Michael & Alice Kuhn Foundation
- Assets
- $19.8m
- Revenue
- $2.2m
- Investments
- $18.6m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 08/1996
- Data as of
- 12/2022
- EIN
- 74-2791217
Organization Overview
Michael & Alice Kuhn Foundation is located in Austin, TX. The organization was established in 1996. 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. Michael & Alice Kuhn 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 12/2022, Michael & Alice Kuhn Foundation generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Michael & Alice Kuhn Foundation has awarded 220 individual grants totaling $6,243,150. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
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 |
|---|---|---|---|
Michael Kuhn President & CEO | 1 | $0 | |
Alice Kuhn President & Director | 1 | $0 | |
Jeffrey Kuhn Treasurer/director | 5 | $62,000 | |
Randall S Kuhn Director | 1 | $2,000 | |
Jonathan Lipson Director | 1 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,087,700 |
| Interest on Savings | $2,833 |
| Dividends & Interest | $798,090 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $256,545 |
| Capital Gain Net Income | $256,545 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,626 |
| Total Revenue | $2,165,794 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,941 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,633 |
| Total operating and administrative expenses | $164,217 |
| Contributions, gifts, grants paid | $1,696,500 |
| Total expenses and disbursements | $1,860,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,012,883 |
| 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 | $137,569 |
| Total assets | $19,759,634 |
| 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 | -$59,184 |
| Total liabilities | -$59,184 |
Grants Awarded
Over the last fiscal year, Michael & Alice Kuhn Foundation has awarded $1,696,500 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU OF TEXAS PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION | $35,000 |
AUSTIN CHAMBER MUSIC CENTER PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION | $7,500 |
AUSTIN PARTNERS IN EDUCATION PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION | $10,000 |
AVODAH PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION | $50,000 |
BALLET AUSTIN PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION | $5,000 |
BREAKTHROUGH CENTRAL TEXAS PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION | $35,000 |