Kinder Morgan Foundation
- Assets
- $6.4m
- Revenue
- $4.3m
- Investments
- $6.4m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/1991
- Data as of
- 12/2022
- EIN
- 84-1148161
Organization Overview
Kinder Morgan Foundation is located in Houston, TX. The organization was established in 1991. 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. Kinder Morgan 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, Kinder Morgan Foundation generated $4.3m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2022.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES GRANTS TO QUALIFYING ORGANIZATIONS THAT ARE PRIMARILY LOCATED IN THE STATES IN WHICH KINDER MORGAN, INC. OPERATES.
THE FOUNDATION PROVIDES A LIMITED MATCHING PROGRAM TO MATCH GIFTS MADE BY EMPLOYEES AND BOARD MEMBERS OF KINDER MORGAN, INC. TO QUALIFYING ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David W Conover Director | 0 | $0 | |
Thomas A Martin Director | 0 | $0 | |
John W Schlosser Director | 0 | $0 | |
Angela S Teer Director | 0 | $0 | |
Jordan Mintz Advisory Board | 0 | $0 | |
Melissa Ruiz Foundation Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,021,700 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $194,391 |
| Capital Gain Net Income | $194,391 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,280,765 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,850 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,254 |
| Total operating and administrative expenses | $57,104 |
| Contributions, gifts, grants paid | $1,136,246 |
| Total expenses and disbursements | $1,193,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,796 |
| 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 | $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 | $6,404,015 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,420,811 |
| 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 |