Olson-Kui Ka Foundation
- Assets
- $692.9k
- Revenue
- $15.6k
- Investments
- $664.2k
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 08/1958
- Data as of
- 12/2022
- EIN
- 38-6074650
Organization Overview
Olson-Kui Ka Foundation is located in Southfield, MI. The organization was established in 1958. 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. Olson-Kui Ka 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, Olson-Kui Ka Foundation generated $15.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $27.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Olson-Kui Ka Foundation has awarded 320 individual grants totaling $218,511. 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 |
|---|---|---|---|
Robert Kulka President | 10 | $0 | |
Terrence B Kulka Vice President | 10 | $0 | |
Barry R Bess Secretary/treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31 |
| Dividends & Interest | $16,115 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$591 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,555 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,151 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,150 |
| Total operating and administrative expenses | $14,687 |
| Contributions, gifts, grants paid | $12,510 |
| Total expenses and disbursements | $27,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,745 |
| 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 | $664,159 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $692,904 |
| 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, Olson-Kui Ka Foundation has awarded $12,510 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
COTS DETROIT PURPOSE: GENERAL FUND | $500 |
DETROIT PUBLIC TV PURPOSE: GENERAL FUND | $360 |
DETROIT INSTITUTE OF ARTS PURPOSE: GENERAL FUND | $250 |
GSP RESCUE OF SOUTHERN CALIFORNIA PURPOSE: GENERAL FUND | $300 |
LIFE CHURCH PURPOSE: GENERAL FUND | $700 |
FRIENDS OF FOSTER KIDS PURPOSE: GENERAL FUND | $500 |