Donald And Mary Kosch Foundation
- Assets
- $4.8m
- Revenue
- $921.1k
- Investments
- $4.3m
- Employees
- 0
- Location
- Dearborn, MI
- Founding
- 02/1994
- Data as of
- 12/2021
- EIN
- 38-3147426
Organization Overview
Donald And Mary Kosch Foundation is located in Dearborn, MI. The organization was established in 1994. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donald And Mary Kosch 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 12/2021, Donald And Mary Kosch Foundation generated $921.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Donald And Mary Kosch Foundation has awarded 168 individual grants totaling $6,518,352. 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 |
|---|---|---|---|
Mary T Kosch Sec/dir | 5 | $0 | |
Donald F Kosch Pres/trs/dir | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $690,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $147,619 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,959 |
| Capital Gain Net Income | $82,959 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $921,078 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,962 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $2,012 |
| Contributions, gifts, grants paid | $2,505,000 |
| Total expenses and disbursements | $2,507,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $457,601 |
| 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 | $1,135,612 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,676 |
| Total assets | $4,807,688 |
| 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, Donald And Mary Kosch Foundation has awarded $2,505,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FIDELITY CHARITABLE GIVING ACCOUNT PURPOSE: GENERAL | $2,500,000 |
BEAUMONT HEALTH FOUNDATION PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunset Retirement Communities Inc Toledo, OH | $108,190,573 | $24,563,176 |
Evergreen Retirement Community Inc Oshkosh, WI | $46,606,171 | $19,424,837 |
Brethren Retirement Community Greenville, OH | $42,948,048 | $21,022,668 |
Friendship Village Of Columbus Ohio Inc Columbus, OH | $29,113,635 | $19,234,809 |
Trinity Continuing Care Services Indiana Inc Farmington Hills, MI | $52,731,208 | $17,209,435 |
Swiss Village Inc Berne, IN | $36,821,357 | $17,319,920 |
South Franklin Circle Chagrin Falls, OH | $119,628,647 | $17,611,481 |
Franklin United Methodist Home Inc Franklin, IN | $75,232,007 | $21,825,584 |
National Regency Of New Berlin Inc Waukesha, WI | $86,663,062 | $22,744,925 |
St Edward Home Fairlawn, OH | $30,387,344 | $18,520,836 |
Clement Manor Inc Greenfield, WI | $19,024,939 | $15,982,774 |
Attic Angel Place Inc Middleton, WI | $40,139,262 | $17,042,390 |