Kyiv Mohyla Foundation Of America
- Assets
- $3.1m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 31-1802810
Organization Overview
Kyiv Mohyla Foundation Of America is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Kyiv Mohyla Foundation Of America employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kyiv Mohyla Foundation Of America 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, Kyiv Mohyla Foundation Of America generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $482.8k during the year ending 12/2022. While expenses have increased by 6.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS TO SCHOOLS OF HIGHER LEARNING, INSTITUTIONS THAT PROMOTE EXCELLENCE IN EDUCATION AND CONTRIBUTE TO THE DEVELOPMENT OF AN OPEN SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED WORK TOWARDS RE-ESTABLISHING KYIV-MOHYLA ACADEMY (KMA) IN KIEV, UKRAINE SINCE THE FALL OF THE SOVIET UNION. ACCOMPLISHMENTS INCLUDE - >EXCHANGE PROGRAMS WITH KMA STUDENTS AND FACULTY>ESTABLISHMENT AND ELEVATION OF THE ACADEMIC AND RESEARCH STANDARDS OF THE KMA LIBRARY, THE SCHOOLS OF PUBLIC HEALTH, LAW , JOURNALISM, AND BUSINESS, INCLUDING ORIENTAL STUDIES AND HOLDOMOR STUDIES INTO ITS ACADEMIC PROGRAMS, AS WELL AS THE FIRST PH.D. PROGRAM IN UKRAINE BASED ON WESTERN ACADEMIC STANDARDS. THE LAW SCHOOL HAS BEEN NAMED NUMBER ONE IN UKRAINE AND ITS STUDENT TEAMS ARE WINNING TOP AWARDS IN EUROPEAN LAW COMPETITIONS.>FUNDING OF STUDENT SCHOLARSHIPS, FACULTY FELLOWSHIPS AND VARIOUS ACADEMIC EXCHANGES WITH UNIVERSITIES IN THE UNITED STATES.>ESTABLISHMENT OF THE ELECTRONIC LIBRARY OF UKRAINE (ELIBUKR), A PROJECT THAT PROVIDES ACCESS TO ELECTRONIC INFORMATION FOR UNIVERSITY LIBRARIES IN UKRAINE.>THE UNIVERSITY ESTABLISHED THREE POST TRAUMATIC STRESS DISORDER CENTERS AND COLLABORATES ON A GRANT WITH JOHN HOPKINS UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marta Farion President | OfficerTrustee | 40 | $60,000 |
Yuriy Gorodnichenko Chairman | OfficerTrustee | 1 | $0 |
Motria Melnyk Corporate Secretary | OfficerTrustee | 1 | $0 |
Marko Supronyuk Treasurer | OfficerTrustee | 1 | $0 |
David Bishop Director Of Endowment | OfficerTrustee | 1 | $0 |
Dr Viacheslav S Briukhovetsky Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,055 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,782,335 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,800,390 |
| Total Program Service Revenue | $0 |
| Investment income | $5,813 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,806,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $298,307 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,440 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,508 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,864 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,373 |
| Fees for services: Other | $14,643 |
| Advertising and promotion | $631 |
| Office expenses | $5,259 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,517 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,540 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $394 |
| Insurance | $0 |
| All other expenses | $1,595 |
| Total functional expenses | $482,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,413,339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $791 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $198 |
| Investments—publicly traded securities | $716,909 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,131,237 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,832,443 |
| Net assets with donor restrictions | $298,794 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,131,237 |