Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7
- Assets
- $46.0m
- Revenue
- $6.2m
- Investments
- $41.8m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 01/1990
- Data as of
- 12/2022
- EIN
- 63-6158725
Organization Overview
Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 is located in Birmingham, AL. The organization was established in 1990. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 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, Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $2.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 has awarded 187 individual grants totaling $8,309,000. 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 |
|---|---|---|---|
Mr John Kaul Greene Director | 3 | $0 | |
Mr John J Mcmahon Jr Director | 3 | $0 | |
Mr Don James Director | 3 | $0 | |
Dr Nancy E Dunlap Director | 3 | $0 | |
Ms Hillery Head Perkins Director | 3 | $0 | |
Mr Samuel E Yates Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $880,164 |
| Net Rental Income | $14,587 |
| Net Gain on Sale of Assets | $5,234,276 |
| Capital Gain Net Income | $5,234,276 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,072 |
| Total Revenue | $6,161,092 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $193,677 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $208,116 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,714 |
| Total operating and administrative expenses | $533,676 |
| Contributions, gifts, grants paid | $2,044,000 |
| Total expenses and disbursements | $2,577,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $380,244 |
| 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 | $3,464,582 |
| Investments—mortgage loans | $0 |
| Investments—other | $41,822,178 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $328,737 |
| Total assets | $45,995,741 |
| 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, Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 has awarded $2,044,000 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
JEFFERSON STATE COMMUNITY COLLEGE PURPOSE: GENERAL OPERATING | $20,000 |
BIRMINGHAM ZOO PURPOSE: GENERAL OPERATING | $100,000 |
ALABAMA SYMPHONY ORCHESTRA PURPOSE: GENERAL OPERATING | $100,000 |
BETTER BASICS PURPOSE: GENERAL OPERATING | $10,000 |
GIRLS ON THE RUN BIRMINGHAM PURPOSE: GENERAL OPERATING | $10,000 |
CAHABA RIVER SOCIETY PURPOSE: GENERAL OPERATING | $10,000 |