Kennedy Wilson Charitable Foundation
- Assets
- $1.0m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 12/2015
- Data as of
- 03/2023
- EIN
- 95-4682181
Organization Overview
Kennedy Wilson Charitable Foundation is located in Beverly Hills, CA. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kennedy Wilson Charitable 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 03/2023, Kennedy Wilson Charitable Foundation generated $3.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.0m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Kennedy Wilson Charitable Foundation has awarded 254 individual grants totaling $10,172,380. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS PRIMARILY INVOLVED IN MAKING CHARITABLE CONTRIBUTIONS TO PUBLIC CHARITIES, PARTICULARLY YOUTH-RELATED ORGANIZAITONS.
THE FOUNDATION OPERATES A SCHOLARSHIP AND ACHIEVEMENT GRANT PROGRAM WHICH AWARDS SCHOLARSHIPS AND GRANTS TO QUALIFYING INDIVIDUALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Mcmorrow President/director | 1 | $0 | |
Justin Enbody Cfo/director | 1 | $0 | |
In Ku Lee Secretary/director | 1 | $0 | |
Kent Mouton Vp/asst Sec/director | 1 | $0 | |
Mary Ricks Vp/asst Sec/director | 1 | $0 | |
Matthew Windisch Vp/asst Sec/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,997,500 |
| Interest on Savings | $222 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $992,375 |
| Total Revenue | $2,990,097 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $103 |
| Total operating and administrative expenses | $303 |
| Contributions, gifts, grants paid | $2,047,566 |
| Total expenses and disbursements | $2,047,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $187,793 |
| Net Accounts receivable | $20,736 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $805,000 |
| 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 | $1,013,529 |
| 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, Kennedy Wilson Charitable Foundation has awarded $2,047,566 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
100 WHO CARE INC PURPOSE: EVENT DINNER SPONSORSHIP | $5,000 |
ALOHA UNITED WAY INC PURPOSE: BASKETBALL TOURNAMENT SPONSORSHIP | $3,000 |
AMERICAN CANCER SOCIETY PURPOSE: EVENT SPONSORSHIP | $30,000 |
ANIMAL RESCUE FOUNDATION PURPOSE: GRAND SLAM SPONSORSHIP | $50,000 |
BRINGING HOPE TO THE FAMILY USA PURPOSE: GENERAL SUPPORT | $191,388 |
CATHOLIC BIG BROTHERS BIG SISTERS PURPOSE: EVENT SPONSORSHIP | $50,000 |