Grayce B Kerr Fund
- Assets
- $0.0
- Revenue
- $3.0m
- Investments
- $30.2m
- Employees
- 0
- Location
- Easton, MD
- Founding
- 12/1993
- Data as of
- 12/2020
- EIN
- 73-1256124
Organization Overview
Grayce B Kerr Fund is located in Easton, MD. The organization was established in 1993. 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. Grayce B Kerr Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Grayce B Kerr Fund has awarded 86 individual grants totaling $3,531,607. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES GRANTS AND CONTRIBUTIONS TO 501(C)(3) ORGANIZATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Valliant President & CEO | 40 | $212,484 | |
Marcy Kerr Yuknat Chair | 1 | $0 | |
David A Yuknat Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $266 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,165,915 |
| Total Revenue | $3,033,896 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $213,785 |
| Pension plans, employee benefits | $85,502 |
| Depreciation | $50,445 |
| Occupancy | $16,318 |
| Travel, conferences, and meetings | $912 |
| Printing and publications | $394 |
| Total operating and administrative expenses | $654,253 |
| Contributions, gifts, grants paid | $1,147,220 |
| Total expenses and disbursements | $1,801,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Investments—mortgage loans | $0 |
| Investments—other | $30,166,497 |
| Other assets | $29,157 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Grayce B Kerr Fund has awarded $2,043,171 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
Annapolis, MD PURPOSE: CONSERVATION USING ARTIFICIAL INTELLIGENCE | $650,000 |
Annapolis, MD PURPOSE: CONSERVATION USING ARTIFICIAL INTELLIGENCE | $350,000 |
Easton, MD PURPOSE: REVOLUTIONIZING SERVICE DELIVERY | $200,500 |
Woods Hole, MA PURPOSE: IMPLEMENTATION OF WATER PLAN | $200,000 |
Easton, MD PURPOSE: TO FUND A COO POSITION | $111,764 |
Easton, MD PURPOSE: TO FUND A COO POSITION | $104,452 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |