Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7
- Assets
- $42.2m
- Revenue
- $7.6m
- Investments
- $38.2m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 01/1990
- Data as of
- 12/2021
- 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 12/2021, Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $4.2m during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 4 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 2020, Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 has awarded 181 individual grants totaling $8,861,000. 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 |
|---|---|---|---|
Regions Bank Trustee | 1 | $98,138 | |
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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,161,617 |
| Net Rental Income | $17,974 |
| Net Gain on Sale of Assets | $6,283,031 |
| Capital Gain Net Income | $6,283,031 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $163,546 |
| Total Revenue | $7,643,863 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $98,138 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52,640 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $192,815 |
| Total operating and administrative expenses | $484,394 |
| Contributions, gifts, grants paid | $3,669,000 |
| Total expenses and disbursements | $4,153,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $323,873 |
| 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 | $3,198,138 |
| Investments—mortgage loans | $0 |
| Investments—other | $38,197,959 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $451,794 |
| Total assets | $42,171,764 |
| 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 $3,669,000 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
Birmingham, AL PURPOSE: GENERAL OPERATING | $750,000 |
UNIVERSITY OF ALABAMA PURPOSE: GENRAL OPERATING | $750,000 |
CHILDRENS OF ALABAMA PURPOSE: GENERAL OPERATING | $400,000 |
Birmingham, AL PURPOSE: GENERAL OPERATING | $400,000 |
Birmingham, AL PURPOSE: GENERAL OPERATING | $200,000 |
ALABAMA SYMPHONY ORCHESTRA PURPOSE: GENERAL OPERATING | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |
Speer Foundation Brentwood, TN | $160,979,713 | $8,246,449 |
Audrey And Martin Gruss Foundation West Palm Beach, FL | $0 | $7,573,459 |