William A Kerr Foundation
- Assets
- $18.0m
- Revenue
- $1.5m
- Investments
- $17.9m
- Employees
- 0
- Location
- Chesterfield, MO
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 43-1770857
Organization Overview
William A Kerr Foundation is located in Chesterfield, MO. The organization was established in 1998. 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. William A Kerr 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, William A Kerr Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 6.8% per year over the past 3 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 2021, William A Kerr Foundation has awarded 133 individual grants totaling $1,500,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John H K Sweet Trustee | 30 | $57,600 | |
William R Sweet Trustee | 10 | $57,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $351,718 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,136,074 |
| Capital Gain Net Income | $1,136,074 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,033 |
| Total Revenue | $1,493,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $115,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $19,815 |
| Taxes | $13,698 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,741 |
| Total operating and administrative expenses | $413,986 |
| Contributions, gifts, grants paid | $840,000 |
| Total expenses and disbursements | $1,253,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,273 |
| Net Accounts receivable | $5,225 |
| 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 | $3,508,171 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,039,005 |
| 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 | $331,644 |
| Total liabilities | $331,644 |
Grants Awarded
Over the last fiscal year, William A Kerr Foundation has awarded $840,000 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
DESALES COMMUNITY DEVELOPMENT PURPOSE: CHARITABLE FOUNDATION | $2,500 |
ARTICA PURPOSE: CHARITABLE FOUNDATION | $1,500 |
ARCH CITY DEFENDERS INC PURPOSE: CHARITABLE FOUNDATION | $1,000 |
BAY AREA LEEDS PURPOSE: CHARITABLE FOUNDATION | $10,000 |
BE WELL CAFE PURPOSE: CHARITABLE FOUNDATION | $105,000 |
BIG BROTHERS BIG SISTERS OF EASTERN MO PURPOSE: CHARITABLE FOUNDATION | $5,000 |