Killam Emdowment Tr is located in Las Vegas, NV. The organization was established in 2006. 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. Killam Emdowment Tr 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, Killam Emdowment Tr generated $673.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $253.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Killam Emdowment Tr has awarded 16 individual grants totaling $2,358,986. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S SOLE FUNCTION IS TO SUPPORT THE LAW SCHOOLS AT TEXAS TECH UNIVERSITY AND UNIVERSITY OF TEXAS.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $207,306 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $462,190 |
Capital Gain Net Income | $462,190 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $3,530 |
Total Revenue | $673,026 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $93,990 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $8,308 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,805 |
Total operating and administrative expenses | $123,790 |
Contributions, gifts, grants paid | $130,000 |
Total expenses and disbursements | $253,790 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $496,006 |
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 | $1 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $6,494,687 |
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 |
Over the last fiscal year, Killam Emdowment Tr has awarded $130,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Lubbock, TX PURPOSE: GENERAL OPERATING | $65,000 |
THE UNIVERSITY OF TEXAS SYSTEM PURPOSE: GENERAL OPERATING | $65,000 |
Organization Name | Assets | Revenue |
---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
Holland M Ware Charitable Foundation Eagle, ID | $219,618,856 | $24,900,954 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |