Kloepfer Family Foundation Inc
- Assets
- $3.7m
- Revenue
- $653.9k
- Investments
- $3.7m
- Employees
- 0
- Location
- Greenwood, IN
- Founding
- 06/2011
- Data as of
- 06/2024
- EIN
- 27-5062027
Organization Overview
Kloepfer Family Foundation Inc is located in Greenwood, IN. 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. Kloepfer Family 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 06/2024, Kloepfer Family Foundation Inc generated $653.9k 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 (11.9%) each year. All expenses for the organization totaled $243.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Kloepfer Family Foundation Inc has awarded 27 individual grants totaling $172,077. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IDENTIFY FIFTH GRADE CHILDREN LIVING IN LESLIE COUNTY, KENTUCKY WHOSE SCREENING/TESTING MAKES THEM EXCELLENT CANDIDATES FOR COLLEGE SCHOLARSHIPS TO THE UNIVERSITY OF KENTUCKY. OUR PROGRAM INCLUDES MENTORING AND PREPARING OUR "KLOEPFER SCHOLARS" FOR SUCCESS IN A COLLEGE ENVIRONMENT. ALSO, THE KLOEPFER FOUNDATION PARTICIPATES IN OTHER CHARITABLE ACTIVITIES FOR THE BENEFIT OF RESIDENTS OF LESLIE COUNTY, KENTUCKY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard D Kloepfer President, D | 2 | $0 | |
Clara E Bixby Director | 1 | $0 | |
Angela M Harris Director | 1 | $0 | |
Shawna R Scott Director | 1 | $0 | |
Michael Bixby Director | 1 | $0 | |
Madison Scott Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $258 |
| Dividends & Interest | $396,284 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $256,456 |
| Capital Gain Net Income | $256,456 |
| Net ST Capital Gain | $185,013 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $932 |
| Total Revenue | $653,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,668 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $5,100 |
| Interest | $0 |
| Taxes | $3,767 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,124 |
| Printing and publications | $1,707 |
| Other expenses | $49,004 |
| Total operating and administrative expenses | $143,732 |
| Contributions, gifts, grants paid | $99,896 |
| Total expenses and disbursements | $243,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,507 |
| 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 | $3,696,376 |
| Accounts payable and accrued expenses | $14,516 |
| 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 | $14,516 |
Grants Awarded
Over the last fiscal year, Kloepfer Family Foundation Inc has awarded $99,896 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
MCKENZIE BELL PURPOSE: COLLEGE TUITION SCHOLARSHIP | $4,500 |
ADRIEONIA FRANCE PURPOSE: COLLEGE TUITION SCHOLARSHIP | $9,917 |
JAEGEN HOWARD PURPOSE: COLLEGE TUITION SCHOLARSHIP | $14,094 |
MADISON MITCHELL PURPOSE: COLLEGE TUITION SCHOLARSHIP | $7,421 |
BAYLEE DAVIDSON PURPOSE: COLLEGE TUITION SCHOLARSHIP | $13,910 |
LYNDSIE LEWIS PURPOSE: COLLEGE TUITION SCHOLARSHIP | $11,004 |