The Mary Kay Foundation
- Assets
- $16.2m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Addison, TX
- Founding
- 06/1996
- Data as of
- 12/2021
- EIN
- 75-2653742
Organization Overview
The Mary Kay Foundation is located in Addison, TX. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mary Kay 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, Mary Kay Foundation generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2013, Mary Kay Foundation has awarded 1,508 individual grants totaling $43,944,381. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT FOR IRC SEC 501(C)(3) ORGANIZATIONS INVOLVED IN EDUCATION, MEDICAL RESEARCH, CANCER RESEARCH, WOMENS HEALTH ISSUES, OR RAISING AWARENESS OF THE EPIDEMIC PROLEM OF VIOLENCE AGAINST WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MARY KAY FOUNDATION PROVIDED GRANTS IN THE AMOUNT OF $3,102,526 TO SUPPORT IRC SEC 501(C)(3) ORGANIZATIONS INVOLVED IN EDUCATION, MEDICAL RESEARCH, CANCER RESEARCH, WOMENS HEALTH ISSUES, OR RAISING AWARENESS OF THE EPIDEMIC PROBLEM OF VIOLENCE AGAINST WOMEN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Johnson Secretary/treasurer/director | OfficerTrustee | 1 | $0 |
Michael Lunceford President/director | OfficerTrustee | 8 | $0 |
Ryan Rogers Vice President/director | OfficerTrustee | 1 | $0 |
Cheryl Monroe Director | Trustee | 1 | $0 |
Nathan Moore Director | Trustee | 1 | $0 |
Anne Crews Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $724,912 |
| Related organizations | $2,350,632 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,187,303 |
| Noncash contributions included in lines 1a–1f | $192,947 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,262,847 |
| Total Program Service Revenue | $0 |
| Investment income | $624,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $57,169 |
| Net Income from Fundraising Events | -$93,746 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,851,142 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,102,526 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,929 |
| Fees for services: Accounting | $10,131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $89,777 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,392 |
| Office expenses | $60,495 |
| Information technology | $104,028 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171,848 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,384 |
| All other expenses | $0 |
| Total functional expenses | $3,559,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $519,148 |
| Savings and temporary cash investments | $4,406,126 |
| Pledges and grants receivable | $42,323 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $67,083 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,181,823 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,216,503 |
| Accounts payable and accrued expenses | $10,630 |
| Grants payable | $600,000 |
| Deferred revenue | $25,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $635,630 |
| Net assets without donor restrictions | $15,580,873 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,216,503 |
Grants Awarded
Over the last fiscal year, The Mary Kay Foundation has awarded $3,075,000 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: CANCER GRANT | $550,000 |
Fort Worth, TX PURPOSE: CANCER GRANT | $150,000 |
Atlanta, GA PURPOSE: VIOLENCE AGAINST WOMEN GRANT | $100,000 |
Dallas, TX PURPOSE: CANCER GRANT | $100,000 |
Washington, DC PURPOSE: VIOLENCE AGAINST WOMEN GRANT | $75,000 |
Dallas, TX PURPOSE: VIOLENCE AGAINST WOMEN GRANT | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Mary Kay Foundation has recieved totaling $6,414.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6,414 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |