Kosins Family Foundation
- Assets
- $149.1k
- Revenue
- $26.6k
- Investments
- $118.6k
- Employees
- 0
- Location
- Saginaw, MI
- Founding
- 02/1986
- Data as of
- 06/2019
- EIN
- 38-2634177
Organization Overview
Kosins Family Foundation is located in Saginaw, MI. The organization was established in 1986. 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.
For the year ending 06/2019, Kosins Family Foundation generated $26.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $119.5k during the year ending 06/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Kosins Family Foundation has awarded 60 individual grants totaling $240,922. 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 |
|---|---|---|---|
Frumeth Hirsh Polasky Preschair | 1 | $3,000 | |
Marshall Disner Sectreas | 1 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,495 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,070 |
| Capital Gain Net Income | $18,070 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,206 |
| Total operating and administrative expenses | $8,641 |
| Contributions, gifts, grants paid | $110,850 |
| Total expenses and disbursements | $119,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,442 |
| 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 | $74,893 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $149,079 |
| 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, Kosins Family Foundation has awarded $110,850 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CHABAD OF EASTERN MICHIGAN PURPOSE: 501C3 CHARITABLE | $16,000 |
HEBREW FREE LOAN SOCIETY PURPOSE: 501C3 CHARITABLE | $2,500 |
LUBAVITCH YESHIVAS OF DETROIT PURPOSE: 501C3 CHARITABLE | $17,600 |
ISAAC AGREE DOWNTOWN SYNAGOGUE PURPOSE: 501C3 CHARITABLE | $4,000 |
JARC PURPOSE: 501C3 CHARITABLE | $3,500 |
THE JEWISH HOSPICE CHAPLAINCY PURPOSE: 501C3 CHARITABLE | $2,500 |