Raymond And June Kuns Foundation
- Assets
- $3.0m
- Revenue
- $299.9k
- Investments
- $848.7k
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 02/1993
- Data as of
- 12/2022
- EIN
- 86-0687758
Organization Overview
Raymond And June Kuns Foundation is located in Scottsdale, AZ. 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. Raymond And June Kuns 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, Raymond And June Kuns Foundation generated $299.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $228.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Raymond And June Kuns Foundation has awarded 20 individual grants totaling $586,915. 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 |
|---|---|---|---|
David J Rauch President | 5 | $35,000 | |
Julia L Christensen Director | 5 | $25,000 | |
William Christensen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,054 |
| Dividends & Interest | $44,776 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $246,070 |
| Capital Gain Net Income | $246,070 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $299,900 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,794 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,192 |
| Total operating and administrative expenses | $69,986 |
| Contributions, gifts, grants paid | $158,364 |
| Total expenses and disbursements | $228,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,155,428 |
| 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 | $0 |
| Total assets | $3,004,157 |
| Accounts payable and accrued expenses | $7,290 |
| Grants payable | $111,755 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $119,045 |
Grants Awarded
Over the last fiscal year, Raymond And June Kuns Foundation has awarded $46,609 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PHOENIX SEMINARY PURPOSE: SCHOLARSHIPS | $32,030 |
GATEWAY SEMINARY PURPOSE: SCHOLARSHIPS | $2,208 |
YWAM SEMINARY PURPOSE: SCHOLARSHIPS | $12,371 |