Kellam Foundation Inc
- Assets
- $1.6m
- Revenue
- $182.0k
- Investments
- $1.6m
- Employees
- 0
- Location
- Livingston, TX
- Founding
- 03/2009
- Data as of
- 12/2023
- EIN
- 26-3920321
Organization Overview
Kellam Foundation Inc is located in Livingston, TX. The organization was established in 2009. 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. Kellam Foundation Inc 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 12/2023, Kellam Foundation Inc generated $182.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $216.7k during the year ending 12/2023. While expenses have increased by 1.5% 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 2016, Kellam Foundation Inc has awarded 199 individual grants totaling $1,303,721. 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 |
|---|---|---|---|
L Birt Kellam President | 5 | $0 | |
Louisa J Kellam Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,279 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $145,727 |
| Capital Gain Net Income | $145,727 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $182,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,372 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,395 |
| Contributions, gifts, grants paid | $212,325 |
| Total expenses and disbursements | $216,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,009 |
| Savings and temporary cash investments | $0 |
| 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 | $1,594,026 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,629,035 |
| 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, Kellam Foundation Inc has awarded $212,325 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
AARP FOUNDATION PURPOSE: CREATING AND ADVANCING EFFECTIVE SOLUTIONS TO REDUCE POVERTY FOR AND WITH OLDER ADULTS. | $100 |
AZ BROADWAY THEATRE PURPOSE: ENRICH LIVES THROUGH THE POWER OF PERFORMING ARTS BY PRODUCING LIVE THEATRE. | $10,000 |
ALZHEIMERS ASSOCAITON PURPOSE: MEDICAL RESEARCH | $100 |
AZ HUMANE SOCIETY PURPOSE: ANIMAL WELFARE | $100 |
AZ SPECIAL OLYMPICS PURPOSE: TRANSFORM AN ATHLETES LIFE | $150 |
AZ TOWN HALL PURPOSE: EDUCATES, ENGAGES, CONNECTS AND EMPOWERS PEOPLE TO RESOLVE IMPORTANT ISSUE THROUGH CONSENSUS AND NOT DIVISION | $100 |