Kozmetsky Family Foundation
- Assets
- $76.9m
- Revenue
- $8.2m
- Investments
- $58.1m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-2082155
Organization Overview
Kozmetsky Family Foundation is located in Dallas, TX. The organization was established in 2015. 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. Kozmetsky 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.
Since 2020, Kozmetsky Family Foundation has awarded 85 individual grants totaling $16,724,494. 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 Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory A Kozmetsky Trustee, Vp, Vice Chair | 2 | $0 | |
Cynthia H Kozmetsky Trustee, Secretary | 2 | $0 | |
Sarah K Miller Trustee, President, Chair | 10 | $0 | |
Chris Miller Trustee, Treasurer | 30 | $75,000 | |
Tracey D Kozmetsky Trustee | 2 | $0 | |
Aaron W Kozmetsky Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $288 |
| Dividends & Interest | $1,013,589 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,112,967 |
| Capital Gain Net Income | $7,462,652 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,084,792 |
| Total Revenue | $8,211,636 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $144,728 |
| Pension plans, employee benefits | $84,474 |
| Interest | $0 |
| Taxes | $1,606 |
| Depreciation | $682 |
| Occupancy | $3,681 |
| Travel, conferences, and meetings | $538 |
| Printing and publications | $0 |
| Other expenses | $22,857 |
| Total operating and administrative expenses | $453,387 |
| Contributions, gifts, grants paid | $2,654,870 |
| Total expenses and disbursements | $3,108,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,798,117 |
| Net Accounts receivable | $16,898,911 |
| 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 | $60,999 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $58,107,397 |
| Net Land, buildings, and equipment | $315 |
| Other assets | $0 |
| Total assets | $76,865,739 |
| Accounts payable and accrued expenses | $26,129 |
| Grants payable | $300,000 |
| 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 | $326,129 |
Grants Awarded
Over the last fiscal year, Kozmetsky Family Foundation has awarded $3,245,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
THE 19TH NEWS PURPOSE: GENERAL OPERATING | $100,000 |
DELL CHILDREN'S FOUNDATION PURPOSE: SUPPORT FOR KETOGENIC DIET THERAPIES IN THE TREATMENT OF DRUG-RESISTANT EPILEPSY | $50,000 |
JUST COMMUNITY PURPOSE: SUPPORT TO HIRE A CFO TO BUILD AGENCY'S CAPACITY TO SERVE LOW-INCOME ENTREPRENEURS IN NORTH AND CENTRAL TEXAS | $100,000 |
WONDERS & WORRIES PURPOSE: ILLNESS EDUCATION AND COPING SUPPORT FOR CENTRAL TEXAS FAMILIES | $60,000 |
THE CRYSTAL CHARITY BALL PURPOSE: SUPPORT FOR NEWBI (NEURO WELLNESS IN BRAINS OF INFANTS): EXPANDING THE NEURONATAL NEUROLOGY INTENSIVE CARE PROGRAM AT SOUTHWESTERN MEDICAL FOUNDATION | $75,000 |
ARK HOUSE FOUNDATION PURPOSE: GENERAL OPERATING | $40,000 |