The Fred M Kemp Foundation
- Assets
- $6.0m
- Revenue
- -$15.9k
- Investments
- $4.8m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 77-0590359
Organization Overview
The Fred M Kemp Foundation is located in St Louis, MO. The organization was established in 2002. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Fred M Kemp Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Fred M Kemp Foundation has awarded 61 individual grants totaling $493,577. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN AND OPERATE A MUSEUM TO PRESERVE, MAINTAIN, AND DISPLAY VINTAGE, ANTIQUE, CLASSIC, AND CONTEMPORARY AUTOMOBILES FOR THE PUBLIC AND PROVIDE EDUCATIONAL TOURS AND PROGRAMS
THE FOUNDATION MAINTAINS AND OPERATES A FARM PROVIDING VARIOUS RECREATIONAL ACTIVITIES SPECIFICALLY DESIGNED FOR DISABLED VETERANS AND OTHER HANDICAPPED PEOPLE.
THE FOUNDATION CONTRIBUTES TO OTHER CHARITABLE ENTITIES THROUGH ITS GRANT PROGRAMS.
THE KEMP FOUNDATION IT DEVELOPING A HIGHLY DIRECTIONAL "HORN" THAT IS HOPED TO PROVIDE A NEARLY CONTINUAL ADVANCE WARNING TO PEDESTRIANS, ANIMALS AND VEHICLES ON OR NEAR THE TRACKS WITHOUT CAUSING DISRUPTION TO NEARBY RESIDENTIAL AND COMMERCIAL AREAS. IF SUCCESSFUL, THE SYSTEM SHOULD SAVE MANY LIVES. THE SYSTEM IS CALLED THE FULL TIME ALERT SYSTEM FOR TRAINS [FAST].
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Kemp III President | 40 | $86,000 | |
Ken Harrington Director | 1 | $1,000 | |
Charles J Baine Director | 1 | $1,000 | |
Mary E Uxa Secretary/dir | 13 | $32,697 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,875 |
| Interest on Savings | $106 |
| Dividends & Interest | $86,905 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$106,047 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,260 |
| Total Revenue | -$15,901 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $137,197 |
| Other employee salaries and wages | $3,914 |
| Pension plans, employee benefits | $11,097 |
| Interest | $0 |
| Taxes | $137 |
| Depreciation | $59,689 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $120,318 |
| Total operating and administrative expenses | $362,243 |
| Contributions, gifts, grants paid | $12,500 |
| Total expenses and disbursements | $374,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,892 |
| 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 | $20,916 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,869,391 |
| Net Land, buildings, and equipment | $1,123,612 |
| Other assets | $26,079 |
| Total assets | $6,014,943 |
| Accounts payable and accrued expenses | $1,320 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $3,538 |
| Other liabilities | $0 |
| Total liabilities | $4,858 |
Grants Awarded
Over the last fiscal year, The Fred M Kemp Foundation has awarded $12,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST LOUIS UNIVERSITY HIGH SCHOOL PURPOSE: OPERATIONS | $5,000 |
UNIVERSITY CITY CHILDREN'S CENTER PURPOSE: OPERATIONS | $2,500 |
THE NATIONAL MUSEUM OF TRANSPORTATI PURPOSE: OPERATIONS | $750 |
THRIVE ST LOUIS INC PURPOSE: OPERATIONS | $4,250 |