Janis & Milly Kahvush Educational & Cultural Trust is located in Scottsdale, AZ. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Janis & Milly Kahvush Educational & Cultural 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 06/2022, Janis & Milly Kahvush Educational & Cultural Trust generated $1.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $328.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Janis & Milly Kahvush Educational & Cultural Trust has awarded 48 individual grants totaling $426,643. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS AND GRANTS FOR CHARITABLE PURPOSES
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $103,086 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $413 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,093 |
| Contributions, gifts, grants paid | $321,562 |
| Total expenses and disbursements | $328,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, Janis & Milly Kahvush Educational & Cultural Trust has awarded $321,562 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ZIGRIDA GRINFOLA PURPOSE: ELDER CARE | $6,847 |
UNIVERSITY OF LATVIA PURPOSE: EDUCATION | $58,763 |
PETER MUIZNIEKS PURPOSE: TUITION | $875 |
MILENA MUIZNIECE PURPOSE: EDUCATION | $4,009 |
LLU AATTISTIBAS FOUNDATION PURPOSE: EDUCATION | $24,945 |
LUTHERN CHURCH PURPOSE: RELIGION | $10,000 |