The Kabacoff Family Foundation
- Assets
- $5.8m
- Revenue
- $543.3k
- Investments
- $5.7m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 12/1995
- Data as of
- 12/2023
- EIN
- 72-1307912
Organization Overview
The Kabacoff Family Foundation is located in New Orleans, LA. The organization was established in 1995. 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. Kabacoff Family 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 12/2023, Kabacoff Family Foundation generated $543.3k in total revenue. All expenses for the organization totaled $459.9k during the year ending 12/2023. While expenses have increased by 2.4% 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, Kabacoff Family Foundation has awarded 290 individual grants totaling $1,799,280. 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 |
|---|---|---|---|
Margot K Thomas President | 2 | $0 | |
Maurice P Kabacoff Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $120,481 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $422,826 |
| Capital Gain Net Income | $422,826 |
| Net ST Capital Gain | $4,374 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $543,307 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,627 |
| Total operating and administrative expenses | $92,847 |
| Contributions, gifts, grants paid | $367,084 |
| Total expenses and disbursements | $459,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $130,152 |
| 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 | $5,679,482 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,809,634 |
| 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, The Kabacoff Family Foundation has awarded $367,084 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
DOCTORS WITHOUT BORDERS PURPOSE: PROGRAM SUPPORT | $3,000 |
FOUNDATION COMMUNITIES PURPOSE: PROGRAM SUPPORT | $1,000 |
FRIENDS OF LAFITTE GREENWAY PURPOSE: PROGRAM SUPPORT | $1,250 |
AUSTIN PBS - KLRU TV PURPOSE: PROGRAM SUPPORT | $3,000 |
GROW DAT YOUTH FARM PURPOSE: PROGRAM SUPPORT | $2,500 |
PLANNED PARENTHOOD OF GULF COAST LA PURPOSE: PROGRAM SUPPORT | $2,500 |