Kentfields Foundation Inc
- Assets
- $32.1m
- Revenue
- $841.9k
- Investments
- $24.0m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 10/1993
- Data as of
- 12/2022
- EIN
- 52-1841472
Organization Overview
Kentfields Foundation Inc is located in Baltimore, MD. The organization was established in 1993. 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. Kentfields 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 12/2022, Kentfields Foundation Inc generated $841.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $4.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Kentfields Foundation Inc has awarded 93 individual grants totaling $5,167,169. 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 |
|---|---|---|---|
Lynn H Rauch President | 2 | $0 | |
Philip J Rauch Vice President | 2 | $0 | |
Katherine Bailey Director | 2 | $0 | |
Brian Bailey Director | 2 | $0 | |
David Rauch Director | 2 | $0 | |
Emily Rauch Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $108,896 |
| Interest on Savings | $0 |
| Dividends & Interest | $509,964 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $218,871 |
| Capital Gain Net Income | $218,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,124 |
| Total Revenue | $841,855 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,125 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,377 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $131 |
| Printing and publications | $0 |
| Other expenses | $139,348 |
| Total operating and administrative expenses | $432,438 |
| Contributions, gifts, grants paid | $3,622,867 |
| Total expenses and disbursements | $4,055,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,141,075 |
| 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 | $4,046,668 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,146,384 |
| 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, Kentfields Foundation Inc has awarded $3,622,867 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ASYLEE WOMEN ENTERPRISE PURPOSE: GENERAL OPS DISCRETIONARY GRANT | $5,000 |
ALLIANCE FOR CHESAPEAKE BAY PURPOSE: CORPORATE SUSTAINABILITY INITIATIVE | $50,000 |
BACKYARD BASECAMP INC PURPOSE: BACKYARD BASECAMP | $75,000 |
BALTIMORE GREEN SPACE PURPOSE: SUSTAINING & BOLSTERING GREEN SPACES DURING COVID-19 | $30,000 |
BAY JOURNAL MEDIA INC PURPOSE: BAY JOURNAL FELLOWSHIP | $30,000 |
BLACK WOMEN BUILD - BALTIMORE PURPOSE: GENERAL OPS DISCRETIONARY GRANT | $5,000 |