Skip to content
Nonprofiteer
← ADDIE AND BAYLOR KIRCHGESSNER FOUNDATION INC

Form 990 for tax year 2023

Filed by ADDIE AND BAYLOR KIRCHGESSNER FOUNDATION INC.

Totals

Total revenue
$288,825
Total expenses
$168,786
Contributions and grants received
$283,753
Grants paid
$132,011
Program service revenue
$0
Investment income
$12,094
Other revenue
-$7,022
Total assets, end of year
$898,074
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$898,074
Program services expenses (Part IX)
$132,011
Management and general expenses
$34,199
Fundraising expenses
$2,576
Program service expenses (Part III)
$132,011

Program services were 78.2% 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.

  • 1c · Fundraising events

    $232,141

  • 1f · All other contributions, gifts and grants

    $51,612

  • 3 · Investment income

    total $13,873 · excluded $13,873

  • 7a · Gross sales of assets other than inventory

    securities $46,342

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

    securities $48,121

  • 7c · Gain or loss

    securities -$1,779

  • 7d · Net gain or loss

    total -$1,779 · excluded -$1,779

  • 8a · Fundraising events: gross income

    $111,939

  • 8a · Fundraising events: contributions included on line 1c

    $232,141

  • 8b · Fundraising events: direct expenses

    $118,961

  • 8c · Net income from fundraising events

    total -$7,022 · excluded -$7,022

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $132,011 · program services $132,011

  • 11c · Fees: accounting

    total $1,200 · management and general $1,200

  • 11f · Fees: investment management

    total $6,127 · management and general $6,127

  • 11g · Fees: other

    total $3,648 · management and general $1,072 · fundraising $2,576

  • 12 · Advertising and promotion

    total $25,800 · management and general $25,800

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100,823 · end of year $219,537

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,000

  • 11 · Investments: publicly traded securities

    beginning of year $589,649 · end of year $678,537

  • 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 $693,472 · end of year $898,074

Mission and programs · 2023

Mission

WE BELIEVE THAT THROUGH TRAGEDY, BEAUTIFUL OPPORTUNITIES UNFOLD. WE BELIEVE IN HONORING ADDIE AND BAYLOR BY BRINGING LOVE, HELP, AND LAUGHTER INTO THE COMMUNITY. IN DOING SO, WE WANT TO ENCOURAGE CHILDREN'S IMAGINATION THROUGH ACCESS TO LITERATURE. THE ADDIE & BAYLOR KIRCHGESSNER FOUNDATION'S MISSION IS TO ENRICH CHILDREN'S LIVES THROUGH THE POWER OF READING AND STORIES.

Activities or mission (Part I)

THE ADDIE & BAYLOR KIRCHGESSNER FOUNDATION'S MISSION IS TO ENRICH CHILDREN'S LIVES THROUGH THE POWER OF READING AND STORIES.

  • CONTINUED PLACING BOOKS IN THE HANDS OF CHILDREN THROUGH BOOK FAIRS IN PARTNERSHIP WITH SCHOLASTIC AND THROUGH NORTON'S REACH OUT AND READ PROGRAM. ADDED POP-UP BOOK GIVEAWAYS IN COORDINATION WITH LOUISVILLE METRO PARKS. AS OF THE END OF 2023, THE FOUNDATION HAS PUT OVER 50,000 BOOKS IN THE HANDS OF CHILDREN WITH A FOCUS ON LOW-INCOME POPULATIONS. THE FOUNDATION ADDED TO ITS LIBRARY RENOVATION WORK BY COMPLETING A LIBRARY RENOVATION AND STATE-OF-THE-ART MEDIA CENTER AT HUTCHISON BEACH ELEMENTARY AND ALSO CONTRIBUTED TO A PRE-SCHOOL RENOVATION AT ST. LAWRENCE CATHOLIC CHURCH. THE FOUNDATION ALSO CONTINUED ITS EFFORTS TO SUPPORT FIRST TEE OF LOUISVILLE, TEACHING CHILDREN LIFE LESSON THROUGH THE GAME OF GOLF.

    Expenses $132,011 · Grants $132,011

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Matthew Kirchgessner

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Lauren Kirchgessner

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Kent Blake

    TREASURER

    Total calculated
    $0
    Hours/week
    2

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

Provenance

Return type
form_990
Tax year
2023
Filed
9 April 2024
IRS schema version
2023v5.0
Source object
202431069349300523

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.