Greater Kansas City Community Foundation
- Assets
- $2.6b
- Revenue
- $540.7m
- Investments
- $139.1m
- Employees
- 120
- Location
- Kansas City, MO
- Founding
- 01/1979
- Data as of
- 12/2022
- EIN
- 43-1152398
Organization Overview
Greater Kansas City Community Foundation is located in Kansas City, MO. The organization was established in 1979. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Greater Kansas City Community Foundation employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Kansas City Community 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, Greater Kansas City Community Foundation generated $540.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $475.9m during the year ending 12/2022. While expenses have increased by 10.1% per year over the past 8 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 2014, Greater Kansas City Community Foundation has awarded 7,753 individual grants totaling $1,196,195,837. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GREATER KANSAS CITY COMMUNITY FOUNDATION HELPS DONORS CREATE THEIR CHARITABLE LEGACIES, SO THEY CAN MAKE THE WORLD A BETTER PLACE.
Describe the Organization's Program Activity:
INCREASING CHARITABLE GIVING: COMMUNITY FOUNDATION DONORS USE THEIR FUNDS TO GRANT TO THEIR FAVORITE CAUSES. IN 2022, DONORS GRANTED $444 MILLION TO NONPROFIT ORGANIZATIONS IN KANSAS CITY AND ACROSS THE COUNTRY. EDUCATING AND CONNECTING DONORS TO THE COMMUNITY NEEDS THEY CARE ABOUT: THE COMMUNITY FOUNDATION WORKS DONOR BY DONOR TO PROVIDE RESEARCH AND RESOURCES TO ASSIST WITH THEIR GIVING, INCLUDING PERSONAL AND FAMILY DISCUSSIONS ABOUT LEGACY AND VALUES, COMPETITVE GRANT PROGRAMS, AND GUIDANCE ON CHARITABLE LANDSCAPES. THE COMMUNITY FOUNDATION PROVIDES EQUITY-BASED LEADERSHIP FOR KEY LOCAL INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Director/president And CEO | OfficerTrustee | 20 | $453,996 |
Name Not Listed Director/vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director/secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Director/past Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director/chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rsm Us Llp Technology Services | 12/30/22 | $689,039 |
Forvis Accounting Services | 12/30/22 | $149,348 |
Capshift Advisors Portfolio Advising | 12/30/22 | $111,359 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $21,087,271 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $417,002,664 |
| Noncash contributions included in lines 1a–1f | $218,844,585 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $438,089,935 |
| Total Program Service Revenue | $5,255,559 |
| Investment income | $40,478,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $51,218,692 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $540,688,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $441,702,401 |
| Grants and other assistance to domestic individuals. | $2,642,430 |
| Grants and other assistance to Foreign Orgs/Individuals | $139,753 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,047,989 |
| Compensation of current officers, directors, key employees. | $199,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,417,045 |
| Pension plan accruals and contributions | $669,861 |
| Other employee benefits | $662,679 |
| Payroll taxes | $578,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,946 |
| Fees for services: Accounting | $213,359 |
| Fees for services: Lobbying | $55,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,680,530 |
| Fees for services: Other | $1,305,225 |
| Advertising and promotion | $270,181 |
| Office expenses | $324,601 |
| Information technology | $1,138,625 |
| Royalties | $0 |
| Occupancy | $561,915 |
| Travel | $67,486 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77,062 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $451,801 |
| Insurance | $218,926 |
| All other expenses | $0 |
| Total functional expenses | $475,885,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $288,404,460 |
| Pledges and grants receivable | $2,386,428 |
| Accounts receivable, net | $6,518,643 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $30,221,459 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,315,679 |
| Net Land, buildings, and equipment | $1,231,498 |
| Investments—publicly traded securities | $2,097,376,265 |
| Investments—other securities | $139,115,772 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,566,570,204 |
| Accounts payable and accrued expenses | $2,320,678 |
| Grants payable | $78,349,609 |
| Deferred revenue | $6,000 |
| 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 | $4,089,549 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $308,207,080 |
| Total liabilities | $392,972,916 |
| Net assets without donor restrictions | $2,153,642,223 |
| Net assets with donor restrictions | $19,955,065 |
| 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 | $2,566,570,204 |
Grants Awarded
Over the last fiscal year, Greater Kansas City Community Foundation has awarded $278,506,610 in support to 1,610 organizations.
| Grant Recipient | Amount |
|---|---|
2020 LEADERSHIP PURPOSE: Youth Development | $7,500 |
350ORG PURPOSE: Environment | $24,240 |
25 PROJECT INC PURPOSE: International, Foreign Affairs & National Security | $10,000 |
40 DAY PRAYER COVENANT INC PURPOSE: Religion-Related | $60,000 |
A BETTER CHANCE INC PURPOSE: Education | $32,500 |
A GREENER WORLD PURPOSE: Food, Agriculture & Nutrition | $1,125,000 |