Form 990 for tax year 2023
Filed by ALLEN & GLORIA BLOCK FAMILY FOUNDATION.
Totals
- Total revenue
- $66,702
- Total expenses
- $67,869
- Contributions and grants received
- $0
- Grants paid
- $57,500
- Program service revenue
- $0
- Investment income
- $32,738
- Other revenue
- $33,964
- Total assets, end of year
- $818,668
- Total liabilities, end of year
- $32,875
- Net assets or fund balances, end of year
- $785,793
- Program services expenses (Part IX)
- $57,500
- Management and general expenses
- $10,369
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $57,500
Program services were 84.7% 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 $18,153 · related or exempt $18,153
-
6a · Gross rents
real property $33,964
-
6c · Rental income or loss
real property $33,964
-
6d · Net rental income or loss
total $33,964 · related or exempt $33,964
-
7a · Gross sales of assets other than inventory
securities $23,702 · other assets $9,744
-
7b · Less cost or other basis and sales expenses
securities $18,861
-
7c · Gain or loss
securities $4,841 · other assets $9,744
-
7d · Net gain or loss
total $14,585 · related or exempt $14,585
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $57,500 · program services $57,500
-
11b · Fees: legal
total $420 · management and general $420
-
11c · Fees: accounting
total $2,875 · management and general $2,875
-
11f · Fees: investment management
total $116 · management and general $116
-
11g · Fees: other
total $6,958 · management and general $6,958
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $290,016 · end of year $309,821
-
4 · Accounts receivable
beginning of year $18,221 · end of year $28,310
-
11 · Investments: publicly traded securities
beginning of year $154,220 · end of year $190,554
-
12 · Investments: other securities
beginning of year $317,631 · end of year $289,983
-
17 · Accounts payable and accrued expenses
end of year $2,875
-
18 · Grants payable
end of year $30,000
-
25 · Other liabilities
beginning of year $12,880
-
29 · Capital stock, trust principal or current funds
beginning of year $342,450 · end of year $342,450
-
31 · Retained earnings, endowment or other funds
beginning of year $424,758 · end of year $443,343
Mission and programs · 2023
Mission
THIS CORPORATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE TERMS CHARITABLE, SCIENTIFIC AND EDUCATIONAL SHALL HAVE THE SAME MEANINGS HEREIN THAT THEY HAVE IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Activities or mission (Part I)
THE FOUNDATION IS A PUBLIC CHARITY UNDER IRC SECTION 501(C)(3) WHOSE MISSION IS TO PROVIDE SUPPORT FOR OTHER CHARITABLE ORGANIZATIONS WHICH SERVE THE GREATER KANSAS CITY AREA.
-
PROVIDED SPOORT FOR CHARITABLE ORGANIZATION WHICH SERVE HUMAN NEEDS BY ADVANCING CONSTRUCTIVE PROJECTS.
Expenses $57,500 · Grants $57,500
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kenneth G BlockKENNETH G BLOCK
VICE PRESIDE
- Total calculated
- $0
-
Michael R BlockMICHAEL R BLOCK
VP AND SECRE
- Total calculated
- $0
-
Suzanne A BlockSUZANNE A BLOCK
BOARD CHAIRM
- Total calculated
- $0
-
William BlockWILLIAM BLOCK
PRESIDENT
- Total calculated
- $0
-
Barbara McKinneyBARBARA MCKINNEY
VICE PRESIDE
- Total calculated
- $0
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
-
GREATER KANSAS CITY COMMUNITY FD
$57,500
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 August 2024
- IRS schema version
- 2023v5.0
- Source object
- 202432419349300233
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