Kentucky Social Welfare Foundation
- Assets
- $2.2m
- Revenue
- $202.7k
- Investments
- $2.1m
- Employees
- 0
- Location
- Union, KY
- Founding
- 04/1957
- Data as of
- 12/2022
- EIN
- 61-6034264
Organization Overview
Kentucky Social Welfare Foundation is located in Union, KY. The organization was established in 1957. According to its NTEE Classification (R20) the organization is classified as: Civil Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Social Welfare Foundation 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, Kentucky Social Welfare Foundation generated $202.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $344.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Kentucky Social Welfare Foundation has awarded 59 individual grants totaling $759,877. 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 |
|---|---|---|---|
Anne W Eason Chairperson | 0.5 | $0 | |
Melissa A Slone Vice-Chairperson | 0.5 | $0 | |
Monica Hines Secretary | 0.5 | $0 | |
Don Garton Treasurer | 0.5 | $0 | |
Grace Akers Trustee | 0.5 | $0 | |
Craig Beavers Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $121,323 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,953 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,394 |
| Capital Gain Net Income | $39,394 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $202,670 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,387 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,911 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,426 |
| Printing and publications | $0 |
| Other expenses | $4,067 |
| Total operating and administrative expenses | $41,051 |
| Contributions, gifts, grants paid | $303,760 |
| Total expenses and disbursements | $344,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,716 |
| 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 | $1,763,970 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,158,602 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kentucky Social Welfare Foundation has awarded $303,760 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BARREN HEIGHTS CHRISTIAN RETREAT CENTER INC PURPOSE: BARREN HEIGHTS CHRISTIAN RETREATS | $5,000 |
FOUNDATION FOR APPALACHIAN KENTUCKY INC PURPOSE: FLOOD RELIEF FOR EASTERN KY | $28,000 |
GOD'S APPALACHIAN PARTNERSHIP INC PURPOSE: FREE DENTAL CARE | $29,000 |
GUTHRIE OPPORTUNITY CENTER FOUNDATIONS PURPOSE: GREENHOUSE AND GARDENING PROGRAM EXPANSION | $7,000 |
GATHERING STRENGTH INC PURPOSE: EXPANSION OF ACCESSIBLE GROUP EMPOWERMENT ACTIVITIES FOR PEOPLE WITH DISABILITIES | $9,000 |
HAVE A HEART FOUNDATION INC PURPOSE: EXPANDING WRAP-AROUND SERVICES FOR UNINSURED/UNDERINSURED | $10,000 |