Kosair Charities Committee Inc
- Assets
- $326.9m
- Revenue
- $23.1m
- Investments
- $18.2m
- Employees
- 24
- Location
- Louisville, KY
- Founding
- 12/1939
- Data as of
- 09/2021
- EIN
- 61-0514703
Organization Overview
Kosair Charities Committee Inc is located in Louisville, KY. The organization was established in 1939. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 09/2021, Kosair Charities Committee Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kosair Charities Committee 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 09/2021, Kosair Charities Committee Inc generated $23.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $24.9m during the year ending 09/2021. While expenses have increased by 4.2% per year over the past 6 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 2018, Kosair Charities Committee Inc has awarded 609 individual grants totaling $73,215,025. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT THE HEALTH & WELL-BEING OF CHILDREN IN KENTUCKY AND SOUTHERN INDIANA BY PROVIDING FINANCIAL SUPPORT FOR CLINICAL SERVICES, RESEARCH, PEDIATRIC HEALTHCARE, AND CHILD ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF LOUISVILLE. LOUISVILLE, KY. FUNDS PROVIDED.FOR, BUT NOT LIMITED TO THE FOLLOWING: PEDIATRIC FORENSIC MEDICINE. KOSAIR CHARITIES HAS TAKEN A LEADERSHIP. ROLE TO ADDRESS THE PROBLEM OF CHILD ABUSE IN THE COMMONWEALTH OF KENTUCKY
UK DIVISION OF PEDIATRIC FORENSIC MEDICINE. THE VISION OF THE UK DIVISION OF PEDIATRIC FORENSIC MEDICINE (PFM) IS TO FOSTER A SAFE AND HEALTHY ENVIRONMENT FOR CHILDREN AND ADOLESCENTS BY BEING A LEADER IN PREVENTION AND EDUCATION OF CHILD MALTREATMENT THROUGH COLLABORATION, IDENTIFICATION, INTERVENTION, AND ADVOCACY.
SPALDING UNIVERSITY. SUPPORT FOR KOSAIR CHARITIES SCHOLARS PROGRAM AND STIPENDS FOR LEVEL II FIELDWORK OCCUPATIONAL THERAPY STUDENTS WHO RECEIVE VALUABLE SUPERVISION, TRAINING, AND WORK EXPERIENCE THROUGH INTERNSHIPS AT APPROVED PEDIATRIC SERVICES AGENCIES OR PROVIDER SITES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Inman President | Officer | 40 | $333,889 |
Aimee Sapp Sr Vice President, CFO | Officer | 40 | $175,193 |
Lindsay Wehr Senior VP Of Strategy | 40 | $129,475 | |
Allison Samblanet Senior VP Of Development | 40 | $109,879 | |
H I Stroth Board Member | OfficerTrustee | 3 | $0 |
Kirk Carter Treasurer | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Humana Inc Health Insurance | 9/29/21 | $197,313 |
Louisville Gas & Electric Utilities | 9/29/21 | $186,863 |
Spectrum Reach Advertising | 9/29/21 | $110,079 |
Libs Paving Company Paving Company | 9/29/21 | $108,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $66,234 |
| Related organizations | $0 |
| Government grants | $368,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,587,007 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,022,041 |
| Total Program Service Revenue | $0 |
| Investment income | $4,200,236 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $41,107 |
| Net Gain/Loss on Asset Sales | $15,600,120 |
| Net Income from Fundraising Events | $141,833 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,053,795 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,135,456 |
| Grants and other assistance to domestic individuals. | $720,674 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $607,102 |
| Compensation of current officers, directors, key employees. | $607,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,485,566 |
| Pension plan accruals and contributions | $196,564 |
| Other employee benefits | $179,137 |
| Payroll taxes | $144,858 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,309 |
| Fees for services: Accounting | $41,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $832,400 |
| Fees for services: Other | $134,288 |
| Advertising and promotion | $678,264 |
| Office expenses | $285,710 |
| Information technology | $60,747 |
| Royalties | $0 |
| Occupancy | $5,079 |
| Travel | $1,629 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $147,879 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $26,614 |
| All other expenses | $0 |
| Total functional expenses | $24,879,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,127 |
| Savings and temporary cash investments | $941,548 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,158 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $85,017 |
| Net Land, buildings, and equipment | $6,388,828 |
| Investments—publicly traded securities | $299,807,345 |
| Investments—other securities | $18,213,888 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,373,495 |
| Total assets | $326,895,406 |
| Accounts payable and accrued expenses | $530,127 |
| Grants payable | $20,466,296 |
| Deferred revenue | $151,384 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $116,197 |
| Total liabilities | $21,264,004 |
| Net assets without donor restrictions | $115,282,666 |
| Net assets with donor restrictions | $190,348,736 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $326,895,406 |
Grants Awarded
Over the last fiscal year, Kosair Charities Committee Inc has awarded $19,135,456 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: SEE PT III, LINE 4A | $5,435,467 |
UK DIVISION OF PEDIATRIC FORENSIC MEDICINE PURPOSE: SEE PT III, LINE 4B | $2,324,778 |
Louisville, KY PURPOSE: SEE PT III, LINE 4C | $2,100,588 |
KENTUCKY YOUTH ADVOCATES PURPOSE: SEE SCHEDULE O | $1,300,000 |
KIDS CENTER FOR PEDIATRIC THERAPIES PURPOSE: SEE SCHEDULE O | $911,832 |
KOSAIR CHARITIES DIVISION OF PEDIATRIC FORENSIC MEDICINE PURPOSE: SEE SCHEDULE O | $475,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Kosair Charities Committee Inc has recieved totaling $84,203.
| Awarding Organization | Amount |
|---|---|
Joseph C Ferre Rvoc Charitable Tr Louisville, KY PURPOSE: PROGRAM SUPPORT | $30,456 |
Donald A Hancock Irrv Tr Louisville, KY PURPOSE: PROGRAM SUPPORT | $15,989 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $14,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,721 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $6,200 |
Give Back Foundation Madison, WI PURPOSE: PROGRAM SUPPORT | $5,125 |
Endowment Analysis
| Beg. Balance | $256,017,181 |
| Earnings | $59,784,046 |
| Admin Expense | $1,661,449 |
| Net Contributions | $1,332,985 |
| Other Expense | $283,344 |
| Grants | $14,303,211 |
| Ending Balance | $300,886,208 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Community Healthcare Arlington Heights, IL | $634,169,512 | $38,406,845 |
Anderson Healthcare Maryville, IL | $41,437,636 | $29,425,681 |
Elizabeth Gamble Deaconess Home Association Cincinnati, OH | $1,636,339,650 | $77,696,826 |
Advocate Charitable Foundation Downers Grove, IL | $200,973,412 | $44,400,105 |
Kosair Charities Committee Inc Louisville, KY | $326,895,406 | $23,053,795 |
Kentuckyone Health Inc Lexington, KY | $15,206,136 | $12,087,828 |
Hospital Sisters Of St Francis Foundation Inc Springfield, IL | $115,855,911 | $14,666,018 |
Ascension Care Management Insurance Holdings St Louis, MO | $337,485,264 | $76,291,210 |
Community Health Network Foundation Inc Indianapolis, IN | $96,702,775 | $20,395,245 |
Mosaic Health System St Joseph, MO | $1,008,013,378 | $78,795,144 |
Metrohealth Foundation Inc Cleveland, OH | $88,791,792 | $21,235,092 |
Community First Solutions Hamilton, OH | $99,479,120 | $13,306,151 |