Kinsman Foundation
- Assets
- $21.4m
- Revenue
- $3.1m
- Investments
- $13.6m
- Employees
- 0
- Location
- Milwaukie, OR
- Founding
- 06/1984
- Data as of
- 12/2022
- EIN
- 93-0861885
Organization Overview
Kinsman Foundation is located in Milwaukie, OR. The organization was established in 1984. 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. Kinsman 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, Kinsman Foundation generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 0.1% 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 2017, Kinsman Foundation has awarded 514 individual grants totaling $5,972,989. 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 |
|---|---|---|---|
Keith Kinsman President | 20 | $43,692 | |
Sara Bailey Vice President | 35 | $91,380 | |
Jack Schwab Secretary | 2 | $0 | |
Shelley Bailey Director | 2 | $0 | |
Carey Rausch Director | 2 | $0 | |
Jennifer Winter Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ferguson Wellman Capital Management | 12/30/18 | $55,854 |
The Mauss Group Merrill Lynch | 12/30/18 | $59,986 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $131,339 |
| Dividends & Interest | $415,333 |
| Net Rental Income | -$64,733 |
| Net Gain on Sale of Assets | $2,522,866 |
| Capital Gain Net Income | $2,522,866 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $65 |
| Total Revenue | $3,073,403 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,072 |
| Other employee salaries and wages | $169,224 |
| Pension plans, employee benefits | $100,192 |
| Interest | $0 |
| Taxes | $53,952 |
| Depreciation | $11,628 |
| Occupancy | $85,367 |
| Travel, conferences, and meetings | $116 |
| Printing and publications | $0 |
| Other expenses | $79,665 |
| Total operating and administrative expenses | $754,160 |
| Contributions, gifts, grants paid | $1,212,708 |
| Total expenses and disbursements | $1,966,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,556 |
| Savings and temporary cash investments | $6,618,527 |
| 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 | $839,382 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $281,413 |
| Other assets | $0 |
| Total assets | $21,368,843 |
| 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 | $10 |
| Total liabilities | $10 |
Grants Awarded
Over the last fiscal year, Kinsman Foundation has awarded $1,212,708 in support to 105 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERTA ABBEY FOUNDATION PURPOSE: HISTORIC PRESERVATION | $15,000 |
ALEX ROVELLO MEMORIAL FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
ANGELS IN THE OUTFIELD PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
ARTISTS REPERTORY THEATRE PURPOSE: ARTISTIC PERFORMANCES | $17,500 |
AMERICAN WILDLIFE FOUNDATION PURPOSE: WILDLIFE REHABILITATION | $15,000 |
ASTORIA ARTS AND MOVEMENT CENTER PURPOSE: HISTORIC PRESERVATION | $5,000 |