Key Charitable Trust
- Assets
- $2.3m
- Revenue
- $80.6k
- Investments
- $1.8m
- Employees
- 0
- Location
- Fort Scott, KS
- Founding
- 01/1961
- Data as of
- 12/2023
- EIN
- 48-6107304
Organization Overview
Key Charitable Trust is located in Fort Scott, KS. The organization was established in 1961. 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. Key Charitable Trust 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, Key Charitable Trust generated $80.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $182.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Key Charitable Trust has awarded 102 individual grants totaling $1,472,059. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH MINISTRIES OF BOURBON COUNTY PROVIDES A SAFE ENVIRONMENT AND ACTIVITIES FOR AREA YOUTH.
FIRST PRESBYTERIAN CHURCH FORT SCOTT KS IS A LOCAL CHURCH.
BOURBON COUNTY INTER-AGENCY COALITION PROVIDES EDUCATIONAL AND FINANCIAL ASSISTANCE TO UNDERSERVED RESIDENTS OF BOURBON COUNTY KS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William K Pollock Trustee | 1 | $0 | |
Aileen C Pollock Trustee | 1 | $0 | |
Penny Pollock-Barnes Trustee | 5 | $6,000 | |
Heather Maldonado Trustee | 5 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,299 |
| Dividends & Interest | $60,032 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,125 |
| Capital Gain Net Income | $8,487 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,095 |
| Total Revenue | $80,551 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,734 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $288 |
| Total operating and administrative expenses | $15,758 |
| Contributions, gifts, grants paid | $166,500 |
| Total expenses and disbursements | $182,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$33,684 |
| Savings and temporary cash investments | $150,115 |
| 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 | $1,147,719 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $439,220 |
| Total assets | $2,329,529 |
| 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 |
Grants Awarded
Over the last fiscal year, Key Charitable Trust has awarded $166,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BOURBON CO INTER-AGENGY COALITION PURPOSE: DONATION | $6,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: DONATION | $104,500 |
YOUTH MINISTRIES OF BOURBON COUNTY PURPOSE: DONATION | $25,000 |
PITTSBURG STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $8,000 |
KANSAS CITY SYMPHONY PURPOSE: DONATION | $5,000 |
FORT SCOTT COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $6,000 |