Form 990 for tax year 2024
Filed by CAROLINAS DISTRICT KIWANIS FOUNDATION INC.
Totals
- Total revenue
- $262,969
- Total expenses
- $171,140
- Contributions and grants received
- $218,289
- Grants paid
- $151,577
- Program service revenue
- $0
- Investment income
- $44,680
- Other revenue
- $0
- Total assets, end of year
- $1,395,946
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,395,946
- Program services expenses (Part IX)
- $151,577
- Management and general expenses
- $19,563
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $151,577
Program services were 88.6% 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.
-
1f · All other contributions, gifts and grants
$218,289
-
3 · Investment income
total $45,480 · excluded $45,480
-
7a · Gross sales of assets other than inventory
securities $101,233
-
7b · Less cost or other basis and sales expenses
securities $102,033
-
7c · Gain or loss
securities -$800
-
7d · Net gain or loss
total -$800 · related or exempt -$800
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $151,577 · program services $151,577
-
11c · Fees: accounting
total $625 · management and general $625
-
11f · Fees: investment management
total $12,352 · management and general $12,352
-
11g · Fees: other
total $320 · management and general $320
-
12 · Advertising and promotion
total $4,001 · management and general $4,001
-
13 · Office expenses
total $509 · management and general $509
-
17 · Travel
total $1,749 · management and general $1,749
-
24a · Other expenses: BANK CHARGES
total $7 · management and general $7
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,159 · end of year $94,662
-
2 · Savings and temporary cash investments
beginning of year $534 · end of year $534
-
12 · Investments: other securities
beginning of year $1,239,742 · end of year $1,300,750
-
27 · Net assets without donor restrictions
beginning of year $1,245,435 · end of year $1,395,946
Mission and programs · 2024
Mission
TO OFFER FINANCIAL ASSISTANCE TO THE DISTRICT, DIVISIONS, AND TO CLUBS TO BUILD, AID, FOSTER, AND PROMOTE THE PRINCIPALS, AND OBJECTIVES OF KIWANIS THROUGHOUT THE CAROLINAS DISTRICT WITH AN EMPHASIS ON FINANCIAL ASSISTANCE TO OUR SPONSORED YOUTH ORGANIZATIONS - PARTICULARLY BUILDERS CLUBS, KEY CLUBS, AND CIRCLE K CLUBS.
Activities or mission (Part I)
PROVIDE FINANCIAL ASSISTANCE TO SERVICE PROGRAMS THAT SUPPORT THE MISSION OF KIWANIS INTERNATIONAL
-
THE FOUNDATION'S MAIN PURPOSE IS PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF GRANTS TO KIWANIS CLUBS, KIWANIS-FAMILY SPONSORED PROGRAMS, AND TO KIWANIS SERVICE PROGRAMS WHOSE SCOPE IS BEYOND THE MEANS OF INDIVIDUAL KIWANIANS, KIWANIS CLUBS OR LOCAL CLUB FOUNDATIONS. IN 2024/2025 THE FOUNDATION PROVIDED MORE THAN $151,000 TO MEMBER KIWANIS CLUBS AS WELL AS OTHER LOCAL ORGANIZIATIONS AND PROGRMS THAT WILL FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE THE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA. IN ADDITION TO PROVIDING GRANTS TO CLUBS ACROSS THE DISTRICT WHICH INCLUDES NORTH CAROLINA AND SOUTH CAROLINA, THE CAROLINAS DISTRICT KIWANIS INFORMS ITS MEMBER CLUBS OF THE NUMEROUS REGIONAL MEETINGS THAT ARE DESIGNED TO PROVIDE THE CLUBS WITH VALUABLE RESOURCES AND TRAINING ON HOW TO GROW AND CARRY OUT THE MISSION OF THE KIWANIS. THE FOUNDATION IMPACTS THE LIVES OF CHILDREN IN THE CAROLINAS IN A POSITIVE AND MEANINGFUL MANNER.
Expenses $151,577 · Grants $151,577
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Webster JamesWEBSTER JAMES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mary Jo BrubakerMARY JO BRUBAKER
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Robert PooleROBERT POOLE
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Doug DayDOUG DAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Harold JonesHAROLD JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Bill ClingenpeelBILL CLINGENPEEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Pete HoogendonkPETE HOOGENDONK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Tim HucksTIM HUCKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Lynn DeeseLYNN DEESE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
John ChiesaJOHN CHIESA
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 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
-
CAROLINAS DISTRICT OF KEY CLUB
$18,000
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
$11,783
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
$11,783
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
THE BOONE KIWANIS FOUNDATION INC
$11,783
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
-
$11,783
TO FURTHER THE GOALS AND IDEALS OF KIWANIS AND PROMOTE GROWTH AND DEVELOPMENT OF KIWANIS IN THE AREA.
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 23 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202622259349301732
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.