M B Kahn Foundation Inc is located in Columbia, SC. The organization was established in 1964. 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. M B Kahn 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 09/2023, M B Kahn Foundation Inc generated $100.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $48.2k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, M B Kahn Foundation Inc has awarded 252 individual grants totaling $587,438. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan B Kahn President | 0.5 | $0 | |
Charles Kahn Director | 0.5 | $0 | |
Bill Neely Director | 0.5 | $0 | |
Bob Chisholm Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $705 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,705 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14 |
| Total operating and administrative expenses | $1,014 |
| Contributions, gifts, grants paid | $47,180 |
| Total expenses and disbursements | $48,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,223 |
| 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 | $217,223 |
| 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, M B Kahn Foundation Inc has awarded $47,180 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
24-7 JR BALLERS PURPOSE: GENERAL USE | $500 |
CAMDEN COUNTY EDUCATIONAL FOUNDATION INC PURPOSE: GENERAL USE | $1,000 |
BEAUFORT MEMORIAL HOSPITAL FOUNDATION PURPOSE: GENERAL USE | $14,600 |
100 BLACK MEN OF COLUMBIA INC PURPOSE: GENERAL USE | $1,000 |
BROOKWOOD CHURCH PURPOSE: GENERAL USE | $200 |
DAYBREAK MINISTRIES PURPOSE: GENERAL USE | $500 |