Michael J And Carla J Kilbane Family Foundation
- Assets
- $1.8m
- Revenue
- $84.5k
- Investments
- $1.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-1610196
Organization Overview
Michael J And Carla J Kilbane Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael J And Carla J Kilbane Family 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, Michael J And Carla J Kilbane Family Foundation generated $84.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $122.4k during the year ending 12/2022. While expenses have increased by 10.7% 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 2016, Michael J And Carla J Kilbane Family Foundation has awarded 114 individual grants totaling $557,100. 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 |
|---|---|---|---|
Carla J Kilbane Dir | 1 | $0 | |
Michael J Kilbane Pres, Dir, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,415 |
| Dividends & Interest | $25,237 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,816 |
| Capital Gain Net Income | $62,809 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,468 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,525 |
| Total operating and administrative expenses | $8,925 |
| Contributions, gifts, grants paid | $113,500 |
| Total expenses and disbursements | $122,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $189,740 |
| 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 | $467,670 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,760,631 |
| 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, Michael J And Carla J Kilbane Family Foundation has awarded $113,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
DELTA UPSILON EDUCATIONAL FOUNDATION INC PURPOSE: 2022-2023 ANNUAL LOYALTY FUND | $2,500 |
CHICAGO CHILDRENS ADVOCACY CENTER PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
CROHN'S & COLITIS FOUNDATION OF AMERICA - ILLINOIS PURPOSE: CHARITABLE EVENT | $10,000 |
ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHICAGO PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
ERIKAS LIGHTHOUSE A BEACON OF HOPE FOR ADOLESCENT PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
IC CATHOLIC PREP PURPOSE: GENERAL & UNRESTRICTED | $1,000 |