Kinder Foundation
- Assets
- $148.8m
- Revenue
- $65.3m
- Investments
- $137.7m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 76-0519073
Organization Overview
Kinder Foundation is located in Houston, TX. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Kinder 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, Kinder Foundation generated $65.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $57.1m during the year ending 12/2022. While expenses have increased by 3.2% 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, Kinder Foundation has awarded 242 individual grants totaling $318,085,504. 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 |
|---|---|---|---|
Richard D Kinder Chairman | 10 | $0 | |
Nancy G Kinder President/ceo/treasurer | 40 | $0 | |
Kara K Vidal Board Member | 0 | $0 | |
David D Kinder Board Member | 0 | $0 | |
Gary C Dudley Chief Of Staff & Board Member | 10 | $137,836 | |
Roxann S Neumann Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,368,210 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,920,007 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,999,458 |
| Capital Gain Net Income | $5,999,458 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,619 |
| Total Revenue | $65,311,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $706,652 |
| Other employee salaries and wages | $27,774 |
| Pension plans, employee benefits | $27,743 |
| Interest | $0 |
| Taxes | $334,515 |
| Depreciation | $28,929 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,026,063 |
| Total operating and administrative expenses | $2,727,786 |
| Contributions, gifts, grants paid | $54,322,909 |
| Total expenses and disbursements | $57,050,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,152,885 |
| 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 | $137,653,544 |
| Net Land, buildings, and equipment | $12,170 |
| Other assets | $0 |
| Total assets | $148,818,599 |
| 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, Kinder Foundation has awarded $200,855,909 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE TRIANGLE MULTI-CULTURAL ASSOCIATION PURPOSE: RENOVATION OF HISTORIC BUILDING | $300,000 |
ARCHDIOCESE OF GALVESTON HOUSTON PURPOSE: TEACHER AWARDS | $50,000 |
BUFFALO BAYOU PARTNERSHIP PURPOSE: PARK DESIGN & CONSTRUCTION - 10 YEAR MASTER PLAN | $16,667,000 |
BUFFALO BAYOU PARTNERSHIP PURPOSE: GENERAL FUND | $25,000 |
BUFFALO SOLDIERS MUSEUM PURPOSE: PRESERVATION OF BUFFALO SOLDIERS MUSEUM | $300,000 |
CRISTO REY JESUIT SCHOOL PURPOSE: CORPORATE WORK STUDY | $105,570 |