Kingdomworks Sdg Foundation is located in Los Angeles, CA. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kingdomworks Sdg 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, Kingdomworks Sdg Foundation generated $847.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $595.7k during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 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 2015, Kingdomworks Sdg Foundation has awarded 60 individual grants totaling $2,446,098. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS TRUST IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE,RELIGIOUS, AND EDUCATIONAL PURPOSES WHICH MEET THE REQUIREMENTS FOR EXEMPTION AND WHICH CONSTITUTE PUBLIC CHARITABLE PURPOSES UNDER STATE LAW BY CONDUCTING AND SUPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS, AND/OR TO CARRY OUT THE PURPOSES (COLLECTIVELY THE "QUALIFIED PURPOSES") OF THE CLASS OF ORGANIZATIONS ("QUALIFIED ORGANIZATIONS")ORGANIZED UNDER SECTIONS 501(C)(3), 509(A)(1), AND 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986. THIS TRUST SHALL BE SUPERVISED OR CONTROLLED IN CONNECTION WITH ONE OR MORE QUALIFIED ORGANIZATIONS WITHIN THE SUPPORTED CLASS. ORGNIZATIONS WHICH SUPPORT, PROMOTE AND/OR PERFORM EDUCATIONAL AND/OR CHRISTIAN OBJECTIVES, INCLUDING BUT NOT LIMITED TO CHRISTIAN EVANGELISM, ACTS OF SERVICE, EDIFICATION AND STEWARDSHIP (ALL OF SUCH ORGANIZATIONS COLLECTIVELY BEING THE "SUPPORTED CLASS").
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST PROVIDES FINANCIAL SUPPORT FOR THE PEOPLE AND PROGRAMS OF ITS LARGEST SUPPORTED 501(C)(3) ORGANIZATION THAT SERVE AMERICA'S URBAN POOR, WORLD IMPACT, INC. $268,198 WAS DISTRIBUTED TO WORLD IMPACT TO SUPPORT ITS CHRISTIAN PROGRAMS, MISSIONARIES, AND STAFF. ORGANIZATIONS SIMILAR IN MISSION TO WORLD IMPACT RECEIVED GRANTS AS FOLLOWS: HMC (UYWI) RECEIVED $15,000 AND CITY TO CITY LOS ANGELES RECEIVED $101,000.
IN RESPONSE TO THE COVID-19 PANDEMIC GIFTS WERE MADE FOR FOOD DISTRIBUTION FOR A SECOND YEAR TO SALVATION ARMY $10,000, SECOND HARVEST FOOD BANK $10,000, AND UNION RESCUE MISSION $10,000.
THE TRUST PROVIDES FINANCIAL SUPPORT FOR 501(C)(3) ORGANIZATIONS THAT PROVIDE HOMES FOR THE POOR IN MEXICO AND LATIN AMERICA. THE TRUST FUNDED YWAM $10,000, SPECTRUM MINISTRIES $8300, AND ROCKY PEAK CHURCH $8,000.THE TRUST PROVIDES FINANCIAL SUPPORT FOR ORGANIZATIONS THAT PROVIDE LEADERSHIP DEVELOPMENT, COMPASSION MINISTRY AND CHRISTIAN EVANGELISM. $10,000 FUNDED GRACE CHURCH LONG BEACH. LONG BEACH CHURCH COLLECTIVE RECEIVED $10,000, AND WYCLIFFE BIBLE TRANSLATORS RECEIVED $3,000 FOR ITS BIBLE TRANSLATION WORK. $1,000 SUPPORTED THE GOVERN FOR IMPACT ASSOCIATION. LONG BEACH RESCUE MISSION RECEIVED $1,500. CHILDREN TODAY RECEIVED $500. NATIONAL CHRISTIAN FOUNDATION RECEIVED $30,000 TO SUPPORT VARIOUS MINISTRIES IN THIS CATEGORY.THE TRUST ALSO PROVIDED GRANTS TO ORGANIZATIONS THAT PROVIDE CHRISTIAN AND VALUES BASED EDUCATION. WESTMONT COLLEGE RECEIVED $5,000 AND BIOLA UNIVERSITY $5,000 TO FUND UNDER-REPRESENTED STUDENTS, AS ADMINISTERED THROUGH THEIR OWN SCHOLARSHIP PROGRAMS. THE OPPORTUNITY SCHOOLS RECEIVED $10,000 FOR ITS WORK IN TEACHING CHILDREN WITH LEARNING DIFFERENCES. LOYOLA HIGH SCHOOL RECEIVED $3,400. ENCOMPASS (BEARDS) IN VIETNAM RECEIVED $1000 AND THE GATHERING $1000.THE TRUST'S MANAGING TRUSTEES ARE ALSO OFFICERS AND/OR DIRECTORS OF CHARITABLE ORGANIZATIONS THAT ARE SUPPORTED BY THE TRUST. ALVIN SANDERS IS PRESIDENT OF WORLD IMPACT INC., LARRY ACOSTA IS PAST PRESIDENT OF HISPANIC MINISTRY CENTER INC. DBA URBAN YOUTH WORKERS INSTITUTE, AND DIRECTOR OF CITY TO CITY LOS ANGELES. KEN ANDERSON IS A LAY LEADER AT THE CHURCH AT ROCKY PEAK. OTHER TRUSTEES SERVE ON THE BOARDS OF OUR SUPPORTED ORGANIZATIONS. CARL LABARBERA IS CHAIRMAN OF WORLD IMPACT, AND ROBIN LABARBERA IS SECRETARY OF OPPORTUNITY SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carl V Labarbera President, Other Trustee | OfficerTrustee | 0 | $0 |
Kenneth J Anderson Treasurer, Managing Truste | OfficerTrustee | 0 | $0 |
Robin L Labarbera Secretary, Other Trustee | OfficerTrustee | 0 | $0 |
Larry Acosta Managing Trustee | Trustee | 0 | $0 |
Alvin Sanders Managing Trustee | Trustee | 0 | $0 |
Revelle R Labarbera Other Trustee | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $200,639 |
Noncash contributions included in lines 1a–1f | $160,639 |
Total Revenue from Contributions, Gifts, Grants & Similar | $200,639 |
Total Program Service Revenue | $0 |
Investment income | $101,883 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$35,281 |
Net Gain/Loss on Asset Sales | $576,775 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $847,666 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $521,898 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $10,247 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,918 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,183 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,048 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,311 |
Interest | $114 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,087 |
All other expenses | $0 |
Total functional expenses | $595,711 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $183,829 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $3,158,770 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,253,786 |
Total assets | $7,596,385 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $7,596,385 |
Total liabilities and net assets/fund balances | $7,596,385 |
Over the last fiscal year, Kingdomworks Sdg Foundation has awarded $500,498 in support to 13 organizations.
Grant Recipient | Amount |
---|---|
Alexandria, VA PURPOSE: FINANCIAL SUPPORT | $268,198 |
New York, NY PURPOSE: FINANCIAL SUPPORT | $101,000 |
Alpharetta, GA PURPOSE: LEADERSHIP TRAINING | $30,000 |
Santa Ana, CA PURPOSE: LEADERSHIP TRAINING | $15,000 |
Palo Alto, CA PURPOSE: LEADERSHIP TRAINING | $10,000 |
Seattle, WA PURPOSE: FINANCIAL SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |