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Nonprofiteer
← KBR CHARITABLE FOUNDATION INC

Form 990 for tax year 2023

Filed by KBR CHARITABLE FOUNDATION INC.

Totals

Total revenue
$1,167,490
Total expenses
$692,634
Contributions and grants received
$1,190,644
Grants paid
$692,634
Program service revenue
$0
Investment income
$1,798
Other revenue
-$24,952
Total assets, end of year
$1,174,498
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,174,498
Program services expenses (Part IX)
$692,634
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$692,634

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $929,413

  • 1f · All other contributions, gifts and grants

    $261,231

  • 3 · Investment income

    total $1,798 · excluded $1,798

  • 8a · Fundraising events: gross income

    $299,579

  • 8a · Fundraising events: contributions included on line 1c

    $929,413

  • 8b · Fundraising events: direct expenses

    $324,531

  • 8c · Net income from fundraising events

    total -$24,952

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $692,634 · program services $692,634

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $260,635 · end of year $697,563

  • 2 · Savings and temporary cash investments

    beginning of year $439,007 · end of year $476,935

  • 27 · Net assets without donor restrictions

    beginning of year $395,192 · end of year $870,048

  • 28 · Net assets with donor restrictions

    beginning of year $304,450 · end of year $304,450

Mission and programs · 2023

Mission

THE KBR CHARITABLE FOUNDATION, INC IS A NON-PROFIT CORPORATION FOCUSED ON PURSUING PHILANTHROPIC ACTIVITIES IN ORDER TO RAISE FUNDS FOR 501(C)(3) CHARITABLE ORGANIZATIONS. THE ORGANIZATION GENERALLY HAS ONE FUNDRAISING EVENT EACH YEAR, A GOLF TOURNAMENT HELD IN SEPTEMBER. IN 2017, THE ORGANIZATION INITIATED A PROGRAM TO PROVIDE RELIEF TO KBR EMPLOYEES WHO WERE IMPACTED BY FLOODING IN AUGUST 2017 DUE TO HURRICANE HARVEY. DONATIONS WERE RECEIVED FROM KBR, KBR EMPLOYEES AND OTHER ENTITIES AND WERE DISTRIBUTED TO KBR EMPLOYEES TO PROVIDE IMMEDIATE RELIEF. THE PROGRAM IS ONGOING.

Activities or mission (Part I)

THE KBR CHARITABLE FOUNDATION, INC IS A NON-PROFIT CORPORATION FOCUSED ON PURSUING PHILANTHROPIC ACTIVITIES IN ORDER TO RAISE FUNDS FOR 501(C) (3) CHARITABLE ORGANIZATIONS.

  • THE ANNUAL GOLF TOURNAMENT WAS HELD TO RAISE FUNDS FOR VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS AS DETERMINED BY THE OFFICERS AND DIRECTORS OF THE FOUNDATION. TEN IRC SECTION 501(C)(3)ORGANIZATONS RECEIVED GRANTS RANGING FROM 10,000 TO 100,000. SEE SCHEDULE I.

    Expenses $692,634 · Grants $692,634

  • PAYMENTS TO INDIVIDUALS FOR HURRICANE AND FLOOD RELIEF.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Thomas Barrett

    COUNSEL

    Total calculated
    $0

  • Natasha Frausto

    TREASURER

    Total calculated
    $0

  • Phillip Ivy

    SECRETARY

    Total calculated
    $0

  • John Thomson

    CHAIR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • HOUSTON WILDERNESS

    $100,000

  • PTSD FOUNDATION OF AMERICA

    $100,000

    PROGRAMS

  • MARINE CORP SCHOLARSHIP FOUNDATION

    $100,000

    PROGRAMS

  • THE STORE CHARITY

    $100,000

  • ST JUDES CHILDREN RESEARCH HOSPITA

    $85,000

    RESEARCH, CARE AND T

  • ANGEL FLIGHT SOUTH CENTRAL

    $75,000

  • BUFFALO BAYOU PARTNERSHIP

    $50,000

    REVITALIZING & TRANS

  • GREATER HOUSTON POLICE ACTIVITIES L

    $50,000

    PROGRAMS

  • FIRE OUTREACH OF HOUSTON

    $20,000

    PROGRAMS

  • HAWAII COMMUNITY FOUNDATION

    $12,634

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
26 September 2024
IRS schema version
2023v5.0
Source object
202442709349301134

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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