T-Serve Foundation is located in Leawood, KS. 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. T-Serve 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, T-Serve Foundation generated $130.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $149.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, T-Serve Foundation has awarded 70 individual grants totaling $824,330. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Toughey Trustee | 0 | $0 | |
Karen C Toughey Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,324 |
| Dividends & Interest | $35,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,326 |
| Capital Gain Net Income | $106,486 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $130,361 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $366 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,519 |
| Total operating and administrative expenses | $10,885 |
| Contributions, gifts, grants paid | $138,230 |
| Total expenses and disbursements | $149,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4 |
| Savings and temporary cash investments | $51,661 |
| 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 | $2,128,158 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,179,823 |
| 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 | $0 |
| Total liabilities | $0 |
Over the last fiscal year, T-Serve Foundation has awarded $138,230 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITYLINC PURPOSE: ENDING HOMELESSNESS | $32,000 |
HILLCREST HOPE PURPOSE: HELP FAMILIES IN NEED | $20,730 |
KIDSTLC INC PURPOSE: TRANSFORMING LIVES IN OUR COMMUNITY | $30,000 |
LAKEMARY CENTER ENDOWMENT ASSOC PURPOSE: TEACH & HEAL CHILDREN W/ DISABILITY | $30,500 |
UNITED WAY PURPOSE: HEALTH, EDUCATION AND FINANCIAL STAB | $15,000 |
GIFT OF LIFE PURPOSE: ORGAN TRANSPLANTS | $10,000 |