Koenig Private Foundation Inc
- Assets
- $3.6m
- Revenue
- $1.3m
- Investments
- $2.1m
- Employees
- 0
- Location
- Solomons, MD
- Founding
- 04/2001
- Data as of
- 06/2021
- EIN
- 54-2010650
Organization Overview
Koenig Private Foundation Inc is located in Solomons, MD. The organization was established in 2001. 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. Koenig Private 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 06/2021, Koenig Private Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $811.9k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES ANNMARIE GARDENS, A BOTANICAL SCULPTURE GARDEN OPEN TO THE PUBLIC, LOCATED IN CALVERT COUNTY MARYLAND. EXPENDITURES INCLUDED OPERATING EXPENSES TOTALING APPROXIMATELY $800,000 PLUS NET CAPITAL EXPENDITURES FOR USE OF ASSETS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Hann-Ruff Assistant Secretary | 40 | $104,116 | |
Jaimie L Jeffrey Curator/deputy Direc | 40 | $65,631 | |
Pamela Ritter-Shilling Margeting Developmen | 40 | $65,598 | |
Victor S Mellon Grounds Manager | 40 | $60,834 | |
Joann Foltz Director Of Marketin | 40 | $52,598 | |
Crystal Seay Guest Services | 40 | $49,367 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $922,538 |
| Interest on Savings | $79 |
| Dividends & Interest | $16,710 |
| Net Rental Income | $16,439 |
| Net Gain on Sale of Assets | $384,382 |
| Capital Gain Net Income | $384,382 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,340,148 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $104,116 |
| Other employee salaries and wages | $530,980 |
| Pension plans, employee benefits | $79,631 |
| Interest | $0 |
| Taxes | $56,172 |
| Depreciation | $15,813 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,343 |
| Total operating and administrative expenses | $811,940 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $811,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,717 |
| Savings and temporary cash investments | $228,334 |
| 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 | $1,206,748 |
| Other assets | $3,300 |
| Total assets | $3,612,891 |
| Accounts payable and accrued expenses | $4,838 |
| Grants payable | $0 |
| Deferred revenue | $750 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,588 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Koenig Private Foundation Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Van Metre Family Foundation Inc Fairfax, VA PURPOSE: COMMUNITY ASSISTANCE | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |