Kontoor Brands Foundation
- Assets
- $1.3m
- Revenue
- $38.9k
- Investments
- $1.0m
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- Data as of
- 12/2023
- EIN
- 85-4118555
Organization Overview
Kontoor Brands Foundation is located in Greensboro, NC. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Kontoor Brands 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, Kontoor Brands Foundation generated $38.9k in total revenue.
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 |
|---|---|---|---|
Mame Annan-Brown Pres | 1 | $0 | |
Scott Baxter Chair Of The Board, Dir | 1 | $0 | |
Bryan Chapman Dir | 1 | $0 | |
Thomas Doerr Sec | 1 | $0 | |
Tammy Heller Dir | 1 | $0 | |
David Kovach Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22,685 |
| Dividends & Interest | $15,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,105 |
| Capital Gain Net Income | $1,105 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,326 |
| Total operating and administrative expenses | $20,887 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $170,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $280,190 |
| 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 | $1,299,413 |
| 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, Kontoor Brands Foundation has awarded $150,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BACKPACK BEGINNINGS PURPOSE: BACKPACK BEGINNINGS PROGRAMS | $50,000 |
COMMUNITY HOUSING SOLUTIONS OF GUILFORD INC PURPOSE: HOME REPAIR PROGRAM | $50,000 |
FAMILY SERVICE OF THE PIEDMONT INC PURPOSE: EMERGENCY SHELTER SERVICES AND RAPID RE-HOUSING: PROVIDING SAFE SHELTER, CASE MANAGEMENT AND ADVOCACY TO VICTIMS AND THEIR CHILDREN | $10,000 |
GREENSBORO URBAN MINISTRY PURPOSE: PURCHASE OF FRESH PRODUCE AND MEATS FOR THE CLIENT CHOICE FOOD PANTRY | $10,000 |
INTERACTIVE RESOURCE CENTER INC PURPOSE: DELIVERY OF ESSENTIAL SERVICES (UTILITIES USE, MATERIALS AND CLEANING PRODUCTS, LAUNDRY EQUIPMENT USE, ESSENTIAL WINTER ITEMS) DURING NIGHTS AND WEEKENDS | $10,000 |
PARTNERS ENDING HOMELESSNESS PURPOSE: HOMELESSNESS DIVERSION AND PREVENTION | $10,000 |