Louis J Kanitz & Golda I Kanitz Memorial Fund Tr 012694
- Assets
- $4.8m
- Revenue
- $142.7k
- Investments
- $4.5m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 94-6665743
Organization Overview
Louis J Kanitz & Golda I Kanitz Memorial Fund Tr 012694 is located in Las Vegas, NV. The organization was established in 1995. 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. Louis J Kanitz & Golda I Kanitz Memorial Fund Tr 012694 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, Louis J Kanitz & Golda I Kanitz Memorial Fund Tr 012694 generated $142.7k 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 (20.8%) each year. All expenses for the organization totaled $393.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Louis J Kanitz & Golda I Kanitz Memorial Fund Tr 012694 has awarded 133 individual grants totaling $1,344,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $179,728 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,996 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,732 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,955 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,484 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51 |
| Total operating and administrative expenses | $63,190 |
| Contributions, gifts, grants paid | $330,000 |
| Total expenses and disbursements | $393,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $261 |
| Savings and temporary cash investments | $265,705 |
| 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 | $3,324,652 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,755,534 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Louis J Kanitz & Golda I Kanitz Memorial Fund Tr 012694 has awarded $330,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
GRAND VALLEY ST UNIV FBO SEVASTIAN AR PURPOSE: SCHOLARSHIP | $4,000 |
UNIV OF MICHIGAN FBO JADA CUNNINGHAM PURPOSE: SCHOLARSHIP | $5,000 |
GRAND VALLEY ST UNIV FBO CHAKIYIA BAI PURPOSE: SCHOLARSHIP | $5,000 |
FERRIS ST UNIV FBO DESHONNA DAY PURPOSE: SCHOLARSHIP | $4,000 |
MICHIGAN ST UNIV FBO TORIONA DAY PURPOSE: SCHOLARSHIP | $4,000 |
MUSKEGON COMMUNITY COLLEGE FBO JASMINE PURPOSE: SCHOLARSHIP | $5,000 |