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← KAZILIONIS CHARITABLE FUND

Form 990 for tax year 2023

Filed by KAZILIONIS CHARITABLE FUND.

Totals

Total revenue
$3,349,805
Total expenses
$158,837
Contributions and grants received
$3,276,000
Grants paid
$100,000
Program service revenue
$0
Investment income
$73,805
Other revenue
$0
Total assets, end of year
$25,769,152
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$25,769,152
Program services expenses (Part IX)
$100,000
Management and general expenses
$58,837
Fundraising expenses
$0
Program service expenses (Part III)
$100,000

Program services were 63.0% 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

    $3,276,000

  • 1g · Noncash contributions included above

    $3,276,000

  • 3 · Investment income

    total $73,805 · excluded $73,805

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,000 · program services $100,000

  • 11b · Fees: legal

    total $29,548 · management and general $29,548

  • 11c · Fees: accounting

    total $29,289 · management and general $29,289

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $178,184 · end of year $19,347

  • 11 · Investments: publicly traded securities

    beginning of year $1,500,000 · end of year $1,573,805

  • 12 · Investments: other securities

    beginning of year $20,900,000 · end of year $24,176,000

  • 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 $22,578,184 · end of year $25,769,152

Mission and programs · 2023

Mission

THE ORGANIZATION IS OPERATING TO SUPPORT OR BENEFIT PUBLICLY SUPPORTED ORGANIZATIONS WHICH ARE CLOSELY RELATED IN PURPOSE OR FUNCTION TO DECHOMAI OR COLBY COLLEGE.

  • THE ORGANIZATION IS OPERATING TO SUPPORT OR BENEFIT PUBLICLY SUPPORTED ORGANIZATIONS WHICH ARE CLOSELY RELATED IN PURPOSE OR FUNCTION TO DECHOMAI OR COLBY COLLEGE.

    Expenses $100,000 · Grants $100,000

As filed on the 2023 return.

Listed in Part VII

  • Paul D Kazilionis

    CHAIRMAN, PRESIDENT, DIREC

    Total calculated
    $0
    Hours/week
    0.2

  • Douglas Terp

    TREASURER, DIRECTOR

    Total calculated
    $516,305
    From this org
    $0
    From related orgs
    $462,014
    Other
    $54,291
    Hours/week
    0.2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $409,525 related
    Bonus
    $0 + $40,000 related
    Other
    $0 + $12,489 related
    Deferred
    $0 + $26,802 related
    Nontaxable benefits
    $0 + $27,489 related
    Filer's total
    $0 + $516,305 related

  • Bryan K Clontz

    SECRETARY, DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 5 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

  • NOTRE DAME UNIVERSITY

    $100,000

    TO BENEFIT STUDENTS WHO ARE IN NEED OF FINANCIAL ASSISTANCE, TO PROVIDE FELLOWSHIPS FOR GRADUATE STUDENTS, TO OFFSET THE TUITION COSTS FOR VETERANS, AND TO SUPPORT OTHER CAUSES.

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
19 March 2025
IRS schema version
2023v6.0
Source object
202510789349301651

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