Donnell-Kay Foundation Inc
- Assets
- $27.5m
- Revenue
- $2.7m
- Investments
- $26.9m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 04/2009
- Data as of
- 01/2022
- EIN
- 59-6169704
Organization Overview
Donnell-Kay Foundation Inc is located in Denver, CO. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public 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. Donnell-Kay 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 01/2022, Donnell-Kay Foundation Inc generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $1.5m during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Donnell-Kay Foundation Inc has awarded 162 individual grants totaling $1,233,057. 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
RESCHOOL COLORADO:AN INITATIVE WHERE LEARNING IS REIMAGINED AND STUDENTS GRADUATE ENERGIED AND EQUIPPED TO THRIVE IN A RAPIDLY CHANGING WORLD. IT INTENDS TO IMPROVE THE EXPERIENCE OF EDUCATION IN ORDER TO BETTER MATCH AND KEEP PACE WITH THE NEEDS AND EXCEPTIONS OF STUDENTS LIVING IN THE 21ST CENTURY.
OUT OF SCHOOL LEARNINGYOUNG PEOPLE SPEND AT LEAST 75% OF THEIR WAKING HOURS OUTSIDE OF SCHOOL. OUT OF SCHOOL LEARNING IS NOT A NICE TO HAVE, IT'S A NEED TO HAVE. DK BELIEVES LEARNING HAPPENS EVERYWHERE AND MUCH OF WHAT STUDENTS LEARN COMES FROM OUTSIDE THE CLASSROOM. THESE OUT OF SCHOOL LEARNING EXPERIENCES PROVIDE GREATER SELFESTEEM, MORE PSYCHOLOGICAL RESILIENCE, MORE CIVIC ENGAGEMENT, HIGHER GRADE POINT AVERAGE, HIGHER FUTURE WAGES AND OCCUPATIONAL ATTAINMENT AND STRONGER SOCIAL NETWORKS. UNFORTUNATELY, ACCESS TO OUT OF SCHOOL LEARNING IS NOT EQUITABLE AND DK IS WORKING TO MAKE OUT OF SCHOOL LEARNING EXPERIENCES ATTAINABLE FOR ALL STUDENTS IN COLORADO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Lewis Treasurer | 2 | $0 | |
Amy B Anderson Senior Director | 40 | $195,900 | |
Matthew D Samelson Worker | 28 | $147,025 | |
Jessica A Fuller Worker | 40 | $85,425 | |
Paola Ramirez Worker | 40 | $80,400 | |
Kim Knous Dolan Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $97,434 |
| Dividends & Interest | $702,156 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,923,516 |
| Capital Gain Net Income | $1,923,516 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,723,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $534,252 |
| Pension plans, employee benefits | $159,086 |
| Interest | $0 |
| Taxes | $62,746 |
| Depreciation | $0 |
| Occupancy | $44,985 |
| Travel, conferences, and meetings | $3,484 |
| Printing and publications | $1,271 |
| Other expenses | $188,477 |
| Total operating and administrative expenses | $1,161,259 |
| Contributions, gifts, grants paid | $355,530 |
| Total expenses and disbursements | $1,516,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,265 |
| 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 | $371,673 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,892 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $100,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,509 |
| Total assets | $27,472,221 |
| Accounts payable and accrued expenses | $3,117 |
| 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 | $10,043 |
| Total liabilities | $13,160 |
Grants Awarded
Over the last fiscal year, Donnell-Kay Foundation Inc has awarded $355,530 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO SUCCEEDS PURPOSE: GENERAL OPERATING GRANT | $100,000 |
Denver, CO PURPOSE: GENERAL OPERATING GRANT | $75,000 |
Denver, CO PURPOSE: DEMO PROJECT | $65,000 |
Denver, CO PURPOSE: GENERAL OPERATING GRANT | $25,000 |
Arvada, CO PURPOSE: RURAL FUNDER LEARNING NETWORK | $15,200 |
Canon City, CO PURPOSE: GENERAL OPERATING GRANT | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Donnell-Kay Foundation Inc has recieved totaling $700,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: GENERAL NONPROFIT SUPPORT | $700,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |
Pi Foundation Inc Salt Lake City, UT | $42,544,136 | $12,945,919 |
Sun Angel Foundation Inc Tempe, AZ | $37,255,454 | $9,354,798 |