Skip to content
Nonprofiteer
← KVC ENDOWMENT INC

Form 990 for tax year 2024

Filed by KVC ENDOWMENT INC.

Totals

Total revenue
$647,895
Total expenses
$54,357
Contributions and grants received
$0
Grants paid
$54,357
Program service revenue
$0
Investment income
$626,004
Other revenue
$21,891
Total assets, end of year
$50,940,853
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$50,940,853
Program services expenses (Part IX)
$54,357
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$54,357

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.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $713,398 · excluded $713,398

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $6,834,971

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

    securities $6,922,365

  • 7c · Gain or loss

    securities -$87,394 · other assets $0

  • 7d · Net gain or loss

    total -$87,394 · excluded -$87,394

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $21,891 · excluded $21,891

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $21,891

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $54,357 · program services $54,357

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,000 · end of year $1,000

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $48,549,230 · end of year $50,796,368

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $115,890 · end of year $143,485

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $48,666,120 · end of year $50,940,853

Mission and programs · 2024

Mission

MANAGE AND ADMINISTER THE ENDOWMENT FUNDS AND OTHER INVESTMENT ASSETS OF GREAT CIRCLE AND KVC MISSOURI, AND TO SUPPORT GREAT CIRCLE AND KVC MISSOURI THROUGH PERIODIC DISTRIBUTIONS TO THE OPERATIONS.

  • SUPPORT OF GREAT CIRCLE AND KVC MISSOURI.

    Expenses $54,357 · Grants $54,357

As filed on the 2024 return.

Listed in Part VII

  • Alan Richter

    PRESIDENT & SECRETARY/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jason Hooper

    DIRECTOR/CEO HSI

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • John Barnes

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Sherri Lohe

    DIRECTOR/CFO HSI

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Tom Aylward

    TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • B Wayne Sims

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Clark Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dee Joyner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Hurst

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Richard Ward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ted Armstrong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

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
2024
Filed
25 March 2026
IRS schema version
2024v5.1
Source object
202640849349300709

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.