Kansas Masonic Foundation Inc
- Assets
- $26.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 3
- Location
- Topeka, KS
- Founding
- 12/1966
- Data as of
- 03/2022
- EIN
- 48-6127355
Organization Overview
Kansas Masonic Foundation Inc is located in Topeka, KS. The organization was established in 1966. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. As of 03/2022, Kansas Masonic Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas Masonic Foundation Inc 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 03/2022, Kansas Masonic Foundation Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $2.7m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kansas Masonic Foundation Inc has awarded 26 individual grants totaling $2,476,335. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND EXPAND MASONIC PHILANTHROPY TO CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL HIGH SCHOOL BAND CAMP STUDENTS ARE SPONSORED BY LOCAL LODGES ACROSS KANSAS AND COORDINATED BY THE KANSAS SHRINE BOWL. LOCAL LODGES PAY A FEE FOR EACH STUDENT (NO COST TO THE STUDENT). THE BAND CAMP PROGRAM HAS BEEN RECOGNIZED AND HAS BEEN COPIED BY OTHER STATES. THE ADMINISTRATION OF THE CAMP IS NOW HANDLED BY THE KANSAS SHRINE BOWL AND THE KANSAS MASONIC FOUNDATION SUPPORTS THE CAMP THROUGH A GRANT TO THE KANSAS SHRINE BOWL TO HELP DEFRAY THE COSTS.
ASSIST THOSE IN NEED BY PROVIDING SCHOLARSHIPS. THE GRANTS RELATED TO SCHOLARSHIPS WERE PAID TO INDIVIDUALS AND WERE INCLUDED IN THE AUDITED PROGRAM EXPENSE OF CONTRIBUTIONS, GRANTS, AND SCHOLARSHIPS.
OTHER CHARITABLE ACTIVITIES CONSISTENT WITH THE KANSAS MASONIC FOUNDATION'S MISSION TO ENCOURAGE AND EXPAND MASONIC PHILANTHROPY TO CHARITABLE, EDUCATIONAL AND SCIENTIFIC PROGRAMS. THE GRANTS RELATED TO CHARITABLE, EDUCATIONAL AND SCIENTIFIC PROGRAMS ARE PAID TO ORGANIZATIONS AND INCLUDED THE AUDITED PROGRAM EXPENSE OF 50TH ANNIVERSARY PAYMENTS TO UNIVERSITIES AND CONTRIBUTIONS, GRANTS, AND SCHOLARSHIPS LESS THE SCHOLARSHIPS PAID TO INDIVIDUALS NOTED ABOVE IN 4B.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Shively Executive Di | Officer | 40 | $150,000 |
Bradley T Koehn Secretary/tr | OfficerTrustee | 2 | $0 |
Robert F Nelson President | OfficerTrustee | 2 | $0 |
Lincoln L Wilson Jr Executive VP | OfficerTrustee | 2 | $0 |
Jonathan W Mcconnell Vice Preside | OfficerTrustee | 2 | $0 |
David R Cross Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $400,378 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $400,378 |
| Total Program Service Revenue | $0 |
| Investment income | $269,251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $804,683 |
| Net Income from Fundraising Events | $241,601 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,755,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $825,000 |
| Grants and other assistance to domestic individuals. | $1,100,690 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,999 |
| Compensation of current officers, directors, key employees. | $85,227 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,613 |
| Pension plan accruals and contributions | $19,758 |
| Other employee benefits | $25,742 |
| Payroll taxes | $20,231 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $64,852 |
| Fees for services: Other | $42,189 |
| Advertising and promotion | $6,854 |
| Office expenses | $55,720 |
| Information technology | $43,720 |
| Royalties | $0 |
| Occupancy | $19,282 |
| Travel | $55,829 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,590 |
| Insurance | $0 |
| All other expenses | $29,606 |
| Total functional expenses | $2,669,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $930,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $464,674 |
| Accounts receivable, net | $121,185 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $276,539 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $93,257 |
| Net Land, buildings, and equipment | $6,531 |
| Investments—publicly traded securities | $23,875,524 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $449,689 |
| Total assets | $26,217,851 |
| Accounts payable and accrued expenses | $82,900 |
| Grants payable | $0 |
| Deferred revenue | $7,967 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,904,372 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,845,890 |
| Total liabilities | $5,841,129 |
| Net assets without donor restrictions | $10,495,160 |
| Net assets with donor restrictions | $9,881,562 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,217,851 |
Grants Awarded
Over the last fiscal year, Kansas Masonic Foundation Inc has awarded $825,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Manhattan, KS PURPOSE: KS PRIDE EXCELLENCE | $200,000 |
KANSAS MASONIC LITERACY CENTEREMPORIA STATE UNIVERSITY PURPOSE: LITERACY CENTER | $200,000 |
Manhattan, KS PURPOSE: KS ENTREPRENEURSHIP | $150,000 |
Manhattan, KS PURPOSE: MILITARY AND VETERAN | $150,000 |
Hays, KS PURPOSE: SPEECH HEARING & LAN | $50,000 |
Tampa, FL PURPOSE: CHILDREN HEALTHCARE | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kansas Masonic Foundation Inc has recieved totaling $340.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $340 |
Endowment Analysis
| Beg. Balance | $10,075,599 |
| Earnings | $467,162 |
| Net Contributions | $9,135 |
| Grants | $154,337 |
| Ending Balance | $10,397,559 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas Masonic Foundation Inc Topeka, KS | $26,217,851 | $1,755,972 |
Cerebral Palsy Research Endowment Association Wichita, KS | $33,739,103 | $2,585,544 |
Copic Medical Foundation Denver, CO | $22,762,138 | $1,084,762 |
Wings Of Hope For Pancreatic Cancer Research Castle Pines, CO | $147,426 | $438,027 |
William C Kuzell Foundation Englewood, CO | $765,876 | $119,266 |
Iaslc Foundation Denver, CO | $0 | $0 |