Walt & Lee Keenihan Foundation Inc
- Assets
- $919.7k
- Revenue
- $21.3k
- Investments
- $891.8k
- Employees
- 0
- Location
- Sherwood, AR
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-0963364
Organization Overview
Walt & Lee Keenihan Foundation Inc is located in Sherwood, AR. The organization was established in 2015. 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. Walt & Lee Keenihan 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 12/2023, Walt & Lee Keenihan Foundation Inc generated $21.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (23.9%) each year. All expenses for the organization totaled $95.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Mcgilvray President | 0.25 | $0 | |
Jennifer Franecke Secretary | 0.25 | $0 | |
Cody Beight V. President | 0.25 | $0 | |
Kelsey Beight Officer | 0.25 | $0 | |
Tj Lawhon Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $23,987 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,678 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,234 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,863 |
| Total operating and administrative expenses | $20,405 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $95,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,989 |
| Savings and temporary cash investments | $9,868 |
| 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 | $891,798 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $919,655 |
| 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, Walt & Lee Keenihan Foundation Inc has awarded $75,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BEYOND BOUNDARIES PURPOSE: CHARITABLE CONTRIBUTION | $40,000 |
COMMUNITY CONNECTIONS PURPOSE: CHARITABLE CONTRIBUTION | $20,000 |
ACCESS PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
CAMP ALDERSGATE PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
SPECIAL OLYMPICS ARKANSAS PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |