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.
For the year ending 12/2021, Kozmetsky Family Foundation generated $8.2m in total revenue. All expenses for the organization totaled $3.1m during the year ending 12/2021.
Since 2020, Kozmetsky Family Foundation has awarded 58 individual grants totaling $13,479,494. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
N/A
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 |
|---|---|---|---|
Lindsey Aylieff Program Officer | 40 | $84,122 | |
Chris Miller Trustee, Treasurer | 30 | $75,000 | |
Jami Hampton Senior Program Offic | 40 | $60,606 | |
Gregory A Kozmetsky Trustee, Vp, Vice Chair | 2 | $0 | |
Cynthia H Kozmetsky Trustee, Secretary | 2 | $0 | |
Sarah K Miller Trustee, President, Chair | 10 | $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 $4,858,717 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: SUPPORT CAPITAL CAMPAIGN FOR MCCOMBS SCHOOL OF BUSINESS MULVA HALL FACILITIES PROJECT | $2,000,000 |
CHILDREN'S MEDICAL CENTER FOUNDATION OF TEXAS PURPOSE: BOARD COLLECTIVE FOR PEDIATRIC MENTAL HEALTH INNOVATION CENTER | $500,000 |
AMERICAN AIRPOWER HERITAGE MUSEUM PURPOSE: SUPPORT STEM EDUCATION PROGRAMMING AT THE NATIONAL AVIATION CENTER | $200,000 |
GENESIS WOMEN'S SHELTER PURPOSE: CAPACITY BUILDING | $187,000 |
DELL CHILDREN'S FOUNDATION PURPOSE: 3T-MRI MACHINE | $175,000 |
Dallas, TX PURPOSE: REDISGN ALTERNATIVE EDUCATION IN FT. WORTH ISD | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |