H & R Block Foundation
- Assets
- $74.4m
- Revenue
- $10.5m
- Investments
- $69.3m
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 04/1974
- Data as of
- 12/2021
- EIN
- 23-7378232
Organization Overview
H & R Block Foundation is located in Kansas City, MO. The organization was established in 1974. 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. H & R Block Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, H & R Block Foundation has awarded 1,191 individual grants totaling $22,179,795. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David P Miles President | 10 | $68,312 | |
Thomas M Bloch Chairman, Treasurer & Director | 3 | $0 | |
Bruce C Davison Vice Chairman & Director | 0.75 | $0 | |
Thomas A Gerke Secretary & Director | 0.5 | $0 | |
William A Hall Treasurer & Director | 0.75 | $0 | |
Scott W Andreasen Assistant Treasurer | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hrb Management Inc | 12/30/18 | $336,534 |
Cambridge Associates Llc | 12/30/18 | $131,863 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,989 |
| Dividends & Interest | $650,726 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,861,347 |
| Capital Gain Net Income | $7,978,702 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,522,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $68,312 |
| Other employee salaries and wages | $270,471 |
| Pension plans, employee benefits | $33,314 |
| Interest | $0 |
| Taxes | $114,554 |
| Depreciation | $5,669 |
| Occupancy | $30,010 |
| Travel, conferences, and meetings | $4,646 |
| Printing and publications | $0 |
| Other expenses | $41,117 |
| Total operating and administrative expenses | $1,125,841 |
| Contributions, gifts, grants paid | $2,646,028 |
| Total expenses and disbursements | $3,771,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,982,448 |
| 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 | $69,294,599 |
| Net Land, buildings, and equipment | $122,942 |
| Other assets | $0 |
| Total assets | $74,399,989 |
| 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 | $37,131 |
| Total liabilities | $37,131 |
Grants Awarded
Over the last fiscal year, H & R Block Foundation has awarded $2,996,038 in support to 135 organizations.
| Grant Recipient | Amount |
|---|---|
Kansas City, MO PURPOSE: BUILDING BETTER BLOCKS PROGRAM | $250,000 |
Kansas City, MO PURPOSE: COMMUNITY GRANT | $250,000 |
KANSAS CITY REGIONAL COVID-19 FUND AT GKCCF PURPOSE: COVID-19: AREAS OF NEED | $150,000 |
Kansas City, MO PURPOSE: COVID-19 | $120,000 |
Kansas City, KS PURPOSE: MATERNAL HEALTH WORKER PROG (1 OF 2 PMTS) | $100,000 |
Kansas City, KS PURPOSE: EARLY CARE AND EDUCATION HUB BETTER) - LAUREN GARCIA | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Joseph W Craft Iii Foundation Tulsa, OK | $111,776,138 | $19,434,208 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Saul Zaentz Charitable Foundation Glenview, IL | $31,204,978 | $8,995,660 |
The John And Kathleen Schreiber Foundation Lake Forest, IL | $89,899,268 | $85,376,815 |