Kcrn Family Foundation
- Assets
- $0.0
- Revenue
- $3.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Clayton, NC
- Founding
- 04/2011
- Data as of
- 09/2022
- EIN
- 27-4286835
Organization Overview
Kcrn Family Foundation is located in Clayton, NC. The organization was established in 2011. 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. Kcrn Family 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 09/2022, Kcrn Family Foundation generated $3.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $4.0k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Kcrn Family Foundation has awarded 42 individual grants totaling $100,500. 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 |
|---|---|---|---|
Randall Nelson Trustee | 0.6 | $0 | |
Kristi Nelson Trustee | 0.6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,360 |
| Interest on Savings | $2 |
| Dividends & Interest | $338 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,016 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Kcrn Family Foundation has awarded $23,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ST JUDES CHILDREN HOSPITAL PURPOSE: TO FIND CURES FOR CHILDREN WITH CANCER AND OTHER CATASTROPHIC DISEASES THROUGH RESEARCH AND TREATMENT. | $2,500 |
AMERCIAN RED CROSS PURPOSE: TO BRING SHELTER, FOOD AND COMFORT TO THOSE AFFECTED BY DISASTERS, LARGE AND SMALL. | $2,500 |
THE SENTENCING PROJECT PURPOSE: TO PROVIDE DEFENSE LAWYERS WITH SENTENCING ADVOCACY TRAINING AND TO REDUCE THE RELIANCE ON INCARCERATION. | $3,000 |
THE HUMANE LEAGUE PURPOSE: TO EXIST TO END THE ABUSE OF ANIMALS RAISED FOR FOOD. | $3,000 |
GIRLS ON THE RUN OF UNION CITY NC PURPOSE: TO CREATE A WORLD WHERE EVERY GIRL KNOWS AND ACTIVATES HER LIMITLESS POTENTIAL AND IS FREE TO BOLDLY PURSUE HER DREAMS. | $1,000 |
FOOD BANK OF CENTRAL AND EASTERN NC PURPOSE: TO PROVIDE FOOD TO PEOPLE IN NEED WHILE BUILDING SOLUTIONS TO END HUNGER IN OUR COMMUNITIES. | $4,000 |