Kalele Foundation
- Assets
- $187.5k
- Revenue
- $1.7k
- Investments
- $171.6k
- Employees
- 0
- Location
- Los Altos Hills, CA
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 47-0853949
Organization Overview
Kalele Foundation is located in Los Altos Hills, CA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kalele 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 12/2023, Kalele Foundation generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (43.4%) each year. All expenses for the organization totaled $13.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Ciesinski President | 2 | $0 | |
Stephen Ciesinski Secretary | 1 | $0 | |
Diane Ciesinski Director | 1 | $0 | |
Stephen Ciesinski Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $1 |
| Dividends & Interest | $5,438 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,220 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $284 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $165 |
| Total operating and administrative expenses | $2,862 |
| Contributions, gifts, grants paid | $10,310 |
| Total expenses and disbursements | $13,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,885 |
| 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 | $171,604 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $187,489 |
| 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 | $1,887 |
| Total liabilities | $1,887 |
Grants Awarded
Over the last fiscal year, Kalele Foundation has awarded $10,310 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DARAJA ACADEMY PURPOSE: PROVIDES SECONDARY EDUCATION TO GIRLS WHO HAVE NO OTHER MEANS OF CONTINUING SCHOOL.PROVIDES SUPPORT FOR PROGRAMS THAT HELP BUILD SELF ESTEEM IN YOUNG PEOPLE. | $210 |
HELP ONE CHILD PURPOSE: PROVIDE YOUTH SUPPORT FOR CHALLENGED TEENS. | $500 |
HIDDEN VILLA PURPOSE: SUMMER CAMP FOR DISADVANTED YOUTH. | $2,500 |
OKIZU FOUNDATION PURPOSE: TO HELP FAMILIES AFFECTED BY CHILDHOOD CANCER. | $500 |
WE GIVE ALL PURPOSE: PROVIDING LIFE CHANGING HUMANITARIAN SERVICE AROUND THE WORLD. | $500 |
LUCILE PACKARD FOUNDATION PURPOSE: PROGRAM FOR CHILDEN WITH SPECIAL HEALTH CARE NEEDS. | $6,000 |