John C Kulis Charitable Foundation is located in Naples, FL. The organization was established in 2014. 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. John C Kulis Charitable 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 12/2022, John C Kulis Charitable Foundation generated $290.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.2%) each year. All expenses for the organization totaled $979.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, John C Kulis Charitable Foundation has awarded 551 individual grants totaling $9,851,659. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE. THERE WERE NO DIRECT CHARITABLE ACTIVITIES IN 2022.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kirk President, D | 40 | $240,154 | |
Seth Goettelman Vice-Preside | 40 | $200,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $161,717 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $118,094 |
| Capital Gain Net Income | $118,094 |
| Net ST Capital Gain | $61,236 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,250 |
| Total Revenue | $290,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $440,154 |
| Other employee salaries and wages | $31,731 |
| Pension plans, employee benefits | $340,396 |
| Interest | $0 |
| Taxes | $3,814 |
| Depreciation | $0 |
| Occupancy | $6,780 |
| Travel, conferences, and meetings | $18,916 |
| Printing and publications | $0 |
| Other expenses | $113,523 |
| Total operating and administrative expenses | $974,525 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $979,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,087 |
| Savings and temporary cash investments | $478,648 |
| 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 | $8,704,616 |
| 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 | $282,543 |
| Total liabilities | $282,543 |
Over the last fiscal year, John C Kulis Charitable Foundation has awarded $73,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHEASTERN ILLINOIS UNIVERSITY PURPOSE: SCHOLARSHIP | $10,000 |
NORTHEASTERN ILLINOIS UNIVERSITY PURPOSE: SCHOLARSHIP | $5,000 |
NEPHON TSIMALIS PURPOSE: THEOLOGICAL SEMINARY | $3,000 |
UNIVERSITY OF ILLINOIS - CHAMPAIGN PURPOSE: SCHOLARSHIP | $10,000 |
UNIVERSITY OF ILLINOIS AT CHICAGO PURPOSE: SCHOLARSHIP | $5,000 |
UNIVERSITY OF ILLINOIS - CHAMPAIGN PURPOSE: SCHOLARSHIP | $10,000 |