The@kalas Foundation
- Assets
- $1.5m
- Revenue
- $155.3k
- Investments
- $1.5m
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 01/2009
- Data as of
- 12/2022
- EIN
- 30-0472166
Organization Overview
The@kalas Foundation is located in Lancaster, PA. 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. The@kalas 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 12/2022, The@kalas Foundation generated $155.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $113.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, The@kalas Foundation has awarded 224 individual grants totaling $489,607. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKE CHARITABLE DONATIONS TO 501(C)(3) ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Witwer President | 0.3 | $0 | |
Kym Calabretta Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $108,616 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,715 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,787 |
| Capital Gain Net Income | $9,787 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $139 |
| Total Revenue | $155,257 |
| 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 | $2,704 |
| Total operating and administrative expenses | $18,918 |
| Contributions, gifts, grants paid | $94,200 |
| Total expenses and disbursements | $113,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,632 |
| 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 | $1,536,858 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,547,490 |
| 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, The@kalas Foundation has awarded $94,200 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ADAMSTOWN AREA LIBRARY PURPOSE: ANNUAL FUNDS | $2,000 |
B STRONG FIGHT ON FOUNDATION PURPOSE: B STRONG FOUNDATION LEGACY SCHOLARSHIPS | $2,000 |
CENTRAL PENN FOOD BANK PURPOSE: FOOD FOR FAMILIES | $4,000 |
CLARE HOUSE PURPOSE: SUPPLIES TO SUPPORT WOMEN AND CHILDREN | $4,000 |
COCALICO WRESTLING BOOSTER CLUB PURPOSE: PROGRAM FUNDS | $1,000 |
EAGLE PRIDE BASKETBALL PURPOSE: COCALICO BASKETBALL | $1,000 |