Kaye Family Foundation
- Assets
- $8.1m
- Revenue
- $8.6m
- Investments
- $7.4m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 03/2000
- Data as of
- 11/2023
- EIN
- 13-4092284
Organization Overview
Kaye Family Foundation is located in Albany, NY. The organization was established in 2000. 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. Kaye 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 11/2023, Kaye Family Foundation generated $8.6m 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 (25.2%) each year. All expenses for the organization totaled $7.2m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Kaye Family Foundation has awarded 90 individual grants totaling $6,999,287. 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
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECTCHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT,BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPTUNDER INTERNAL REVENUE CODE SECTION 501 (C)(3).
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 |
|---|---|---|---|
Charles R Kaye Trustee | 1 | $0 | |
Sheryl Kaye Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arabella Advisors Llc | 11/29/23 | $82,373 |
Bbr Partners Llc Charles Schwab Invt Mgrs | 11/29/23 | $66,743 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,466,652 |
| Interest on Savings | $0 |
| Dividends & Interest | $334,287 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $801,317 |
| Capital Gain Net Income | $801,317 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $8,602,260 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $14,305 |
| Taxes | $25,002 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,033 |
| Total operating and administrative expenses | $198,617 |
| Contributions, gifts, grants paid | $6,999,287 |
| Total expenses and disbursements | $7,197,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $665,691 |
| 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 | $6,451 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,016,664 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,091,538 |
| 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, Kaye Family Foundation has awarded $6,999,287 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
THE SHIELD INSTITUTE & PURE VISION ARTS PURPOSE: GENERAL DONATION | $500 |
LINCOLN CENTER FOR THE PERFORMING ARTS PURPOSE: GENERAL DONATION | $494,000 |
PENN HILLEL PURPOSE: GENERAL DONATION | $50,000 |
COLUMBIA CEREBRAL PALSY CENTER PURPOSE: GENERAL DONATION | $1,000 |
THE BRONFMAN FELLOWSHIPS PURPOSE: GENERAL DONATION | $2,500 |
JEWISH MUSEUM PURPOSE: GENERAL DONATION | $25,000 |