Joseph F Kraus Jr And Hazel Kraus Human Development Foundation
- Assets
- $1.4m
- Revenue
- $333.1k
- Investments
- $1.4m
- Employees
- 0
- Location
- Lawrenceburg, TN
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-2410025
Organization Overview
Joseph F Kraus Jr And Hazel Kraus Human Development Foundation is located in Lawrenceburg, TN. The organization was established in 2012. 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. Joseph F Kraus Jr And Hazel Kraus Human Development 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, Joseph F Kraus Jr And Hazel Kraus Human Development Foundation generated $333.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $167.9k during the year ending 12/2021. While expenses have increased by 14.6% per year over the past 7 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 2015, Joseph F Kraus Jr And Hazel Kraus Human Development Foundation has awarded 71 individual grants totaling $733,559. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO THE ALL LAWRENCE COUNTY SCHOOLS FOR PE & VAPING PREVENTION PROGRAM
CONTRIBUTION TO SOUTHERN TN HIGHER EDUCATION CENTER
CONTRIBUTIONS TO A KIDS PLACE AND THE SHELTER, INC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Beckman Trustee | 0 | $0 | |
Jane Jennings Trustee | 0 | $0 | |
Tim Pettus Board Chair | 0 | $0 | |
Polly Powell Marsh Trustee | 0 | $0 | |
Kevin Marston Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,971 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $309,168 |
| Capital Gain Net Income | $45,547 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $333,139 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $823 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,880 |
| Contributions, gifts, grants paid | $157,000 |
| Total expenses and disbursements | $167,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $1,367,305 |
| 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, Joseph F Kraus Jr And Hazel Kraus Human Development Foundation has awarded $157,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
LAWRENCE COUNTY SCHOOL SYSTEM PURPOSE: PE & VAPING PREVENTION PROGRAM | $86,800 |
SOUTHERN TN HIGHER EDUCATION CENTER PURPOSE: CONTRIBUTION | $40,000 |
SACRED HEART SCHOOL LAWRENCEBURG PURPOSE: CONTRIBUTION FOR SCHOOL SUPPLIES | $6,600 |
SACRED HEART SCHOOL LORETTO PURPOSE: CONTRIBUTION FOR SCHOOL SUPPLIES | $6,600 |
A KIDS PLACE PURPOSE: CONTRIBUTION | $5,000 |
Lawrenceburg, TN PURPOSE: CONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |