H & R Block Foundation
- Assets
- $63.0m
- Revenue
- $2.8m
- Investments
- $59.5m
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 04/1974
- Data as of
- 12/2022
- 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 1,193 individual grants totaling $25,106,431. 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
2022
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Bloch Chairman & Director | 3 | $0 | |
Bruce C Davison Vice Chairman & Director | 0.75 | $0 | |
Thomas A Gerke Former Secretary & Director | 0.5 | $0 | |
William A Hall Treasurer & Director | 0.75 | $0 | |
Debbie Sosland-Edelman Assistant Treasurer | 0.75 | $0 | |
David P Miles President | 9 | $80,928 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc | 12/30/18 | $131,863 |
Hrb Management Inc | 12/30/18 | $336,534 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,959 |
| Dividends & Interest | $576,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,142,577 |
| Capital Gain Net Income | $682,262 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,757,329 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,928 |
| Other employee salaries and wages | $232,232 |
| Pension plans, employee benefits | $36,233 |
| Interest | $0 |
| Taxes | $247,331 |
| Depreciation | $12,354 |
| Occupancy | $48,585 |
| Travel, conferences, and meetings | $936 |
| Printing and publications | $0 |
| Other expenses | $53,037 |
| Total operating and administrative expenses | $1,393,853 |
| Contributions, gifts, grants paid | $2,926,628 |
| Total expenses and disbursements | $4,320,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,367,062 |
| 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 | $59,503,301 |
| Net Land, buildings, and equipment | $110,588 |
| Other assets | $0 |
| Total assets | $62,980,951 |
| 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 | $40,778 |
| Total liabilities | $40,778 |
Grants Awarded
Over the last fiscal year, H & R Block Foundation has awarded $2,926,636 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED STATEMENT PURPOSE: SEE ATTACHED STATEMENT | $2,926,628 |
CONTRIBUTIONS FROM PASS THROUGH ACTIVITY PURPOSE: GENERAL SUPPORT | $8 |