F M Kirby Foundation Inc
- Assets
- $309.1m
- Revenue
- $22.4m
- Investments
- $307.4m
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 03/1932
- Data as of
- 12/2022
- EIN
- 51-6017929
Organization Overview
F M Kirby Foundation Inc is located in Morristown, NJ. The organization was established in 1932. 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. F M Kirby 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 12/2022, F M Kirby Foundation Inc generated $22.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $16.3m during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 4 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 2020, F M Kirby Foundation Inc has awarded 757 individual grants totaling $44,666,200. 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 |
|---|---|---|---|
S Dillard Kirby Director | 2 | $0 | |
Jefferson W Kirby Vice President | 2 | $0 | |
Justin J Kiczek Executive Vice President | 35 | $191,100 | |
Diana L Kostas Treasurer/secretary | 35 | $148,053 | |
Joann F Tiefau Program Officer | 35 | $134,316 | |
Laura H Virkler Chairperson | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Walter Scott & Partners Limited | 12/30/22 | $697,238 |
Vanguard Advisory Services | 12/30/22 | $77,506 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,326,683 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,070,845 |
| Capital Gain Net Income | $5,070,845 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,923 |
| Total Revenue | $22,400,451 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $540,386 |
| Other employee salaries and wages | $185,599 |
| Pension plans, employee benefits | $172,993 |
| Interest | $0 |
| Taxes | $350,893 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $25,278 |
| Printing and publications | $7,232 |
| Other expenses | $131,042 |
| Total operating and administrative expenses | $2,359,411 |
| Contributions, gifts, grants paid | $13,941,300 |
| Total expenses and disbursements | $16,300,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,420 |
| Savings and temporary cash investments | $69,272 |
| 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 | $10,623,738 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,630,691 |
| Total assets | $309,131,938 |
| Accounts payable and accrued expenses | $507,753 |
| 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 | $768,522 |
| Total liabilities | $1,276,275 |
Grants Awarded
Over the last fiscal year, F M Kirby Foundation Inc has awarded $14,966,550 in support to 254 organizations.
| Grant Recipient | Amount |
|---|---|
ADIRONDACK EXPERIENCE PURPOSE: IN SUPPORT OF 501C3 PURPOSE | $25,000 |
ADIRONDACK EXPLORER PURPOSE: FOR: SUPPORT OF ADIRONDACK WATER REPORTING PROJECT AND RELATED ENVIRONMENTAL REPORTING PROJECTS | $10,000 |
ADIRONDACK LAND TRUST INC PURPOSE: IN SUPPORT OF 501C3 PURPOSE | $35,000 |
ALFRE INC PURPOSE: IN SUPPORT OF 501C3 PURPOSE | $25,000 |
ALZHEIMER'S ASSOCIATIONNATIONAL OFFICE PURPOSE: FOR: SUPPORT FOR EARLY-CAREER INVESTIGATORS THROUGH THE INTERNATIONAL RESEARCH GRANT PROGRAM | $125,000 |
ALZHEIMER'S NEW JERSEY INC PURPOSE: IN SUPPORT OF 501C3 PURPOSE | $25,000 |