Kentucky Social Welfare Foundation
- Assets
- $2.9m
- Revenue
- $375.6k
- Investments
- $2.8m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 04/1957
- Data as of
- 12/2021
- EIN
- 61-6034264
Organization Overview
Kentucky Social Welfare Foundation is located in Louisville, 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 12/2021, Kentucky Social Welfare Foundation generated $375.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $200.6k during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 5 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 2017, Kentucky Social Welfare Foundation has awarded 39 individual grants totaling $456,117. 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 |
|---|---|---|---|
Name Not Listed Trustee | 0 | $0 | |
Vicki Lawson Secretary | 0 | $0 | |
Dr Susan Wesley Board Member | 0 | $0 | |
Linda Gayheart Board Member | 0 | $0 | |
Dr Chad Jackson Board Member | 0 | $0 | |
Rev Michael T Powers Vice-Chairpe | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $114,627 |
| Interest on Savings | $0 |
| Dividends & Interest | $51,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $209,336 |
| Capital Gain Net Income | $209,336 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $375,564 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,438 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,772 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $41,110 |
| Contributions, gifts, grants paid | $159,533 |
| Total expenses and disbursements | $200,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,462 |
| 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 | $606,493 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,912,037 |
| 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 $159,533 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: ADRESSING TRAUMA IN CHILDREN W/INCAR | $52,978 |
Lexington, KY PURPOSE: OUTREACH CENTER EXTERIOR REPAIR. | $15,000 |
Hindman, KY PURPOSE: TEACHING 3RD GRADE STUDENTS IN RURAL | $15,000 |
KENTUCKY UNITED METHODIST CHILDREN PURPOSE: REPLACE WINDOWS AT THE CLEARVIEW CHI | $10,255 |
METRO LEGAL AID PURPOSE: PROVIDE INDIVIDUALS AND NON-PROFITS | $10,000 |
LIFE ADVENTURE CENTER PURPOSE: YEAR-ROUND ENGAGEMENT FOR TWO COHORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home School Legal Defense Association Purcellville, VA | $7,987,788 | $19,231,027 |
Illinois Association Of Court Appointed Special Advocates Chicago, IL | $1,157,086 | $3,940,398 |
Kentucky Youth Advocates Inc Louisville, KY | $3,168,867 | $3,250,444 |
Byp100 Education Fund Chicago, IL | $15,472,231 | $9,366,294 |
Prokids Cincinnati, OH | $16,476,823 | $5,485,514 |
Parents Defending Education Arlington, VA | $346,429 | $3,178,345 |
Tennessee Immigrant And Refugee Rights Coalition Nashville, TN | $4,288,701 | $2,541,056 |
Casa Kane Co Geneva, IL | $5,765,575 | $3,339,502 |
Jackson County Casa Kansas City, MO | $5,293,777 | $5,529,328 |
Invisible Institute Chicago, IL | $1,403,221 | $2,658,904 |
Casa Of St Louis Saint Louis, MO | $2,129,252 | $2,044,548 |
Public Advocate Of The United States Chantilly, VA | $130,008 | $1,542,072 |