Kiwanis Foundation Of The District Of Columbia
- Assets
- $6.7m
- Revenue
- $206.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 09/2023
- EIN
- 52-6027301
Organization Overview
Kiwanis Foundation Of The District Of Columbia is located in Washington, DC. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kiwanis Foundation Of The District Of Columbia 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 09/2023, Kiwanis Foundation Of The District Of Columbia generated $206.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $418.3k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE KIWANIS FOUNDATION IS TO AID, BENEFIT, CARE FOR, MAINTAIN, PROTECT, EDUCATE, AND SUPPORT UNDER-PRIVILEGED CHILDREN IN THE DISTRICT OF COLUMBIA. THE KIWANIS FOUNDATION FULFILLS ITS MISSION PRINCIPALLY BY SUPPORTING THE KIWANIS CLUB OF WASHINGTON, DC/K00127.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO KIWANIS INTERNATIONAL/K00127 WASHINGTON IN SUPPORT OF THE KIWANIS INTERNATIONAL'S MISSION OF SERVICE AND GOODWILL TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Hodson Director | Trustee | 1 | $0 |
Venu Thirumala Director | Trustee | 1 | $0 |
Troy Dibley Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Corey Burr Director | Trustee | 1 | $0 |
Dick Juergens President | OfficerTrustee | 1 | $0 |
April Gassler Director | 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 | $2,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,610 |
| Total Program Service Revenue | $0 |
| Investment income | $265,726 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$61,623 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $376,975 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $540 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,221 |
| Fees for services: Other | $7,390 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $418,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,260 |
| Savings and temporary cash investments | $237,935 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,491,254 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,731,449 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $6,731,449 |
| 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 | $6,731,449 |
Grants Awarded
Over the last fiscal year, Kiwanis Foundation Of The District Of Columbia has awarded $252,780 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
KIWANIS INTERNATIONALK00127 WASHINGTON PURPOSE: TO FURTHER THE MISSION OF COMMUNITY SERVICE. | $152,780 |
WE ARE FAMILY SENIOR OUTREACH NETWORK PURPOSE: GENERAL SUPPORT | $10,000 |
THE LITERACY LAB PURPOSE: GENERAL SUPPORT | $10,000 |
CHILDREN'S NATIONAL MEDICAL CENTER PURPOSE: GENERAL SUPPORT | $10,000 |
DASH PURPOSE: GENERAL SUPPORT | $10,000 |
CASA FOR CHILDREN OF DC PURPOSE: GENERAL SUPPORT | $10,000 |