Donnell-Kay Foundation Inc is located in Denver, CO. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public 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. Donnell-Kay 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 12/2023, Donnell-Kay Foundation Inc generated $403.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Donnell-Kay Foundation Inc has awarded 238 individual grants totaling $1,551,861. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DENVER PUBLIC SCHOOL BOARD FORUMS:DONNELL-KAY FOUNDATION PROVIDED FUNDS TO SUPPORT A SERIES OF FORUMS WHERE CANDIDATES AND CONSTITUENTS COULD GATHER TO HEAR ISSUES RELATED TO THE SCHOOL BOARD ELECTIONS IN A FAIR AND EQUITABLE MANNER.
HOT LUNCH SPEAKER SERIES:DONNELL-KAY FOUNDATION HAS EMBARKED ON A JOURNEY TO BRING NATIONALLY-RECOGNIZED EXPERTS TO COLORADO FOR A SPEAKER SERIES TO DISCUSS ISSUES RELATED TO THE EDUCATION SYSTEM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaylin Dines Secretary | 1 | $0 | |
Anthony Lewis Treasurer | 2 | $0 | |
Kim Knous Dolan Vice President | 1 | $0 | |
Connie Dines President | 1 | $0 | |
Anthony Lewis Exec Director | 50 | $241,526 | |
Amy B Anderson Senior Director | 40 | $164,711 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $159,765 |
| Dividends & Interest | $639,008 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$395,476 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $403,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $754,712 |
| Pension plans, employee benefits | $262,518 |
| Interest | $0 |
| Taxes | $38,873 |
| Depreciation | $0 |
| Occupancy | $29,593 |
| Travel, conferences, and meetings | $13,766 |
| Printing and publications | $0 |
| Other expenses | $64,975 |
| Total operating and administrative expenses | $1,315,397 |
| Contributions, gifts, grants paid | $120,729 |
| Total expenses and disbursements | $1,436,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $298,348 |
| 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 | $686,950 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,243,219 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $60,469 |
| Total assets | $31,900,331 |
| Accounts payable and accrued expenses | $1,939 |
| 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 | $9,626 |
| Total liabilities | $11,565 |
Over the last fiscal year, Donnell-Kay Foundation Inc has awarded $120,729 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
40 SCHOOLS PURPOSE: GENERAL OPERATING GRANT | $1,000 |
ART STUDENTS LEAGUE PURPOSE: GENERAL OPERATING GRANT | $630 |
BOULDER FOOD RESCUE PURPOSE: GENERAL OPERATING GRANT | $1,104 |
CHEF ANN FOUNDATION PURPOSE: GENERAL OPERATING GRANT | $10,000 |
COLORADO FOOD CLUSTER PURPOSE: GENERAL OPERATING GRANT | $14,500 |
CHINOOK FUND PURPOSE: GENERAL OPERATING GRANT | $150 |