |
Orlando Magic Youth Foundation Inc Orlando, FL | $1,082,991 | $1,403,491 |
The Foundation For The Boys & Girls Clubs Inc Bradenton, FL | $14,306,410 | $643,670 |
Georginas Dream Foundation Inc Cooper City, FL | $1,658,262 | $1,142,949 |
Childrens Fund Foundation Inc Ashland, AL | $842,126 | $1,386,131 |
Mckenzie Noelle Wilson Foundation Ponte Vedra Beach, FL | $1,600,288 | $46,540 |
Atlanta Charity Clays Inc Atlanta, GA | $645,655 | $485,330 |
The Little Lighthouse Foundation Inc Miami, FL | $565,819 | $512,029 |
South Beach Seafood Festival Miami, FL | $397 | $131,758 |
Its 4 The Kids Miami, FL | $383,186 | $334,206 |
Lazydays Employee Foundation Inc Seffner, FL | $626,877 | $169,642 |
100 Plus Heartbeats For Patches Inc Miami, FL | $36,803 | $0 |