Donald And Mary Kosch Foundation
- Assets
- $5.4m
- Revenue
- $595.3k
- Investments
- $4.5m
- Employees
- 0
- Location
- Dearborn, MI
- Founding
- 02/1994
- Data as of
- 12/2022
- 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 12/2022, Donald And Mary Kosch Foundation generated $595.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $38.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Donald And Mary Kosch Foundation has awarded 170 individual grants totaling $6,553,352. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald F Kosch Pres/trs/dir | 5 | $0 | |
Mary T Kosch Sec/dir | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $340,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $177,167 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,089 |
| Capital Gain Net Income | $78,089 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $595,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,757 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,757 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $38,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $821,132 |
| 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 | $3,875 |
| Total assets | $5,364,187 |
| 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 $35,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BEAUMONT HEALTH FOUNDATION PURPOSE: GENERAL | $10,000 |
VISTA MARIA PURPOSE: GENERAL | $25,000 |