The K Richard & Elizabeth Flynt Foundation
- Assets
- $958.1k
- Revenue
- $81.6k
- Investments
- $798.2k
- Employees
- 0
- Location
- Los Altos Hills, CA
- Founding
- 05/1999
- Data as of
- 12/2022
- EIN
- 77-0498527
Organization Overview
The K Richard & Elizabeth Flynt Foundation is located in Los Altos Hills, CA. The organization was established in 1999. 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. K Richard & Elizabeth Flynt 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, K Richard & Elizabeth Flynt Foundation generated $81.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $81.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, K Richard & Elizabeth Flynt Foundation has awarded 29 individual grants totaling $1,184,603. 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 |
|---|---|---|---|
Christine F Hemrick Trustee | 0 | $0 | |
Peggy Flynt Reavis Trustee | 0 | $0 | |
Lynne Baker-Ward Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27,907 |
| Dividends & Interest | $27,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,190 |
| Capital Gain Net Income | $26,070 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $67 |
| Total Revenue | $81,625 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $960 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,099 |
| Total operating and administrative expenses | $18,243 |
| Contributions, gifts, grants paid | $63,000 |
| Total expenses and disbursements | $81,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,625 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $121,297 |
| Total assets | $958,091 |
| Accounts payable and accrued expenses | $3,333 |
| 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 | $3,333 |
Grants Awarded
Over the last fiscal year, The K Richard & Elizabeth Flynt Foundation has awarded $63,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN WILDLIFE FND PURPOSE: UNRESTRICTED ANNUAL GRANT | $25,000 |
WILDLIFE CONSERVATION NETWORK PURPOSE: ANNUAL SUPPORT, RESTRICTED GRANTS | $31,000 |
THE NC STATE COLLEGE OF SCIENCES PURPOSE: FLYNT ENDOWMENT FOR SCIENCE HOUSE | $1,000 |
COMMUNITY CONCERN FOR CATS PURPOSE: RESCUE EFFORTS | $1,000 |
THE PHILANTHROPY WORKSHOP PURPOSE: TPW MISSION | $5,000 |