Form 990 for tax year 2023
Filed by KINKAID INVESTMENTS FOUNDATION.
Totals
- Total revenue
- -$68,483
- Total expenses
- $18,081
- Contributions and grants received
- $5,000
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- -$73,513
- Other revenue
- $30
- Total assets, end of year
- $155,573
- Total liabilities, end of year
- $4,752
- Net assets or fund balances, end of year
- $150,821
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $18,081
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
1f · All other contributions, gifts and grants
$5,000
-
3 · Investment income
total $4,933 · excluded $4,933
-
5 · Royalties
total $30 · excluded $30
-
7b · Less cost or other basis and sales expenses
other assets $78,446
-
7c · Gain or loss
other assets -$78,446
-
7d · Net gain or loss
total -$78,446 · excluded -$78,446
Functional expenses
Part IX, the statement of functional expenses.
-
24a · Other expenses: Life insurance writeoff
total $13,040 · management and general $13,040
-
24b · Other expenses: Life insurance premiums
total $4,891 · management and general $4,891
-
24c · Other expenses: Other investment exp.
total $150 · management and general $150
Balance sheet
Part X, book values.
-
4 · Accounts receivable
beginning of year $14,040
-
11 · Investments: publicly traded securities
beginning of year $120,408 · end of year $128,100
-
12 · Investments: other securities
beginning of year $105,919 · end of year $27,473
-
25 · Other liabilities
beginning of year $4,891 · end of year $4,752
-
27 · Net assets without donor restrictions
beginning of year $235,476 · end of year $150,821
Mission and programs · 2023
Mission
See Schedule O
Activities or mission (Part I)
The Kinkaid Investments Foundation promotes, receives, and administers gifts of realty and other nonliquid assets for the benefit of The Kinkaid School, Inc.
-
The Kinkaid Investments Foundation promotes, receives, and administers gifts of realty and other nonliquid assets for the benefit of The Kinkaid School, Inc (the School). This support allows the School to employ the best qualified teachers, provide financial assistance to students who would not otherwise be able to attend the School and promote the educational purposes and general welfare of the School.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Elizabeth Leykum
President
- Total calculated
- $0
- Hours/week
- 1
-
Helena Papadopoulos Johnson
Vice President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brian Dinerstein
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Huddle
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Dyer
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jesse Boyd Heath
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Cecil J Looke III
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steven P Mach
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Precious Williams Owodunni
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joanne Margraves
CFO
- Total calculated
- $368,749
- From this org
- $0
- From related orgs
- $324,164
- Other
- $44,585
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $297,995 related
- Bonus
- $0 + $12,000 related
- Other
- $0 + $14,169 related
- Deferred
- $0 + $28,024 related
- Nontaxable benefits
- $0 + $16,561 related
- Filer's total
- $0 + $368,749 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
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.
-
501(c)(3) · Education · TX
-
The Kinkaid School Endowment Fund
501(c)(3) · Hold and invest permanent funds for The Kinkaid School, Inc. · TX
Directly controlled by The Kinkaid School Inc
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501339349304275
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