Keats Family Foundation Inc
- Assets
- $483.6k
- Revenue
- $44.0k
- Investments
- $350.9k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 09/1989
- Data as of
- 06/2022
- EIN
- 52-1645642
Organization Overview
Keats Family Foundation Inc is located in Bethesda, MD. The organization was established in 1989. 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. Keats Family 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 06/2022, Keats Family Foundation Inc generated $44.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $50.7k during the year ending 06/2022. While expenses have increased by 7.5% 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 2015, Keats Family Foundation Inc has awarded 191 individual grants totaling $423,675. 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 |
|---|---|---|---|
Robert M Keats Pres&treas&dir | 0 | $0 | |
Karen H Keats V.p.&sec.&direc | 0 | $0 | |
Dale K Lipnick Director | 0 | $0 | |
Gregory A Keats Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,172 |
| Dividends & Interest | $6,071 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,741 |
| Capital Gain Net Income | $31,741 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $555 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $406 |
| Total operating and administrative expenses | $4,053 |
| Contributions, gifts, grants paid | $46,625 |
| Total expenses and disbursements | $50,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,708 |
| Savings and temporary cash investments | $0 |
| 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 | $483,618 |
| 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 | $555 |
| Total liabilities | $555 |
Grants Awarded
Over the last fiscal year, Keats Family Foundation Inc has awarded $46,625 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
PALM BEACH SYNAGOGUE PURPOSE: GENERAL PURPOSE | $18,000 |
BRIGHTRIGHT ISRAEL FOUNDATION PURPOSE: GENERAL PURPOSE | $5,000 |
Denver, CO PURPOSE: GENERAL PURPOSE | $5,000 |
CHABAD OF PALM BEACH GARDENS PURPOSE: GENERAL PURPOSE | $4,500 |
CHABAD OF SOUTH PALM BEACH PURPOSE: GENERAL PURPOSE | $3,000 |
ISRAEL CANCER ASSOCIATION PURPOSE: GENERAL PURPOSE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Head & Heart Foundation Tr Wilmington, DE | $258,907,072 | $16,871,801 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
National Minority Quality Forum Inc Washington, DC | $4,852,871 | $11,649,230 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |
Robert H Smith Family Foundation Arlington, VA | $10,315,724 | -$3,599,936 |