Henry L Kimelman Family Foundation
- Assets
- $15.7m
- Revenue
- $1.4m
- Investments
- $14.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 66-6012547
Organization Overview
Henry L Kimelman Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Henry L Kimelman Family Foundation 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 12/2021, Henry L Kimelman Family Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Henry L Kimelman Family Foundation has awarded 633 individual grants totaling $6,815,458. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Kimelman Trustee, Pres | 4 | $30,000 | |
Susan K Edwards Sec, Trustee | 2 | $12,000 | |
John D Kimelman Treas, Trustee | 2 | $12,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oppenheimer & Co Inc | 12/30/21 | $108,928 |
Foundation Source | 12/30/21 | $60,442 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $879 |
| Dividends & Interest | $397,345 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $896,733 |
| Capital Gain Net Income | $896,733 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $100,272 |
| Total Revenue | $1,395,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,678 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $73,264 |
| Total operating and administrative expenses | $302,625 |
| Contributions, gifts, grants paid | $2,009,100 |
| Total expenses and disbursements | $2,311,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $982,855 |
| 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 | $2,516,894 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,718,192 |
| 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, Henry L Kimelman Family Foundation has awarded $2,009,100 in support to 145 organizations.
| Grant Recipient | Amount |
|---|---|
Rhinebeck, NY PURPOSE: GENERAL & UNRESTRICTED | $150,000 |
Fairfield, CT PURPOSE: EMERGENCY HEALTH UNIT FUND | $125,000 |
New York, NY PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
Boston, MA PURPOSE: REPORT FOR AMERICA INITIATIVE | $100,000 |
Washington, DC PURPOSE: TO PURCHASE EMERGENCY PHARMACEUTICALS FROM PREFERRED SUPPLIERS THAT MEET INTERNATIONAL QUALITY STANDARDS TO FILL GAPS IN THE LARGER SUPPLIES MADE POSSIBLE THROUGH GOVERNMENT GRANTS | $100,000 |
NATIONAL PUBLIC RADIO INC PURPOSE: REPORTING FROM BUREAUS AROUND THE GLOBE BY THE INTERNATIONAL DESK | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |
John R Mccune Char Trust No 9721 Pittsburgh, PA | $72,660,293 | $3,170,444 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
Donald P And Mary E Moriarty Charitable Foundation Chatham, NJ | $28,351,035 | $10,104,907 |
Reitmeier Charitable Trust U-W Fund Pittsburgh, PA | $0 | $783,026 |
Venable Baetjer And Howard Foundation Baltimore, MD | $411,758 | $3,720,067 |
The Daniel E And Joyce G Straus Family Foundation Fort Lee, NJ | $70,788,886 | $23,200,737 |
Forman Fam Foundation Tr 12112013 Philadelphia, PA | $54,933,768 | $58,162 |
Yocum Family Perpetual Charitable Tr Wilmington, DE | $59,505,784 | $5,249,565 |
Raymond & Gertrude R Saltzman Foundation Cherry Hill, NJ | $110,514,769 | $5,961,715 |