Kiwanis Foundation Inc Hickory

Organization Overview

Kiwanis Foundation Inc Hickory is located in Hickory, NC. The organization was established in 1968. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kiwanis Foundation Inc Hickory 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 09/2022, Kiwanis Foundation Inc Hickory generated $34.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $51.3k during the year ending 09/2022. While expenses have increased by 5.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ORGANIZATION INCOME USED TO MAKE SCHOLARSHIP GRANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTED SCHOLARSHIPS/AWARDS TO 23 STUDENTS


GRANTED ZAHRA BAKER SCHOLARSHIPS TO 1 STUDENT


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Board, Officers & Key Employees

Name (title)Compensation
Landon B Lane Jr
Treasurer, Trustee
$0
Rick Foster
Secretary, Trustee
$0
Bruce Blackburn
President, Trustee
$0
Kenneth W Kleva
Trustee
$0
Scott Broome
Trustee
$0
Mac Mcleod
Trustee
$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$1,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,000
Total Program Service Revenue$0
Investment income $38,553
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$5,009
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $34,544

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