Form 990 for tax year 2023
Filed by KAREN WELLINGTON MEMORIAL FOUNDATION FOR LIVING WITH BREAST.
Totals
- Total revenue
- $1,113,655
- Total expenses
- $1,163,054
- Contributions and grants received
- $1,130,362
- Grants paid
- $666,421
- Program service revenue
- $0
- Investment income
- $41,243
- Other revenue
- -$57,950
- Total assets, end of year
- $702,361
- Total liabilities, end of year
- $47,504
- Net assets or fund balances, end of year
- $654,857
- Program services expenses (Part IX)
- $881,630
- Management and general expenses
- $185,512
- Fundraising expenses
- $95,912
- Program service expenses (Part III)
- $881,630
Program services were 75.8% 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
$583,613
-
1f · All other contributions, gifts and grants
$546,749
-
1g · Noncash contributions included above
$226,104
-
3 · Investment income
total $10,532 · unrelated business $0 · excluded $10,532
-
7a · Gross sales of assets other than inventory
securities $57,180
-
7b · Less cost or other basis and sales expenses
securities $26,469
-
7c · Gain or loss
securities $30,711
-
7d · Net gain or loss
total $30,711 · related or exempt $0 · unrelated business $0 · excluded $30,711
-
8a · Fundraising events: gross income
$111,214
-
8a · Fundraising events: contributions included on line 1c
$583,613
-
8b · Fundraising events: direct expenses
$171,242
-
8c · Net income from fundraising events
total -$60,028 · unrelated business $0 · excluded -$60,028
-
10a · Gross sales of inventory
$786
-
10b · Cost of goods sold
$2,358
-
10c · Net income from sales of inventory
total -$1,572 · excluded -$1,572
-
11a · Other revenue: Miscellaneous
total $3,650 · related or exempt $0 · unrelated business $0 · excluded $3,650
-
11e · Other revenue, total
$3,650
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $666,421 · program services $666,421
-
5 · Compensation of officers, directors and key employees
total $79,908 · program services $38,176 · management and general $30,512 · fundraising $11,220
-
6 · Compensation of disqualified persons
total $7,100 · program services $3,392 · management and general $2,711 · fundraising $997
-
7 · Other salaries and wages
total $190,425 · program services $90,976 · management and general $72,711 · fundraising $26,738
-
9 · Other employee benefits
total $21,238 · program services $10,147 · management and general $8,109 · fundraising $2,982
-
10 · Payroll taxes
total $21,827 · program services $10,428 · management and general $8,334 · fundraising $3,065
-
11b · Fees: legal
total $100 · program services $0 · management and general $100 · fundraising $0
-
11c · Fees: accounting
total $51,100 · program services $23,940 · management and general $19,180 · fundraising $7,980
-
11g · Fees: other
total $20,163 · program services $13,561 · management and general $175 · fundraising $6,427
-
12 · Advertising and promotion
total $14,761 · program services $1,583 · management and general $4,028 · fundraising $9,150
-
13 · Office expenses
total $18,730 · program services $2,466 · management and general $7,721 · fundraising $8,543
-
14 · Information technology
total $2,033 · program services $1,180 · management and general $625 · fundraising $228
-
16 · Occupancy
total $26,623 · program services $12,000 · management and general $11,623 · fundraising $3,000
-
17 · Travel
total $7,263 · program services $2,640 · management and general $2,890 · fundraising $1,733
-
23 · Insurance
total $5,512 · program services $1,156 · management and general $3,971 · fundraising $385
-
24a · Other expenses: Staff and volunteer appreciation
total $8,890 · program services $1,954 · management and general $4,358 · fundraising $2,578
-
24b · Other expenses: Dues and subscriptions
total $7,204 · program services $0 · management and general $6,101 · fundraising $1,103
-
24c · Other expenses: Merchandise, equipment and supplies
total $1,699 · program services $442 · management and general $1,253 · fundraising $4
-
24d · Other expenses: Service fees
total $8,926 · program services $1,049 · management and general $1,097 · fundraising $6,780
-
24e · All other expenses
total $3,131 · program services $119 · management and general $13 · fundraising $2,999
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $281,019 · end of year $176,762
-
3 · Pledges and grants receivable
end of year $29,335
-
8 · Inventories for sale or use
end of year $60,907
-
9 · Prepaid expenses and deferred charges
end of year $20,674
-
11 · Investments: publicly traded securities
beginning of year $296,075 · end of year $414,683
-
15 · Other assets
beginning of year $51,891
-
17 · Accounts payable and accrued expenses
beginning of year $26,951 · end of year $47,504
-
27 · Net assets without donor restrictions
beginning of year $602,034 · end of year $625,522
-
28 · Net assets with donor restrictions
end of year $29,335
Mission and programs · 2023
Mission
We put fun on the calendars of women and families with breast cancer by sending them on special vacation, relaxing spa days, dinners out, concerts, and other fun-only activities.
-
At KWF we work to put FUN on the calendars for woment and families LIVING with breast cancer. From vacations to spa days, backstage passes and sporting events, trips to the zoo, and nights on the town, no single gift of FUN is the same. In 2023 alone we gave over 500 total gifts which provided much needed respite and mental health breaks from breast cancer. As KWF increases giving, we will send about 100+ women on vacations, 250+ woment to spas and other gifts of fun, and 500 Lemons to Lemonade FUN boxes. Approximately 30% of those gifts are in-kind donated experiences - including donated vacation home rentals, donated spa days gifts by various spas throughout the U.S., donated concert and sports tickets and more. In short, we leverage donations in putting KWF experiences together for KWF recipients. These experiences are designed to help women who are actively battling breast cancer, live life to the fullest. The mental health benefits of having something good to look forward to have been proven to energize and renew them, encouraging them to stay positive during the darkest of times. KWFs mission is to give to all who are nominated and reach more women and families in the coming years. Around 30% of our gifts are the last experiences these families will have, which is why many families choose KWF as a beneficiary of their memorial funds. We call these gifts FUNds. Our list of FUNds keeps growing and while we are saddened at the loss of life, we are privileged to help families hela through paying it forward. Many of those families stay involved with KWF by helping us deliver FUN to others.
Expenses $881,630 · Grants $666,421
As filed on the 2023 return.
Listed in Part VII
-
Katie Alsip Elbisser
Executive Director
- Total calculated
- $87,008
- From this org
- $79,908
- From related orgs
- $0
- Other
- $7,100
- Hours/week
- 40
-
Kent Wellington
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Terri Karsten
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Michael Chasnoff
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Zand Walters
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Marie Arcuri
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Lori Falke
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dave Laug
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr Steve Perez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steven Reder
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Jones
Director
- Total calculated
- $0
- Hours/week
- 1
-
Liz Knecht
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tashawna Otabil
Director
- Total calculated
- $0
- Hours/week
- 1
-
Christopher Smitherman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Nero
Director
- Total calculated
- $0
- Hours/week
- 1
-
Molly Flanagan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joe Pellegrini
Director
- Total calculated
- $0
- Hours/week
- 1
-
Breanna Bovara
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kim Amrine
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kecia Benneth
Director
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413199349305276
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.