4k Foundation Inc
- Assets
- $7.9m
- Revenue
- -$397.9k
- Investments
- $7.2m
- Employees
- 0
- Location
- Sparks, MD
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 81-4747714
Organization Overview
4k Foundation Inc is located in Sparks, MD. The organization was established in 2017. 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. 4k Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, 4k Foundation Inc has awarded 85 individual grants totaling $2,129,985. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,360 |
| Interest on Savings | $15,667 |
| Dividends & Interest | $167,179 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$821,955 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $188,884 |
| Total Revenue | -$397,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $9,905 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67,407 |
| Depreciation | $0 |
| Occupancy | $10,044 |
| Travel, conferences, and meetings | $346 |
| Printing and publications | $0 |
| Other expenses | $20,755 |
| Total operating and administrative expenses | $280,671 |
| Contributions, gifts, grants paid | $469,949 |
| Total expenses and disbursements | $750,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $707,745 |
| 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 | $643 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,897,579 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,858,880 |
| Accounts payable and accrued expenses | $43,365 |
| 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 | $43,365 |
Grants Awarded
Over the last fiscal year, 4k Foundation Inc has awarded $469,949 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
CROHN'S & COLITIS FOUNDATION PURPOSE: TO CURE CROHN'S DISEASE AND ULCERATIVE COLITIS AND TO IMPROVE THE QUALITY OF LIFE OF CHILDREN AND ADULTS AFFECTED BY THESE DISEASES | $5,000 |
CROHN'S & COLITIS FOUNDATION PURPOSE: TO CURE CROHN'S DISEASE AND ULCERATIVE COLITIS AND TO IMPROVE THE QUALITY OF LIFE OF CHILDREN AND ADULTS AFFECTED BY THESE DISEASES | $7,500 |
FOCUS (FELLOWSHIP OF CATHOLIC UNVIERSITY STUDENTS) PURPOSE: TO KNOW CHRIST JESUS AND FULFILL HIS GREAT COMMISSION | $100 |
FOCUS (FELLOWSHIP OF CATHOLIC UNVIERSITY STUDENTS) PURPOSE: TO KNOW CHRIST JESUS AND FULFILL HIS GREAT COMMISSION | $100 |
FOCUS (FELLOWSHIP OF CATHOLIC UNVIERSITY STUDENTS) PURPOSE: TO KNOW CHRIST JESUS AND FULFILL HIS GREAT COMMISSION | $100 |
FOCUS (FELLOWSHIP OF CATHOLIC UNVIERSITY STUDENTS) PURPOSE: TO KNOW CHRIST JESUS AND FULFILL HIS GREAT COMMISSION | $100 |