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Nonprofiteer
← KIMBALL EDUCATION FOUNDATION

Form 990 for tax year 2023

Filed by KIMBALL EDUCATION FOUNDATION.

Totals

Total revenue
$51,314
Total expenses
$80,494
Contributions and grants received
$14,107
Grants paid
$67,450
Program service revenue
$0
Investment income
$37,207
Other revenue
$0
Total assets, end of year
$1,615,825
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,615,825
Program services expenses (Part IX)
$69,502
Management and general expenses
$10,992
Fundraising expenses
$0
Program service expenses (Part III)
$69,502

Program services were 86.3% 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

    $14,107

  • 3 · Investment income

    total $42,663 · excluded $42,663

  • 7b · Less cost or other basis and sales expenses

    securities $5,456

  • 7c · Gain or loss

    securities -$5,456

  • 7d · Net gain or loss

    total -$5,456 · excluded -$5,456

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $45,750 · program services $45,750

  • 2 · Grants to domestic individuals

    total $21,700 · program services $21,700

  • 11c · Fees: accounting

    total $1,395 · management and general $1,395

  • 11f · Fees: investment management

    total $9,597 · management and general $9,597

  • 13 · Office expenses

    total $2,032 · program services $2,032

  • 24a · Other expenses: BANK FEES

    total $20 · program services $20

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $6,113 · end of year $77,615

  • 11 · Investments: publicly traded securities

    beginning of year $1,535,532 · end of year $1,051,061

  • 12 · Investments: other securities

    end of year $487,149

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,541,645 · end of year $1,615,825

Mission and programs · 2023

Mission

TO PROVIDE SCHOLARSHIPS TO STUDENTS AT THE UNIVERSITY OF KANSAS.

Activities or mission (Part I)

TO AWARD SCHOLARSHIPS TO STUDENTS AT THE UNIVERSITY OF KANSAS.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $23,752 · Grants $21,700

  • GRANTS TO UNIVERSITY OF KANSAS DELTA CHI ASSOCIATION FOR EDUCATIONAL PORTION OF OPERATIONAL EXPENSES.

    Expenses $45,750 · Grants $45,750

As filed on the 2023 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Alex Langdon

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Matthew Gough

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mark Borcherding

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeff Ahlers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Whitaker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Dreitzler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jake Bethel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 January 2025
IRS schema version
2023v6.0
Source object
202520159349301342

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