Skip to content
Nonprofiteer
← COOLIDGE FOUNDATION INC

Form 990 for tax year 2023

Filed by COOLIDGE FOUNDATION INC.

Totals

Total revenue
$59,998
Total expenses
$69,243
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$59,998
Other revenue
$0
Total assets, end of year
$1,070,198
Total liabilities, end of year
$131,267
Net assets or fund balances, end of year
$938,931
Program services expenses (Part IX)
$4,036
Management and general expenses
$65,207
Fundraising expenses
$0
Program service expenses (Part III)
$4,036

Program services were 5.8% 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.

  • 3 · Investment income

    total $30,725 · excluded $30,725

  • 7a · Gross sales of assets other than inventory

    securities $111,435

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

    securities $82,162

  • 7c · Gain or loss

    securities $29,273

  • 7d · Net gain or loss

    total $29,273 · excluded $29,273

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $65,243 · program services $4,036 · management and general $61,207

  • 11f · Fees: investment management

    total $4,000 · management and general $4,000

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

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

    $45,600

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $45,600 · end of year $45,600

  • 11 · Investments: publicly traded securities

    beginning of year $1,033,843 · end of year $1,024,598

  • 17 · Accounts payable and accrued expenses

    beginning of year $52,904 · end of year $41,667

  • 18 · Grants payable

    beginning of year $51,200 · end of year $89,600

  • 29 · Capital stock, trust principal or current funds

    beginning of year $929,739 · end of year $893,331

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

    beginning of year $45,600 · end of year $45,600

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

Support of YMCA of Central Kentucky.

Activities or mission (Part I)

SUPPORT OF YMCA OF CENTRAL KENTUCKY

  • Support of YMCA of Central Kentucky Lexington, KY Pursuant to an agreement dated April 11, 1977, and renewed effective July 1, 1997, the Foundation has agreed to support the YMCA of Central Kentucky (successor to the Young Men's Christian Association of Greater Lexington, Inc.) by contributing its net investment income (but not including gains realized from the sale or exchange of any assets) to that organization. The Foundation also leases real estate in Nicholasville, Kentucky known as the Caroline Memorial Community Center to the YMCA at no charge. The YMCA of Central Kentucky is a publicly supported organization of the type described in Section 509(a)(1) of the Internal Revenue Code.

    Expenses $4,036

As filed on the 2023 return.

Listed in Part VII

  • Keith G Coolidge

    President, Director

    Total calculated
    $0
    Hours/week
    0.25

  • Mark W Coolidge

    Vice Pres, Sec, Treas, Dir

    Total calculated
    $0
    Hours/week
    0.25

  • Paula Anderson

    Director

    Total calculated
    $244,733
    From this org
    $0
    From related orgs
    $213,189
    Other
    $31,544
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $211,894 related
    Bonus
    $0 + $1,295 related
    Other
    $0
    Deferred
    $0 + $23,549 related
    Nontaxable benefits
    $0 + $7,995 related
    Filer's total
    $0 + $244,733 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J - Part 1, Line 3
Paula Anderson is the President/CEO of the supported organization, YMCA of Central Kentucky. Her compensation is established by approval of the board or compensation committee of the YMCA. Amounts reported as income are for the 2023 calendar year as reported on the YMCA's 2023 Form 990.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations 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.

  • YMCA of Central Kentucky

    501(c)(3) · childcare, youth & teen programs, aquatics, camps, sports & fitness programs · KY

    Directly controlled by YMCA of Central Kentucky

Provenance

Return type
form_990
Tax year
2023
Filed
4 February 2026
IRS schema version
2023v6.0
Source object
202600359349301530

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.