The D Dan And Betty Kahn Foundation
- Assets
- $0.0
- Revenue
- $4.2m
- Investments
- $99.5m
- Employees
- 0
- Location
- Troy, MI
- Founding
- 08/1987
- Data as of
- 03/2021
- EIN
- 38-2712361
Organization Overview
The D Dan And Betty Kahn Foundation is located in Troy, MI. The organization was established in 1987. 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. D Dan And Betty Kahn 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 03/2021, D Dan And Betty Kahn Foundation generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.3% each year . All expenses for the organization totaled $7.7m during the year ending 03/2021. While expenses have increased by 14.7% per year over the past 6 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 2015, D Dan And Betty Kahn Foundation has awarded 173 individual grants totaling $52,399,465. 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 |
|---|---|---|---|
Lawrence A Wolfe President / Trustee | 1 | $0 | |
Patrice Aaron Vice President / Trustee | 1 | $0 | |
Arthur Weiss Secretary / Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mercer | 3/30/23 | $105,299 |
Jaffee Raitt Heuer & Weiss | 3/30/23 | $126,364 |
Us Bank | 3/30/23 | $70,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,960 |
| Interest on Savings | $0 |
| Dividends & Interest | $967,754 |
| Profit on Inventory Sales | $0 |
| Other Income | -$30,116 |
| Total Revenue | $4,220,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $449,377 |
| Contributions, gifts, grants paid | $7,292,281 |
| Total expenses and disbursements | $7,741,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,664,880 |
| Investments—mortgage loans | $0 |
| Investments—other | $80,416,185 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The D Dan And Betty Kahn Foundation has awarded $10,560,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH WORLD SERVICE PURPOSE: GENERAL CHARITABLE SUPPORT | $50,000 |
GARY BURNSTEIN COMMUNITY HEALTH CLINIC PURPOSE: FOOD & EDUCATION GRANT | $25,000 |
CONGREGATION TCHIYAH PURPOSE: GENERAL CHARITABLE SUPPORT | $25,000 |
HIGHER HOPES PURPOSE: 1,000 TURKEYS / 1,000 SMILES PROJECT | $25,000 |
HAZON PURPOSE: GENERAL CHARITABLE PURPOSE | $150,000 |
INSIDEOUT LITERARY ARTS PURPOSE: SELF EMPLOYMENT THROUGH SELF EXPRESSION | $50,000 |