Harris And Eliza Kempner Fund
- Assets
- $50.5m
- Revenue
- $4.7m
- Investments
- $46.2m
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 09/2001
- Data as of
- 12/2022
- EIN
- 76-0680130
Organization Overview
Harris And Eliza Kempner Fund is located in Galveston, TX. The organization was established in 2001. 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. Harris And Eliza Kempner Fund 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, Harris And Eliza Kempner Fund generated $4.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Harris And Eliza Kempner Fund has awarded 1,091 individual grants totaling $11,389,483. 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 |
|---|---|---|---|
Lauren Scott Executive Director | 40 | $152,000 | |
Emily Bray Vice-President | 4 | $0 | |
Chandler Guttersen Director | 4 | $0 | |
Eliza Quigley President | 10 | $0 | |
Randall T Kempner Treasurer | 4 | $0 | |
Jack Kempner Director | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neuberger Berman | 12/30/19 | $85,812 |
Clearbridge Advisors | 12/30/19 | $78,433 |
Kempner Capital Management | 12/30/19 | $41,448 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,826,898 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,852,859 |
| Capital Gain Net Income | $2,852,859 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,667 |
| Total Revenue | $4,736,424 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $152,000 |
| Other employee salaries and wages | $76,000 |
| Pension plans, employee benefits | $11,670 |
| Interest | $0 |
| Taxes | $90,679 |
| Depreciation | $14,136 |
| Occupancy | $45,539 |
| Travel, conferences, and meetings | $10,451 |
| Printing and publications | $0 |
| Other expenses | $229,829 |
| Total operating and administrative expenses | $996,928 |
| Contributions, gifts, grants paid | $2,432,118 |
| Total expenses and disbursements | $3,429,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,013,579 |
| Savings and temporary cash investments | $3,327,789 |
| Net Accounts receivable | $1,200 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $5,200 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,460,186 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,781 |
| Total assets | $50,545,597 |
| 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 | $13,191 |
| Total liabilities | $13,191 |
Grants Awarded
Over the last fiscal year, Harris And Eliza Kempner Fund has awarded $2,432,118 in support to 219 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCACY CENTER FOR CHILDREN OF GALVESTON COUNTY PURPOSE: ASSIST 501(C)(3) ORGANIZATION | $20,000 |
AFRICAN CHILDREN'S HAVEN PURPOSE: ASSIST 501(C)(3) ORGANIZATION | $1,500 |
AGAINST MALARIA FOUNDATION PURPOSE: ASSIST 501(C)(3) ORGANIZATION | $500 |
AFRICAN CHILDREN'S HAVEN PURPOSE: ASSIST 501(C)(3) ORGANIZATION | $1,000 |
ALCOHOL DRUG ABUSE WOMEN'S CENTER PURPOSE: ASSIST 501(C)(3) ORGANIZATION | $10,000 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: ASSIST 501(C)(3) ORGANIZATION | $60 |