W J And Lillian Kemler Foundation
- Assets
- $881.7k
- Revenue
- $95.1k
- Investments
- $853.8k
- Employees
- 0
- Location
- Troy, MI
- Founding
- 01/1998
- Data as of
- 11/2023
- EIN
- 38-3384888
Organization Overview
W J And Lillian Kemler Foundation is located in Troy, MI. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. W J And Lillian Kemler 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 11/2023, W J And Lillian Kemler Foundation generated $95.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $94.8k during the year ending 11/2023. While expenses have increased by 8.8% per year over the past 4 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 2020, W J And Lillian Kemler Foundation has awarded 35 individual grants totaling $281,870. 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
THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSES SOLELY THROUGH A PROGRAM OF MAKING CHARITABLE GIFTS AND GRANTS AND DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES OR PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Savage President | 5 | $0 | |
James Savage Director | 1 | $0 | |
Carolyn Jones Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $205 |
| Dividends & Interest | $34,226 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,649 |
| Capital Gain Net Income | $60,649 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,140 |
| Total operating and administrative expenses | $20,040 |
| Contributions, gifts, grants paid | $74,770 |
| Total expenses and disbursements | $94,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,869 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $881,674 |
| 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, W J And Lillian Kemler Foundation has awarded $74,770 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CORPORATE ACCOUNTABILITY INTERNATIONAL PURPOSE: UNRESTRICTED USE | $10,000 |
DETROIT PUBLIC TELEVISION PURPOSE: UNRESTRICTED USE | $10,000 |
BIG BROTHERS BIG SISTERS OF AMERICA PURPOSE: UNRESTRICTED USE | $1,652 |
GRATIOT COUNTY HISTORICAL AND GENEALOGICAL SOCIETY PURPOSE: UNRESTRICTED USE | $2,500 |
FORGOTTEN HARVEST PURPOSE: UNRESTRICTED USE | $5,000 |
MICHIGAN HISTORY FOUNDATION INC PURPOSE: UNRESTRICTED USE | $5,000 |