John And Ethel Kashulon Foundation
- Assets
- $34.1m
- Revenue
- $1.0m
- Investments
- $33.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2018
- Data as of
- 12/2023
- 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 12/2023, John And Ethel Kashulon Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 12.7% per year over the past 6 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 273 individual grants totaling $6,653,754. 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 | $0 | |
Gail Kashulon Dir, Sec, Treas | 1 | $11,000 | |
Christian Lebris Dir, Treas | 1 | $0 | |
Martin Mclaughlin Sr Dir, Pres | 1 | $0 | |
Tr Rowe Dir, VP | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Financial Services | 12/30/20 | $152,947 |
Foundation Source | 12/30/20 | $50,535 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $251 |
| Interest on Savings | $910 |
| Dividends & Interest | $1,110,433 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$61,676 |
| Capital Gain Net Income | $14,799 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,049,918 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,580 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,907 |
| Printing and publications | $0 |
| Other expenses | $42,288 |
| Total operating and administrative expenses | $322,536 |
| Contributions, gifts, grants paid | $1,599,000 |
| Total expenses and disbursements | $1,921,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $463,601 |
| Net Accounts receivable | $1,609 |
| 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 | $34,064,745 |
| 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 $1,599,000 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
ANCHOR ACADEMY INC PURPOSE: FINANCIAL SUPPORT FOR ACADEMIC PRIORITIES IN CLASSICAL CATHOLIC EDUCATION | $50,000 |
BRIDGEPORT HOSPITAL FOUNDATION INC PURPOSE: BRINGING TECHNOLOGY TO LIFE PROJECT, WHICH WILL MODERNIZE THE HOSPITAL'S HEART AND VASCULAR CENTER, WITH NEW CARDIAC AND STROKE TECHNOLOGY | $50,000 |
BRIDGEPORT RESCUE MISSION INC PURPOSE: HOLIDAY MEALS FOR THE NEEDY | $10,000 |
CARDINAL SHEHAN CENTER PURPOSE: AFTER SCHOOL AND SATURDAY PROGRAM FOR BRIDGEPORT YOUTH | $15,000 |
CARDINAL SHEHAN CENTER PURPOSE: SUMMER CAMP PROGRAM | $25,000 |
CAROLINE HOUSE INC PURPOSE: MOTHER AND CHILD LITERACY PROGRAM | $15,000 |