Kofi A Tawiah Foundation
- Assets
- $1.6m
- Revenue
- $79.2k
- Investments
- $1.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-2946160
Organization Overview
Kofi A Tawiah Foundation is located in Wilmington, DE. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kofi A Tawiah 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, Kofi A Tawiah Foundation generated $79.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $118.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Kofi A Tawiah Foundation has awarded 14 individual grants totaling $1,019,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PILOT CHARACTER DEVELOPMENT CURRICULUM FOR K-12 SCHOOLS IN GHANA: EDUCATIONAL CURRICULUM DEVELOPMENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Banks Dir | 1 | $0 | |
Joe R Mensah Dir | 1 | $0 | |
Jabari K Tawiah Dir | 1 | $0 | |
Jason K Tawiah Dir | 1 | $0 | |
Kofi A Tawiah Pres, Dir, Sec, Treas | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,500 |
| Interest on Savings | $291 |
| Dividends & Interest | $26,654 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,774 |
| Capital Gain Net Income | $1,774 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,219 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,045 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,736 |
| Printing and publications | $0 |
| Other expenses | $14,515 |
| Total operating and administrative expenses | $118,315 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $118,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $94,835 |
| 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 | $1,645,956 |
| 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, Kofi A Tawiah Foundation has awarded $575,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ASHESI UNIVERSITY FOUNDATION PURPOSE: ALL ACADEMIC DISCIPLINES SCHOLARSHIP FUND | $250,000 |
ASHESI UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP FUND | $250,000 |
CHARITIES AID FOUNDATION AMERICA PURPOSE: LEAD FOR GHANA | $20,000 |
CHARITIES AID FOUNDATION AMERICA PURPOSE: LEAD FOR GHANA | $50,000 |
THINKGIVE INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |