Courage Kenny Foundation
- Assets
- $0.0
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/2019
- Data as of
- 04/2022
- EIN
- 41-1952989
Organization Overview
Courage Kenny Foundation is located in Minneapolis, MN. The organization was established in 2019. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Courage Kenny 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 04/2022, Courage Kenny Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $1.6m during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (23.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Courage Kenny Foundation has awarded 45 individual grants totaling $64,936,735. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS AND ENGAGE THE COMMUNITY TO SUPPORT HEALTH AND INDEPENDENCE FOR THOSE WITH FUNCTIONAL LIMITATIONS THROUGH COURAGE KENNY REHAB'S COMPREHENSIVE CONTINUUM OF TRANSFORMATIVE SERVICES, RESEARCH AND INNOVATION, AND PUBLIC ADVOCACY. WITH THE FOUNDATION'S SUPPORT, THE CONTINUUM ENRICHES LIVES AND PROVIDES A LEVEL OF CARE ABOVE AND BEYOND THE CORE MEDICAL SERVICES PROVIDED BY ALLINA HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
$1,100,000 TO SUPPORT THE PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY SERVICES, INPATIENT REHABILITATIVE SERVICES, COMMUNITY BASED SERVICES, INDEPENDENT LIVING SKILLS (ILS) PROGRAM AND SPORTS AND RECREATION PROGRAMS OF COURAGE KENNY REHABILITATION INSTITUTE, AN UNINCORPORATED DIVISION OF ALLINA HEALTH SYSTEM. COURAGE KENNY REHABILITATION INSTITUTE (CKRI) CKRI REHABILITATIVE PROGRAMS WERE CREATED TO ASSIST PEOPLE ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE, HEALTH AND WELLNESS THROUGH THEIR SERVICES, INNOVATIVE PROGRAMS, GROUND-BREAKING RESEARCH, AND BARRIER-SHATTERING ADVOCACY. THEY OFFER PHYSICAL, OCCUPATIONAL AND SPEECH REHABILITATION THERAPY TO ACHIEVE OUTCOMES TO FUNCTION AS INDEPENDENTLY AS POSSIBLE FOR PEOPLE TO BE ABLE TO LIVE, WORK AND PLAY TO THEIR FULL POTENTIAL. $11,565 PURCHASED EQUIPMENT AND SOFTWARE TO PROVIDE HANDS-ONE JOB SIMULATION IN A SUPPORTIVE ENVIRONMENT FOR YOUTH WHO HAVE NOT WORKED BEFORE.$10,917 PROVIDED AN INTRO TO VIDEO STORYTELLING CLASS: ALONG WITH FILMNORTH, FILMMAKING CLASSES FOR PATIENTS WITH NEWLY ACQUIRED DISABILITIES IN THE TRANSITIONAL REHAB PROGRAM TO RECORD RECOVERY PROCESS AND LEARN ADAPTIVE ARTISTIC SKILLS.$3,502 PURCHASED ADAPTIVE ENVIRONMENTAL CONTROLS TO ALLOW PATIENTS TO CONTROL THEIR SURROUNDING ENVIRONMENT - LIGHTING, TEMP, BODY POSITION AND OTHER ENVIRONMENTAL ELEMENTS FROM BED OR CHAIR WITH ADAPTATIONS FOR MOST PEOPLE WITH DISABILITIES TO BE ACHIEVE THESE CHANGES.
CAPITAL GRANT TO PURCHASE SPECIALIZED THERAPY EQUIPMENT FOR THE EXPANDED TRANSITIONAL REHAB PROGRAM TO IMPROVE AND ACCELERATE CLIENT OUTCOMES.
GRANTS TO OTHERS IN THE AMOUNT OF $77,274 WERE PAID TO SIX 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Ortner Director/president | OfficerTrustee | 32 | $0 |
Richard Magnuson CFO | Officer | 2 | $0 |
Modena Henderson Director | Trustee | 2 | $0 |
Steve Coleman Director | Trustee | 2 | $0 |
Tim Gunderson Director | Trustee | 2 | $0 |
James Gresham Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Star Tribune Media Company Llc Advertising | 12/30/16 | $149,544 |
Ruffalo Noel Levitz Telefundraising | 12/30/16 | $108,695 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,368 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $346,249 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $896,675 |
| Noncash contributions included in lines 1a–1f | $28,079 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,247,292 |
| Total Program Service Revenue | $0 |
| Investment income | $118,822 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,255 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$15,865 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,346,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,290,858 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $35 |
| Office expenses | $61,727 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $291 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | -$22,743 |
| Total functional expenses | $1,637,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Courage Kenny Foundation has awarded $1,288,558 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: SUPPORT COURAGE KENNY PROGRAM COSTS AND PROVIDE PATIENT CARE EQUIPMENT | $1,125,984 |
Minneapolis, MN PURPOSE: SPECIALIZED THERAPY EQUIPMENT FOR THE EXPANDED TRANSITIONAL REHAB PROGRAM | $87,600 |
Annandale, MN PURPOSE: GENERAL SUPPORT FOR CAMP PROVIDING EXPERIENCES ENHANCING INDEPENDENCE AND SELF-ESTEEM FOR THOSE WITH DISABILITIES; THERAPEUTIC HORSEBACK RIDING PROGRAM; ENDOWMENT FUND | $52,974 |
Minneapolis, MN PURPOSE: GENERAL SUPPORT FOR CHILDREN'S OF MINNESOTA FOUNDATION, MIDWEST FETAL CARE | $22,000 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Courage Kenny Foundation has recieved totaling $441,525.
| Awarding Organization | Amount |
|---|---|
St Croix Valley Foundation Hudson, WI PURPOSE: GENERAL OPERATING | $153,071 |
Minneapolis Foundation Minneapolis, MN PURPOSE: HEALTH | $80,713 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $53,531 |
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $33,500 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $32,006 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $19,475 |
Endowment Analysis
| Beg. Balance | $22,506,901 |
| Earnings | $86,189 |
| Net Contributions | $18 |
| Other Expense | $830,504 |
| Ending Balance | $21,762,604 |