Kanter Family Foundation
- Assets
- $8.7m
- Revenue
- $953.4k
- Investments
- $8.3m
- Employees
- 0
- Location
- Sandy, UT
- Founding
- 08/1990
- Data as of
- 10/2023
- EIN
- 36-3682199
Organization Overview
Kanter Family Foundation is located in Sandy, UT. The organization was established in 1990. 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. Kanter Family 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 10/2023, Kanter Family Foundation generated $953.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $701.2k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kanter Family Foundation has awarded 599 individual grants totaling $5,962,687. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel S Kanter Pres / Trea / Director | 5 | $0 | |
Joshua S Kanter VP / Sec / Director | 5 | $0 | |
Janis S Kanter VP / Director | 5 | $0 | |
Ricki Kanter VP / Director | 5 | $0 | |
Catherine M Kanter VP / Director | 2 | $0 | |
Thomas Mccormick VP / Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,252 |
| Dividends & Interest | $100,518 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $803,091 |
| Capital Gain Net Income | $803,091 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,558 |
| Total Revenue | $953,419 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $39,699 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $118,902 |
| Total operating and administrative expenses | $158,925 |
| Contributions, gifts, grants paid | $542,300 |
| Total expenses and disbursements | $701,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,013 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $395 |
| 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 | $3,335,731 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,730,931 |
| 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, Kanter Family Foundation has awarded $542,300 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
AND JUSTICE FOR ALL PURPOSE: SUPPORT CHARITABLE PURPOSE | $10,000 |
CROHN'S AND COLITIS FOUNDATION PURPOSE: SUPPORT CHARITABLE PURPOSE | $12,500 |
TULANE UNIVERSITY PURPOSE: SUPPORT CHARITABLE PURPOSE | $2,500 |
THE LANGLEY SCHOOL PURPOSE: SUPPORT CHARITABLE PURPOSE | $2,500 |
TULANE UNIVERSITY PURPOSE: SUPPORT CHARITABLE PURPOSE | $2,500 |
UNIVERSITY OF SOUTHERN CALIFORNIA PURPOSE: SUPPORT CHARITABLE PURPOSE | $5,000 |