Kona Foundation Inc
- Assets
- $682.0k
- Revenue
- $19.1k
- Investments
- $671.8k
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2008
- Data as of
- 12/2022
- EIN
- 45-0571263
Organization Overview
Kona Foundation Inc is located in New York, NY. The organization was established in 2008. 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. Kona Foundation Inc 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, Kona Foundation Inc generated $19.1k 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 (6.3%) each year. All expenses for the organization totaled $50.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Kona Foundation Inc has awarded 105 individual grants totaling $268,088. 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 |
|---|---|---|---|
Daniel B Drachman Dec 102522 Senior Vice President,director | 1 | $0 | |
Jonathan G Drachman Vice President,director | 2 | $0 | |
Jane Sims Secretary,treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,689 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,366 |
| Capital Gain Net Income | $6,366 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $951 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,653 |
| Total operating and administrative expenses | $12,709 |
| Contributions, gifts, grants paid | $37,500 |
| Total expenses and disbursements | $50,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,201 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $682,030 |
| 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, Kona Foundation Inc has awarded $37,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
350ORG PURPOSE: CHARITABLE | $1,000 |
ALLIANCE FOR TOMPOTIKA CONSERVATION PURPOSE: CHARITABLE | $1,000 |
DIAN FOSSEY GORILLA FUND INTERNATIONAL INC PURPOSE: CHARITABLE | $1,000 |
EARTHJUSTICE PURPOSE: CHARITABLE | $1,000 |
KUOW PUGET SOUND PUBLIC RADIO PURPOSE: CHARITABLE | $2,500 |
NATURAL RESOURCES DEFENSE COUNCIL INC PURPOSE: CHARITABLE | $1,000 |