Thomas M & Irene B Kirbo Charitable
- Assets
- $39.6m
- Revenue
- $2.1m
- Investments
- $38.5m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 08/1981
- Data as of
- 12/2022
- EIN
- 59-6197946
Organization Overview
Thomas M & Irene B Kirbo Charitable is located in Jacksonville, FL. The organization was established in 1981. 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. Thomas M & Irene B Kirbo Charitable 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, Thomas M & Irene B Kirbo Charitable generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Thomas M & Irene B Kirbo Charitable has awarded 489 individual grants totaling $6,285,742. 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 |
|---|---|---|---|
Charles H Kirbo Jr Trustee | 10 | $15,000 | |
Martha J Sawyer Trustee | 10 | $15,000 | |
Betsy Anne Kirbo Trustee | 10 | $15,000 | |
Thomas M Jenks Trustee | 10 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $193,617 |
| Dividends & Interest | $823,033 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,116,339 |
| Capital Gain Net Income | $1,116,339 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $306 |
| Total Revenue | $2,133,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $84,002 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48,116 |
| Depreciation | $0 |
| Occupancy | $9,600 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,967 |
| Total operating and administrative expenses | $382,897 |
| Contributions, gifts, grants paid | $1,913,500 |
| Total expenses and disbursements | $2,296,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,111,293 |
| 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 | $6,275,595 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,584 |
| Total assets | $39,632,307 |
| 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, Thomas M & Irene B Kirbo Charitable has awarded $1,913,500 in support to 164 organizations.
| Grant Recipient | Amount |
|---|---|
2ND MILE MINISTRIES PURPOSE: LEADERSHIP DEVELOPMENT PATHWAY PROGRAM FOR AT RISK YOUTH | $6,000 |
ABRAHAM BALDWIN AGRICULTURAL COLLEGE FOUNDATION PURPOSE: SCHOLARSHIPS | $20,000 |
AGING TRUE PURPOSE: MEALS ON WHEELS FOR SENIORS | $5,000 |
ALZHEIMER'S ASSN PURPOSE: WALK TO END ALZHEIMER'S BAINBRIDGE GA | $3,000 |
AMANI WOMEN CENTER PURPOSE: SUPPORT FOR REFUGEE HEALTH AND EDUCATION IN GA. COMMUNITIES | $5,000 |
AMERICAN HEART ASSN PURPOSE: CAMP BOGGY CREEK; RESEARCH | $5,000 |