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← KENDAL CHARITABLE FUNDS

Form 990 for tax year 2024

Filed by KENDAL CHARITABLE FUNDS.

What the amendment changed

Compared with the return it replaced , filed 7 June 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$226,284 changed to $88,810
Total expenses
$149,057 changed to $48,635
Contributions and grants received
$98,316 changed to $3,522
Grants paid
$70,000 changed to $25,000
Investment income
$127,968 changed to $85,288
Total assets, end of year
$4,700,173 changed to $0
Total liabilities, end of year
$373,815 changed to $0
Net assets or fund balances, end of year
$4,326,358 changed to $0
Program services expenses
$70,000 changed to $25,000
Management and general expenses
$79,057 changed to $23,635
Program service expenses (Part III)
$70,000 changed to $25,000

Listed only on the earlier return

  • Tara Quinn

Listed under a different title

  • Amy Harrison: CFO [INTERIM CEO THRU JAN 2024] then CFO
  • Dan Churchill: MEMBER then TREASURER
  • Richard Schramm: TREASURER then MEMBER
  • Vassar Byrd: PRESIDENT & CEO EFFECTIVE JAN 2024 then CEO

Totals

Total revenue
$88,810
Total expenses
$48,635
Contributions and grants received
$3,522
Grants paid
$25,000
Program service revenue
$0
Investment income
$85,288
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$25,000
Management and general expenses
$23,635
Fundraising expenses
$0
Program service expenses (Part III)
$25,000

Program services were 51.4% 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

    $3,522

  • 3 · Investment income

    total $26,939 · excluded $26,939

  • 7a · Gross sales of assets other than inventory

    securities $239,911

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

    securities $181,562

  • 7c · Gain or loss

    securities $58,349

  • 7d · Net gain or loss

    total $58,349 · excluded $58,349

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,000 · program services $25,000

  • 11b · Fees: legal

    total $12,827 · management and general $12,827

  • 11f · Fees: investment management

    total $6,212 · management and general $6,212

  • 12 · Advertising and promotion

    total $3,000 · management and general $3,000

  • 13 · Office expenses

    total $304 · management and general $304

  • 14 · Information technology

    total $390 · management and general $390

  • 17 · Travel

    total $902 · management and general $902

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $150,604 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $160,145 · end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $4,389,424 · end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 25 · Other liabilities

    beginning of year $373,815 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $3,047,941 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $1,278,417 · end of year $0

Mission and programs · 2024

Mission

RAISE, RECEIVE, MANAGE, INVEST AND EXPEND FUNDS IN SUPPORT OF THE KENDAL CORPORATION, ITS AFFILIATED ENTITIES, AND ITS CHARITABLE PURPOSES

Activities or mission (Part I)

TO TRANSFORM THE EXPERIENCE OF AGING BY SUPPORTING THE KENDAL CORPORATION AND AFFILIATES

  • LLOYD LEWIS PROMISING INNOVATIONS GRANT:THE 2025 PROMISING INNOVATIONS GRANT CONTINUED TO FOCUS ON THE NATIONAL WORKFORCE SHORTAGES FACING THE HEALTHCARE SYSTEM, PARTICULARLY THE SHORTAGE OF SKILLED WORKERS IN THE FIELD OF AGING SERVICES. FUNDING WAS APPROVED DURING THE JANUARY 2025 BOARD MEETING TO PROVIDE ADDITIONAL FUNDING TO THE ACADEMY OF HOPE ADULT PUBLIC CHARTER SCHOOL (AOH). AOH WAS AWARDED A $50,000 GRANT IN 2025 TO BE DISBURSED THROUGHOUT THE 2025 CALENDAR YEAR. THE GRANT PROGRAM RUNS 1/1/2025 - 12/31/2025. THE FIRST INSTALLMENT WAS PAID IN FEBRUARY 2025. THE FINAL INSTALLMENT IS SCHEDULED TO BE PAID IN DECEMBER 2025 BY THE KENDAL CORPORATION, WHO ASSUMED ALL ASSETS AND LIABILITIES OF KENDAL CHARITABLE FUND (KCF) UPON KCF'S DISSOLUTION.AS PART OF AOH'S GRANT-FUNDED PROGRAM, ADULT LEARNERS WILL BE TRAINED AND CERTIFIED IN CNA TRAINING, WHICH WILL INCLUDE CLINICAL TRAINING, MANDATORY INTERNSHIPS AND JOB SHADOWING OPPORTUNITIES.

    Expenses $25,000 · Grants $25,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Barbara Freedman

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Jeffrey Harness

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Carla Willis

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • Dan Churchill

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • James Greenwood

    MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Richard Schramm

    MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Lee Ann Sullivan

    MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Grace Tompos

    MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Vassar Byrd

    CEO

    Total calculated
    $232,000
    From this org
    $0
    From related orgs
    $216,000
    Other
    $16,000
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $190,903 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $97 related
    Deferred
    $0 + $7,000 related
    Nontaxable benefits
    $0 + $9,000 related
    Filer's total
    $0 + $232,000 related
  • Amy Harrison

    CFO

    Total calculated
    $182,800
    From this org
    $0
    From related orgs
    $161,000
    Other
    $21,800
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $144,000 related
    Bonus
    $0
    Other
    $0 + $17,000 related
    Deferred
    $0 + $4,800 related
    Nontaxable benefits
    $0 + $17,000 related
    Filer's total
    $0 + $182,800 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)

PART I, LINE 3
THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL. ALL COMPENSATION DISCLOSED ON FORM 990, PART VII AND ON SCHEDULE J, PART II IS BY A RELATED PARTY FOR SERVICES RENDERED TO THE RELATED PARTY. THE RELATED PARTY, THE KENDAL CORPORATION, IS A 501(C)(3) PUBLIC CHARITY. THE RELATED PARTY USES THE FOLLOWING WHEN EVALUATING COMPENSATION: A COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT, THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS, A COMPENSATION SURVEY/STUDY AND APPROVAL BY THE BOARD.

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

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.

  • THE KENDAL CORPORATION

    501(C)(3) · DEVELOP/SUPPORT/LEAD A SYSTEM OF COMMUNITIES AND SERVICES FOR OLDER PERSONS · PA

  • KENDAL NEW YORK

    501(C)(3) · PROVIDE SUPPORT SERVICES FOR TWO RETIREMENT COMMUNITIES IN NY STATE · NY

    Directly controlled by THE KENDAL CORPORATION

  • KENDAL AGING

    501(C)(3) · PROVIDE SUPPORT SERVICES FOR RETIREMENT COMMUNITIES IN CA STATE · CA

    Directly controlled by THE KENDAL CORPORATION

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

  • Liquidation · CASH & INVESTMENTS · Jun 11, 2025 · 501(C)(3)

  • BALLARD SPAHR LLC

    $12,827

    Liquidation · LEGAL FEES FOR MERGER PLANNING AND EXECUTION · Jun 11, 2025 · LIMITED LIABILITY COMPANY (LLC)

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202543169349302614

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