Devore Foundation
- Assets
- $9.3m
- Revenue
- $705.8k
- Investments
- $8.8m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 03/1955
- Data as of
- 11/2022
- EIN
- 48-6109754
Organization Overview
Devore Foundation is located in Wichita, KS. The organization was established in 1955. 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. Devore 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 11/2022, Devore Foundation generated $705.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $565.7k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Devore Foundation has awarded 147 individual grants totaling $1,756,240. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William D Devore Pres Sec | 0 | $0 | |
Alta M Cooley-Devore V Pres Treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19,886 |
| Dividends & Interest | $130,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $519,203 |
| Capital Gain Net Income | $519,203 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $36,718 |
| Total Revenue | $705,807 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,904 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,854 |
| Total operating and administrative expenses | $67,603 |
| Contributions, gifts, grants paid | $498,050 |
| Total expenses and disbursements | $565,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,559 |
| Savings and temporary cash investments | $316,987 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $25 |
| Total assets | $9,299,030 |
| 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, Devore Foundation has awarded $498,050 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Wichita, KS PURPOSE: UNRESTRICTED | $175,000 |
Wichita, KS PURPOSE: UNRESTRICTED | $42,300 |
Wichita, KS PURPOSE: UNRESTRICTED | $30,000 |
KANSAS HEALTH SCIENCE CENTER PURPOSE: UNRESTRICTED | $30,000 |
BOTANICA - THE WICHITA GARDENS PURPOSE: UNRESTRICTED | $25,200 |
Wichita, KS PURPOSE: UNRESTRICTED | $25,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
Centene Charitable Foundation St Louis, MO | $259,102,242 | $5,821,965 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |