Keybank Foundation
- Assets
- $77.5k
- Revenue
- $25.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 10/1969
- Data as of
- 12/2022
- EIN
- 23-7036607
Organization Overview
Keybank Foundation is located in Cleveland, OH. The organization was established in 1969. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keybank 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, Keybank Foundation generated $25.9m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $28.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Gurney Ceo, Cob, Trustee | 1 | $0 | |
Trina Evans President, Trustee | 1 | $0 | |
Eric Fiala Vice President, Trustee | 1 | $0 | |
Douglas Schosser Treasurer, Trustee | 1 | $0 | |
Gideon M Hart Secretary | 1 | $0 | |
Eric Brown Senior Program Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,124,530 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,543 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,680,806 |
| Capital Gain Net Income | $4,688,910 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $25,863,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $135,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,927 |
| Total operating and administrative expenses | $137,759 |
| Contributions, gifts, grants paid | $28,338,883 |
| Total expenses and disbursements | $28,476,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,396 |
| Savings and temporary cash investments | $20,060 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $77,456 |
| 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, Keybank Foundation has awarded $26,764,497 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CONTRIBUTIONS (DETAIL STATEMENT) PURPOSE: SEE ATTACHED | $25,660,656 |
COMMUNITY LEADERSHIP (DETAIL STATEMENT) PURPOSE: SEE ATTACHED | $156,500 |
MATCHING GIFTS (DETAIL STATEMENT) PURPOSE: SEE ATTACHED | $947,341 |