Kim Foundation
- Assets
- $13.4m
- Revenue
- $1.4m
- Investments
- $12.9m
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 05/2001
- Data as of
- 12/2021
- EIN
- 47-0837377
Organization Overview
Kim Foundation is located in Omaha, NE. The organization was established in 2001. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kim 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, Kim Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 17.5% 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, Kim Foundation has awarded 171 individual grants totaling $4,820,451. 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 |
|---|---|---|---|
Mark Wolf Board Member | 1 | $0 | |
Kathleen A Courtnage Vice President/secretary | 1 | $0 | |
Vicki F Witkovski Treasurer | 1 | $0 | |
Craig Wolf Board Member | 1 | $0 | |
Larry J Courtnage President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $320,730 |
| Interest on Savings | $658 |
| Dividends & Interest | $463,130 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $578,962 |
| Capital Gain Net Income | $578,962 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $789 |
| Total Revenue | $1,364,269 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $256,109 |
| Pension plans, employee benefits | $47,399 |
| Interest | $94 |
| Taxes | $67,437 |
| Depreciation | $0 |
| Occupancy | $6,408 |
| Travel, conferences, and meetings | $521 |
| Printing and publications | $40,336 |
| Other expenses | $273,156 |
| Total operating and administrative expenses | $752,310 |
| Contributions, gifts, grants paid | $785,500 |
| Total expenses and disbursements | $1,537,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,437 |
| Savings and temporary cash investments | $271,058 |
| 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 | $12,877,373 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $471 |
| Total assets | $13,392,339 |
| Accounts payable and accrued expenses | $1,947 |
| 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 | $1,947 |
Grants Awarded
Over the last fiscal year, Kim Foundation has awarded $785,500 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
Omaha, NE PURPOSE: PEER SUPPORT IN SHELTERS | $77,500 |
Omaha, NE PURPOSE: ZERO SUICIDE TRAINING FOR STAFF | $50,000 |
Omaha, NE PURPOSE: SCHOOL BASED MENTAL HEALTH SERVICES | $50,000 |
METHODIST HOSPITAL FOUNDATION PURPOSE: SCHOOL BASED MENTAL HEALTH SERVICES | $50,000 |
CAROLE'S HOUSE OF HOPE PURPOSE: MENTAL HEALTH THERAPY FOR RESIDENTS | $40,000 |
Lincoln, NE PURPOSE: SUPPORT MENTAL HEALTH AWARENESS WEEK | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kim Foundation has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Amy L Scott Family Foundation Omaha, NE PURPOSE: PROGRAM SUPPORT | $10,000 |
Dorothy B Davis Foundation Omaha, NE PURPOSE: SUICIDE PREVENTION | $5,000 |
Holland Foundation Omaha, NE PURPOSE: OPERATING | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Net Foundation For Television Lincoln, NE | $25,243,567 | $5,881,957 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Kim Foundation Omaha, NE | $13,392,339 | $1,364,269 |
Redbud Foundation Topeka, KS | $13,980,299 | $14,104,221 |
Community Capital Fund Kansas City, MO | $1,497,991 | $1,400,960 |
Heritage Services Omaha, NE | $5,191,570 | $1,133,044 |
Fox Family Foundation Denver, CO | $12,191,378 | $91,435 |
Boulder County Arts Alliance Inc Boulder, CO | $1,719,449 | $738,914 |
Sidney & Bobette Guller Family Foundation Chesterfield, MO | $4,106,715 | $2,073,886 |
Omaha Philanthropic Trust Omaha, NE | $1,425,885 | $60,183 |
Topeka Symphony Society Topeka, KS | $1,624,478 | $500,770 |