Kohl Foundation
- Assets
- $22.6m
- Revenue
- $2.2m
- Investments
- $21.2m
- Employees
- 0
- Location
- Grapevine, TX
- Founding
- 05/2013
- Data as of
- 11/2021
- EIN
- 36-3214720
Organization Overview
Kohl Foundation is located in Grapevine, TX. The organization was established in 2013. 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. Kohl 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 11/2021, Kohl Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.7m during the year ending 11/2021. While expenses have increased by 3.0% per year over the past 3 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.
Since 2020, Kohl Foundation has awarded 117 individual grants totaling $1,944,000. 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 |
|---|---|---|---|
Caroline Kohl Vice President/director | 37.5 | $107,367 | |
Atlee Kohl Treasurer/director | 10 | $68,900 | |
Marian K Briscoe Vice President/director | 16.5 | $56,522 | |
Nicole F Kohl President | 2 | $0 | |
Shelly Cates Asst Treasurer | 20 | $0 | |
Clayton Kohl Vice President/director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $87,600 |
| Interest on Savings | $2,453 |
| Dividends & Interest | $1,383,660 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $674,667 |
| Capital Gain Net Income | $674,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,645 |
| Total Revenue | $2,150,025 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $232,789 |
| Other employee salaries and wages | $130,370 |
| Pension plans, employee benefits | $55,928 |
| Interest | $0 |
| Taxes | $206,092 |
| Depreciation | $182 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $64 |
| Printing and publications | $2,086 |
| Other expenses | $44,786 |
| Total operating and administrative expenses | $734,264 |
| Contributions, gifts, grants paid | $965,200 |
| Total expenses and disbursements | $1,699,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,066 |
| Savings and temporary cash investments | $1,368,756 |
| 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 | $183 |
| Other assets | $0 |
| Total assets | $22,612,480 |
| 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, Kohl Foundation has awarded $965,200 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
Southlake, TX PURPOSE: GENERAL SUPPORT | $112,200 |
Dallas, TX PURPOSE: GENERAL SUPPORT | $50,000 |
GRACE PURPOSE: GENERAL SUPPORT | $30,000 |
MIAMI HERBERT BUSINESS SCHOOL PURPOSE: GENERAL SUPPORT | $29,000 |
Plano, TX PURPOSE: GENERAL SUPPORT | $25,000 |
AUSTIN STREET SHELTER PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |