Commerce Foundation

Organization Overview

Commerce Foundation is located in Kansas City, MO. The organization was established in 1954. 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. Commerce 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 12/2021, Commerce Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 9.9% 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 2019, Commerce Foundation has awarded 2,365 individual grants totaling $6,836,613. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $40,203
Dividends & Interest $995,846
Net Rental Income$0
Net Gain on Sale of Assets $381,683
Capital Gain Net Income $381,683
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,417,732

Grants Awarded

Over the last fiscal year, Commerce Foundation has awarded $2,143,955 in support to 747 organizations.

Grant RecipientAmount

UNITED WAY OF GREATER ST LOUIS INC

PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.

$59,250

UNITED WAY OF GREATER ST LOUIS INC

PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.

$59,250

UNITED WAY OF GREATER ST LOUIS INC

PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.

$59,250

UNITED WAY OF GREATER ST LOUIS INC

PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.

$59,250

UNITED WAY OF GREATER KANSAS CITY INC

Org PageRecipient Profile

Kansas City, MO

PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.

$42,628

UNITED WAY OF GREATER KANSAS CITY INC

Org PageRecipient Profile

Kansas City, MO

PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.

$42,628
View Grant Profile

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