K U Endowment Charitable Gift Fund is located in Lawrence, KS. The organization was established in 2004. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. K U Endowment Charitable Gift Fund 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 06/2021, K U Endowment Charitable Gift Fund generated $373.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CHARITABLE ORGANIZATIONS SPECIFIED IN SCHEDULE A, PART I
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KU ENDOWMENT CHARITABLE GIFT FUND MAKES IT POSSIBLE FOR A DONOR TO SUPPORT OTHER CHARITIES (AS LISTED ON SCHEDULE A) WHILE AT LEAST 25% OF THEIR CHARITABLE GIFTS FURTHER THE MISSION OF THE UNIVERSITY OF KANSAS. A DONOR CAN ESTABLISH A CHARITABLE REMAINDER UNITRUST OR A DONOR ADVISED FUND WHERE OTHER 501(C)(3) CHARITIES MAY BE BENEFITED IN ADDITION TO THE KANSAS UNIVERSITY ENDOWMENT ASSOCIATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Vice Chair (volunteer) | Trustee | 0.1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $373,150 |
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 | $373,150 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,748,539 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $500 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,673 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,751,752 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $99,618 |
Savings and temporary cash investments | $100,506 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $7,336,639 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,536,763 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | -$238 |
Net assets with donor restrictions | $7,537,001 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $7,536,763 |
Over the last fiscal year, K U Endowment Charitable Gift Fund has awarded $1,748,539 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Lawrence, KS PURPOSE: SUPPORT FOR THE UNIVERSITY OF KANSAS | $1,136,550 |
Kansas City, MO PURPOSE: SUPPORT FOR THE COMMUNITY SERVED BY THE GREATER KANSAS CITY COMMUNITY FOUNDATION | $611,989 |
Over the last fiscal year, we have identified 2 grants that K U Endowment Charitable Gift Fund has recieved totaling $1,007,599.
Awarding Organization | Amount |
---|---|
Hutchinson Community Foundation Hutchinson, KS PURPOSE: EDUCATION | $1,002,000 |
United Way Of Bergen County Paramus, NJ PURPOSE: DONOR DESIGNATION | $5,599 |
Organization Name | Assets | Revenue |
---|---|---|
Signatry Charitable Trust Overland Park, KS | $81,194,986 | $73,628,321 |
Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc Oklahoma City, OK | $324,040,869 | $11,766,230 |
Jewish Federation Of Omaha Foundation Omaha, NE | $124,451,193 | $16,233,916 |
Bokf Foundation Tulsa, OK | $18,840,585 | $10,529,453 |
Mdc Richmond American Homes Foundation Denver, CO | $62,577,099 | $11,290,556 |
Goodwill Of Colorado Colorado Springs, CO | $19,789,763 | $4,278,008 |
Menorah Heritage Foundation Overland Park, KS | $63,841,650 | $6,880,608 |
Real Estate Charitable Foundation Kansas City, MO | $43,935,265 | $4,204,580 |
Annette And Paul Smith Charitable Fund Omaha, NE | $1,572,080 | $32,841 |
Eisenhower Foundation Abilene, KS | $2,688,727 | $3,166,180 |
K U Endowment Charitable Gift Fund Lawrence, KS | $7,536,763 | $373,150 |
William E Davis & Margaret H Davis Family Fund Of Okla City Community Oklahoma City, OK | $0 | $771,556 |