John And Ethel Kashulon Foundation
- Assets
- $35.4m
- Revenue
- $13.1m
- Investments
- $33.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 82-2658347
Organization Overview
John And Ethel Kashulon Foundation is located in Wilmington, DE. The organization was established in 2018. 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. John And Ethel Kashulon 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 12/2021, John And Ethel Kashulon Foundation generated $13.1m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 5.5% 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 2018, John And Ethel Kashulon Foundation has awarded 169 individual grants totaling $3,687,941. 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 |
|---|---|---|---|
Edward Ham Dir, Treas | 1 | $7,000 | |
Tr Rowe Dir, VP | 1 | $7,000 | |
Gail Kashulon Dir, Sec | 1 | $7,000 | |
Martin Mclaughlin Sr Dir, Pres | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/20 | $50,535 |
Ubs Financial Services | 12/30/20 | $152,947 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,301,330 |
| Interest on Savings | $273 |
| Dividends & Interest | $655,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $147,050 |
| Capital Gain Net Income | $151,095 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,104,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,496 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,198 |
| Printing and publications | $0 |
| Other expenses | $44,582 |
| Total operating and administrative expenses | $276,386 |
| Contributions, gifts, grants paid | $882,171 |
| Total expenses and disbursements | $1,158,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,375,136 |
| 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 | $0 |
| Total assets | $35,420,753 |
| 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, John And Ethel Kashulon Foundation has awarded $882,171 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Bridgeport, CT PURPOSE: FOR KITCHEN RENOVATIONS AT THE BRIDGEPORT RESCUE MISSION'S NEW SMILOW COMMUNITY CARE CENTER | $175,000 |
Bridgeport, CT PURPOSE: TO FUND REPAIRS TO THE CHURCH BACK LOT, INCLUDING REPLACEMENT OF IRON FENCING | $125,000 |
UNITED STATES CATHOLIC CONFERENCE - CARDINAL KUNG PURPOSE: FINANCIAL AID SCHOLARSHIP FUND TO PROVIDE A SECOND, COLLEGE-PREP (NON-HONORS) ACADEMIC TRACK FOR SCIENCE FOR ONE YEAR | $43,500 |
Trumbull, CT PURPOSE: IN SUPPORT OF PROFESSIONAL DEVELOPMENT - ON SITE TRAINING BY INSTITUTE OF LIBERAL CATHOLIC EDUCATION (ICLE), JOHN AND ETHEL KASHULON LIBRARY MATERIALS AND SOFTWARE UPGRADES, TO PURCHASE CLASSICAL CURRICULUM MATERIALS AND TEXTBOOKS | $33,771 |
Norwalk, CT PURPOSE: SCHOLARSHIP FUND | $30,000 |
Bridgeport, CT PURPOSE: FINANCIAL ASSISTANCE FUND FOR CHILDREN TO ATTEND CATHOLIC ELEMENTARY SCHOOLS AT THE ACADEMY'S FOUR CAMPUSES LOCATED IN THE CITY OF BRIDGEPORT: ST. ANN'S, ST. ANDREWS, ST. AUGUSTINE'S AND ST. RAPHAEL'S | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |