Kelly Charitable Trust
- Assets
- $1.3m
- Revenue
- $57.8k
- Investments
- $1.2m
- Employees
- 0
- Location
- Paola, KS
- Founding
- 05/2009
- Data as of
- 04/2024
- EIN
- 26-4060029
Organization Overview
Kelly Charitable Trust is located in Paola, KS. The organization was established in 2009. 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. Kelly Charitable Trust 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 04/2024, Kelly Charitable Trust generated $57.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $75.7k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Kelly Charitable Trust has awarded 13 individual grants totaling $168,575. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,760 |
| Dividends & Interest | $57,245 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,686 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $521 |
| Total Revenue | $57,840 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,510 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,611 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,536 |
| Contributions, gifts, grants paid | $49,175 |
| Total expenses and disbursements | $75,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,200 |
| Savings and temporary cash investments | $129,115 |
| 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 | $1,293,588 |
| 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, Kelly Charitable Trust has awarded $49,175 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
USD # 368 PURPOSE: ADULT EDUCATION CENTER PROGRAM - SUPPLIES, FEES & OTHER EXPENSES | $7,500 |
USD # 368 PURPOSE: PARENTS AS TEACHERS PROGRAM - SHIPPING COSTS | $14,500 |
USD # 367 PURPOSE: KILN FOR MIDDLE SCHOOL | $1,400 |
FORT SCOTT COMMUNITY COLLEGE ENDOWMENT PURPOSE: 3D PRINTER | $2,500 |
USD # 368 PURPOSE: HIGH SCHOOL ROBOTICS PROGRAM - EQUIPMENT & REG FEES | $6,550 |
HOME RUN CLUB INC PURPOSE: WINDSCREEN | $1,200 |