Koc Education Culture And Healthcare Foundation

Organization Overview

Koc Education Culture And Healthcare Foundation is located in New York, NY. The organization was established in 2019. 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. Koc Education Culture And Healthcare 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, Koc Education Culture And Healthcare Foundation generated $122.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $55.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S PRINCIPAL ACTIVITY IS TO PROVIDE GRANTS TO KOC UNIVERSITY AND OTHER EDUCATIONAL AND CHARITABLE ORGANIZATIONS LOCATED IN TURKEY AND ELSEWHERE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S PRINCIPAL ACTIVITY IS TO PROVIDE GRANTS TO KOC UNIVERSITY AND OTHER EDUCATIONAL AND CHARITABLE ORGANIZATIONS LOCATED IN TURKEY AND ELSEWHERE.


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Board, Officers & Key Employees

Name (title)Compensation
Omer M Koc
President
$0
Cihan Ozsonmez
Vice President
$0
Yonca Sarigedik
Treasurer/secretary
$0
Kamil Ugurbil
Director
$0
Aydogan Ozcan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$111,042
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$111,042
Total Program Service Revenue$0
Investment income $11,359
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $122,401

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Koc Education Culture And Healthcare Foundation has recieved totaling $60,000.

Awarding OrganizationAmount
The Merops Foundation

Philadelphia, PA

PURPOSE: GYGAIA PROJECTS 2021

$60,000
View Grant Recipient Profile

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