Harry K Foundation is located in Rehoboth Beach, DE. The organization was established in 2014. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harry K 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, Harry K Foundation generated $624.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $445.0k during the year ending 12/2021. While expenses have increased by 18.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ALLEVIATE THE PROBLEM OF HUNGER AND FOOD INSECURITY AMONG UNDERPRIVILEGED CHILDREN IN DELAWARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO FOOD BANKS AND EXEMPT ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Glascoe Vice Preside | OfficerTrustee | $0 | |
Haresh B Keswani President | OfficerTrustee | 2 | $0 |
Tarrie Miller Secretary | OfficerTrustee | $0 | |
Lauren S Harper Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $406,489 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $406,489 |
Total Program Service Revenue | $0 |
Investment income | $488 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $217,052 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $624,029 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $318,692 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $28,800 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $23,188 |
Office expenses | $5,953 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,093 |
All other expenses | $5,577 |
Total functional expenses | $444,983 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $664,985 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $664,985 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $664,985 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $664,985 |
Over the last fiscal year, Harry K Foundation has awarded $318,692 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
FOOD BANK OF DELMARVA PURPOSE: UNRESTRICTED | $303,692 |
WHAT IS YOUR VOICE PURPOSE: UNRESTRICTED | $15,000 |
Over the last fiscal year, we have identified 9 grants that Harry K Foundation has recieved totaling $74,118.
Awarding Organization | Amount |
---|---|
Welfare Foundation Inc Wilmington, DE PURPOSE: DESERT OASIS FEEDING PROGRAM | $35,000 |
Laffey-Mchugh Foundation Wilmington, DE PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
Catherine J Mcginnis Family Foundation Leesburg, VA PURPOSE: FOOD FOR THE POOR | $6,500 |
Carl M Freeman Foundation Inc Selbyville, DE PURPOSE: SOCIAL SERVICES | $5,600 |
Leonard And Mildred Igstaedter Foundation Inc Nassau, DE PURPOSE: ASSIST WITH FEEDING THE NEEDY | $5,000 |
Lowe Ii Foundation Inc Palm Beach Gardens, FL PURPOSE: TO AID COMMUNITY SUPPORT | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Learning Lamp Inc Johnstown, PA | $5,123,554 | $8,804,669 |
West Chester University Student Services Inc West Chester, PA | $13,094,103 | $8,544,648 |
Student Association Inc California, PA | $24,020,549 | $6,805,716 |
Student Cooperative Association Inc Indiana, PA | $29,525,625 | $9,645,452 |
Shippensburg University Student Services Inc Shippensburg, PA | $2,959,085 | $3,291,326 |
News Literacy Project Inc Bethesda, MD | $6,963,162 | $5,070,663 |
Kutztown University Student Services Inc Kutztown, PA | $8,214,790 | $4,234,539 |
Community Government Association Of Bloomsburg University Of Pa Bloomsburg, PA | $19,120,941 | $3,395,076 |
Maryland Business Roundtable For Education Inc Baltimore, MD | $721,059 | $3,522,017 |
Penn Hillel Philadelphia, PA | $14,941,250 | $3,257,734 |
Ligonier Valley Learning Center Inc Ligonier, PA | $1,798,717 | $2,940,186 |
I E C Chesapeake Apprenticeship & Training Inc Laurel, MD | $3,113,507 | $2,893,289 |