Kenneth H Dart Foundation
- Assets
- $0.0
- Revenue
- $96.5k
- Investments
- $3.4m
- Employees
- 0
- Location
- Corona Del Mar, CA
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-6527172
Organization Overview
Kenneth H Dart Foundation is located in Corona Del Mar, CA. The organization was established in 2016. 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. Kenneth H Dart 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, Kenneth H Dart Foundation generated $96.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $285.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Kenneth H Dart Foundation has awarded 20 individual grants totaling $1,185,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S PRIMARY ACTIVITY IS TO MAKE GRANTS TO OTHER CHARITABLE ORGANIZATIONS SO TO PROMOTE THEIR CHARITABLE PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Dart Trustee | 3 | $7,500 | |
Brian Dart Trustee | 3 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,541 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71,452 |
| Total Revenue | $96,472 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $25,050 |
| Contributions, gifts, grants paid | $260,000 |
| Total expenses and disbursements | $285,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,962 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,420,722 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kenneth H Dart Foundation has awarded $285,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS HOPE GIRLS HOPE PURPOSE: TO FURTHER CHARITABLE PURPOSE IN ASSISTING UNDERPRIVILEDGED CHILDREN WITH EDUCATIONAL AND CAREER RESOURCES | $20,000 |
ORANGEWOOD FOUNDATION PURPOSE: TO FURTHER CHARITABLE PURPOSE WITH FUNDS DIRECTED TO THE CORE PROGRAM FOR FOSTER YOUTH | $150,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: TO FURTHER CHARITABLE PURPOSE IN ASSISTING CHILDREN IN NEED | $25,000 |
THE SHEEPFOLD PURPOSE: TO FURTHER CHARITABLE PURPOSE IN PROVIDING REFUGE FOR HOMELESS AND ABUSED WOMEN WITH CHILDREN | $50,000 |
FAMILY PROMISE OF ORANGE COUNTY PURPOSE: TO FURTHER CHARITABLE PURPOSES IN PROVIDING ASSISTANCE AND REFUGE FOR HOMELESS FAMILIES IN ORANGE COUNTY | $40,000 |