R L Kane Family Foundation
- Assets
- $983.8k
- Revenue
- $90.6k
- Investments
- $833.9k
- Employees
- 0
- Location
- Bondville, VT
- Founding
- 06/1987
- Data as of
- 12/2022
- EIN
- 22-2783771
Organization Overview
R L Kane Family Foundation is located in Bondville, VT. The organization was established in 1987. 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. R L Kane 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 12/2022, R L Kane Family Foundation generated $90.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $84.4k during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, R L Kane Family Foundation has awarded 272 individual grants totaling $330,250. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley T Kane President | 1 | $0 | |
Laura L Kane Vice-President | 1 | $0 | |
Ward T Kane Treasurer | 2 | $0 | |
Scott C Kane Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $94,590 |
| Interest on Savings | $49 |
| Dividends & Interest | $14,390 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,980 |
| Capital Gain Net Income | $37,036 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $580 |
| Total Revenue | $90,629 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,883 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56 |
| Total operating and administrative expenses | $19,947 |
| Contributions, gifts, grants paid | $64,500 |
| Total expenses and disbursements | $84,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $139,925 |
| 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 | $833,922 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,000 |
| Total assets | $983,847 |
| 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, R L Kane Family Foundation has awarded $64,500 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
AMERICAN FRIENDS OF GATOTO PURPOSE: SCHOLARSHIP FUND | $6,000 |
AMERICARES PURPOSE: GENERAL SUPPORT | $2,000 |
CHELSEA'S FUND WYOMING REPRODUCTIVE RIGHTS PURPOSE: GENERAL SUPPORT | $3,000 |
AMHERST UNIVERSITY PURPOSE: GENERAL SUPPORT | $500 |
CARING KIND PURPOSE: GENERAL SUPPORT | $1,000 |