Kai Family Foundation
- Assets
- $3.5m
- Revenue
- $300.0k
- Investments
- $3.2m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 09/1994
- Data as of
- 12/2023
- EIN
- 86-0767197
Organization Overview
Kai Family Foundation is located in Tucson, AZ. The organization was established in 1994. 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. Kai Family 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 12/2023, Kai Family Foundation generated $300.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $177.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Kai Family Foundation has awarded 165 individual grants totaling $791,750. 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 |
|---|---|---|---|
Herbert Kai Director | 0 | $0 | |
John Kai Jr Director | 0 | $0 | |
Sidney Lex Felker Managing Director | 0.75 | $23,044 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $137,929 |
| Interest on Savings | $188 |
| Dividends & Interest | $83,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,079 |
| Capital Gain Net Income | $78,079 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $110 |
| Total Revenue | $299,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,044 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,231 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $123 |
| Total operating and administrative expenses | $26,598 |
| Contributions, gifts, grants paid | $150,586 |
| Total expenses and disbursements | $177,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,630 |
| 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 | $31,920 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,488,328 |
| 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 | $1,268,549 |
| Total liabilities | $1,268,549 |
Grants Awarded
Over the last fiscal year, Kai Family Foundation has awarded $150,586 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA VETERANS' MEMORIAL CEMETARY FOUNDATION PURPOSE: PROVIDE INTERMENT FOR QUALIFIED VETERANS AT NO COST | $2,000 |
CAMPUS COMMUNITY CHURCH PURPOSE: SUPPORT MISSION TO CONNECT PEOPLE IN THE UNIVERSITY OF ARIZONA COMMUNITY WITH JESUS CHRIST | $5,000 |
CARING MINISTRIES INC PURPOSE: SUPPORT LOCAL COMMUNITIES BY PROVIDING FOOD, CLOTHING, AND OTHER RESOURCES WHILE SHARING THE LOVE AND SALVATION OF JESUS CHRIST TO EVERYONE WE SERVE | $9,000 |
CASA ESPERANZA PARA NINOS PURPOSE: PROVIDE AID AND REFUGE TO MIGRANTS PASSING THROUGH | $2,500 |
CHILDREN'S MUSEUM ORO VALLEY PURPOSE: PROVIDE FUN, HANDS-ON EXPERIENCES FOR CHILDREN WITH AN EARLY CHILDHOOD EDUCATION FOCUS | $1,000 |
CHRISTIAN PROPERTIES INC PURPOSE: SUPPORT THE SET FREE BAPTIST FELLOWSHIP OF TUCSON MINISTRY | $5,000 |