Richard P Kimmel And Laurine Kimmel Charitable Foundation Inc
- Assets
- $15.8m
- Revenue
- $1.0m
- Investments
- $13.0m
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 02/1989
- Data as of
- 12/2022
- EIN
- 36-3617581
Organization Overview
Richard P Kimmel And Laurine Kimmel Charitable Foundation Inc is located in Lincoln, NE. The organization was established in 1989. 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. Richard P Kimmel And Laurine Kimmel Charitable 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 12/2022, Richard P Kimmel And Laurine Kimmel Charitable Foundation Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest L Weyeneth Past Preside | 15 | $121,337 | |
Leonard Weyeneth President | 15 | $46,250 | |
Patricia Holmes Vice Preside | 2 | $0 | |
Tyler Crownover Director | 2 | $0 | |
Kyle Ryan Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22,002 |
| Dividends & Interest | $468,903 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $546,314 |
| Capital Gain Net Income | $546,314 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,816 |
| Total Revenue | $1,047,035 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $167,587 |
| Other employee salaries and wages | $171,257 |
| Pension plans, employee benefits | $47,323 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $43,425 |
| Occupancy | $73,912 |
| Travel, conferences, and meetings | $11,151 |
| Printing and publications | $4,148 |
| Other expenses | $86,116 |
| Total operating and administrative expenses | $621,707 |
| Contributions, gifts, grants paid | $2,021,314 |
| Total expenses and disbursements | $2,643,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $549,788 |
| Savings and temporary cash investments | $1,675,242 |
| 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 | $559,149 |
| Other assets | $4,850 |
| Total assets | $15,783,972 |
| 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 | $10,252 |
| Total liabilities | $10,252 |
Grants Awarded
Over the last fiscal year, Richard P Kimmel And Laurine Kimmel Charitable Foundation Inc has awarded $2,021,314 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KIMMEL ORCHARD & RESEARCH PURPOSE: CONTINUING EDUCATION/RESEARCH | $1,300,000 |
SEE ATTACHMENT PURPOSE: PUBLIC CHARITY | $654,222 |
KREGEL WINDMILL FDN PURPOSE: FDN GALLERY | $67,092 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |