Form 990 for tax year 2024
Filed by KOSAIR CHARITIES COMMITTEE INC.
Totals
- Total revenue
- $37,719,505
- Total expenses
- $24,281,077
- Contributions and grants received
- $4,903,009
- Grants paid
- $17,912,748
- Program service revenue
- $1,386,346
- Investment income
- $30,772,102
- Other revenue
- $658,048
- Total assets, end of year
- $382,480,591
- Total liabilities, end of year
- $22,112,042
- Net assets or fund balances, end of year
- $360,368,549
- Program services expenses (Part IX)
- $23,161,788
- Management and general expenses
- $846,110
- Fundraising expenses
- $273,179
- Program service expenses (Part III)
- $23,161,788
Program services were 95.4% 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.
-
1c · Fundraising events
$428,998
-
1f · All other contributions, gifts and grants
$4,474,011
-
1g · Noncash contributions included above
$172,718
-
2a · Program service revenue: FREE RENT
total $1,386,346 · related or exempt $1,386,346
-
3 · Investment income
total $6,666,818 · excluded $6,666,818
-
7a · Gross sales of assets other than inventory
securities $58,745,358
-
7b · Less cost or other basis and sales expenses
securities $34,640,074
-
7c · Gain or loss
securities $24,105,284
-
7d · Net gain or loss
total $24,105,284 · excluded $24,105,284
-
8a · Fundraising events: gross income
$1,014,562
-
8a · Fundraising events: contributions included on line 1c
$428,998
-
8b · Fundraising events: direct expenses
$466,120
-
8c · Net income from fundraising events
total $548,442 · excluded $548,442
-
11a · Other revenue: MISCELLANEOUS
total $109,606 · related or exempt $109,606
-
11e · Other revenue, total
$109,606
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $16,928,067 · program services $16,928,067
-
2 · Grants to domestic individuals
total $984,681 · program services $984,681
-
5 · Compensation of officers, directors and key employees
total $534,339 · program services $259,168 · management and general $201,259 · fundraising $73,912
-
7 · Other salaries and wages
total $1,709,783 · program services $1,315,773 · management and general $262,376 · fundraising $131,634
-
8 · Pension plan contributions
total $213,865 · program services $143,275 · management and general $37,240 · fundraising $33,350
-
9 · Other employee benefits
total $175,467 · program services $116,845 · management and general $48,055 · fundraising $10,567
-
10 · Payroll taxes
total $154,527 · program services $100,118 · management and general $31,161 · fundraising $23,248
-
11b · Fees: legal
total $29,542 · program services $22,685 · management and general $6,857
-
11c · Fees: accounting
total $50,840 · management and general $50,840
-
11f · Fees: investment management
total $1,076,377 · program services $1,076,377
-
11g · Fees: other
total $57,392 · program services $57,392
-
12 · Advertising and promotion
total $760,164 · program services $667,598 · management and general $92,566
-
13 · Office expenses
total $132,180 · program services $123,731 · management and general $8,449
-
14 · Information technology
total $163,331 · program services $103,970 · management and general $59,361
-
16 · Occupancy
total $454,479 · program services $452,337 · management and general $2,142
-
17 · Travel
total $4,045 · program services $3,613 · management and general $81 · fundraising $351
-
19 · Conferences, conventions and meetings
total $80,255 · program services $79,372 · management and general $883
-
22 · Depreciation, depletion and amortization
total $476,697 · program services $476,697
-
23 · Insurance
total $25,130 · management and general $25,130
-
24a · Other expenses: OTHER EXPENSES
total $243,400 · program services $224,897 · management and general $18,386 · fundraising $117
-
24b · Other expenses: DEVELOPMENT PROGRAMS
total $17,478 · program services $17,478
-
24c · Other expenses: STAFF DEVELOPMENT
total $9,038 · program services $7,714 · management and general $1,324
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $200,291 · end of year $126,875
-
2 · Savings and temporary cash investments
beginning of year $2,001,984 · end of year $18,165,446
-
4 · Accounts receivable
beginning of year $759,741 · end of year $100,785
-
9 · Prepaid expenses and deferred charges
beginning of year $121,996 · end of year $348,652
-
10a · Land, buildings and equipment: cost or other basis
$18,037,330
-
10b · Land, buildings and equipment: accumulated depreciation
$11,142,757
-
10c · Land, buildings and equipment, net
beginning of year $5,506,216 · end of year $6,894,573
-
11 · Investments: publicly traded securities
beginning of year $319,155,463 · end of year $336,530,307
-
12 · Investments: other securities
beginning of year $17,943,023 · end of year $20,313,953
-
15 · Other assets
beginning of year $1,115,860 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $548,714 · end of year $651,420
-
18 · Grants payable
beginning of year $19,021,721 · end of year $21,306,077
-
19 · Deferred revenue
beginning of year $123,292 · end of year $72,879
-
25 · Other liabilities
beginning of year $90,508 · end of year $81,666
-
27 · Net assets without donor restrictions
beginning of year $112,130,486 · end of year $127,357,202
-
28 · Net assets with donor restrictions
beginning of year $214,889,853 · end of year $233,011,347
Mission and programs · 2024
Mission
KOSAIR FOR KIDS MISSION IS TO ENHANCE THE HEALTH AND WELL-BEING OF CHILDREN BY DELIVERING FINANCIAL SUPPORT FOR HEALTHCARE, RESEARCH, EDUCATION, SOCIAL SERVICES, AND CHILD ADVOCACY.
Activities or mission (Part I)
ENHANCE THE HEALTH AND WELL-BEING OF CHILDREN BY DELIVERING FINANCIAL SUPPORT FOR HEALTHCARE, RESEARCH, EDUCATION, SOCIAL SERVICES, AND CHILD ADVOCACY.
-
KOSAIR FOR KIDS GRANT PROGRAM PROVIDED GRANTS TO LOCAL NONPROFIT ORGANIZATIONS TO SUPPORT THEIR MISSIONS TO ENHANCE THE HEALTH AND WELL-BEING OF CHILDREN BY DELIVERING FINANCIAL SUPPORT FOR HEALTHCARE, RESEARCH, EDUCATION, SOCIAL SERVICES, CHILD ADVOCACY, EXPERIENCES AND FREE RENT TO OTHER NON-PROFITS.
Expenses $22,177,107 · Grants $16,928,067 · Revenue $1,495,952
-
KOSAIR FOR KIDS FINANCIAL ASSISTANCE PROGRAM PROVIDES DIRECT FINANCIAL ASSISTANCE TO KENTUCKY AND SOUTHERN INDIANA FAMILIES. THE PROGRAM IS DESIGNED TO HELP WITH MEDICAL, EQUIPMENT, DENTAL, AND THERAPY BILLS OF CHILDREN 17 YEARS OF AGE AND UNDER OR STILL ATTENDING HIGH SCHOOL WHOSE FAMILIES CANNOT OTHERWISE AFFORD TO PAY. EACH APPLICATION RECEIVES A FULL REVIEW TO DETERMINE HOW BEST KOSAIR FOR KIDS CAN AID THE FAMILY.
Expenses $984,681 · Grants $984,681
As filed on the 2024 return.
Listed in Part VII
-
Kenneth E ReissKENNETH E REISS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Patrick MillerPATRICK MILLER
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Kirk CarterKIRK CARTER
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
David L ScheuDAVID L SCHEU
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Larry CraigLARRY CRAIG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Harry LuskHARRY LUSK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
David OwenDAVID OWEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Dwight MaddoxDWIGHT MADDOX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
David NicholsonDAVID NICHOLSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Charlie BostonCHARLIE BOSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
James SzoferJAMES SZOFER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Bill KinmanBILL KINMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
John ShofnerJOHN SHOFNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Rich WilliamsRICH WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Shawn BeasleySHAWN BEASLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Steve HuestonSTEVE HUESTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Rich TinsleyRICH TINSLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Tom HarperTOM HARPER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Larry MannLARRY MANN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Tom O'BryanTOM O'BRYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Richard WebbRICHARD WEBB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Owen WetzelOWEN WETZEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Bobby BaileyBOBBY BAILEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
James SchliseJAMES SCHLISE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Ronnie WaizRONNIE WAIZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Barry DunnBARRY DUNN
PRESIDENT
- Total calculated
- $329,554
- From this org
- $286,853
- From related orgs
- $0
- Other
- $42,701
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $286,853
- Bonus
- $0
- Other
- $0
- Deferred
- $35,857
- Nontaxable benefits
- $6,844
- Filer's total
- $329,554
-
Aimee SappAIMEE SAPP
SR VICE PRESIDENT, CFO (FORMER)
- Total calculated
- $204,786
- From this org
- $179,580
- From related orgs
- $0
- Other
- $25,206
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,080
- Bonus
- $500
- Other
- $0
- Deferred
- $16,215
- Nontaxable benefits
- $8,991
- Filer's total
- $204,786
-
Beth DenhamBETH DENHAM
SR VP OF DEVELOPMENT
- Total calculated
- $173,831
- From this org
- $147,890
- From related orgs
- $0
- Other
- $25,941
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,390
- Bonus
- $2,500
- Other
- $0
- Deferred
- $16,033
- Nontaxable benefits
- $9,908
- Filer's total
- $173,831
-
Jason WilsonJASON WILSON
SR VP OF REGIONAL DEVELOPM
- Total calculated
- $166,021
- From this org
- $139,562
- From related orgs
- $0
- Other
- $26,459
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,562
- Bonus
- $3,000
- Other
- $0
- Deferred
- $17,522
- Nontaxable benefits
- $8,937
- Filer's total
- $166,021
-
Chris WilliamsCHRIS WILLIAMS
SR VP OF COMMUNICATIONS
- Total calculated
- $153,312
- From this org
- $129,215
- From related orgs
- $0
- Other
- $24,097
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $128,715
- Bonus
- $500
- Other
- $0
- Deferred
- $16,300
- Nontaxable benefits
- $7,797
- Filer's total
- $153,312
-
Roy CrawfordROY CRAWFORD
VP OF INFORMATION TECHNOLO
- Total calculated
- $176,148
- From this org
- $145,560
- From related orgs
- $0
- Other
- $30,588
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,060
- Bonus
- $500
- Other
- $0
- Deferred
- $20,352
- Nontaxable benefits
- $10,236
- Filer's total
- $176,148
-
Amy DeeringAMY DEERING
VP OF FINANCE
- Total calculated
- $130,406
- From this org
- $108,489
- From related orgs
- $0
- Other
- $21,917
- Hours/week
- 40
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
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
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
-
BAPTIST HEALTHCARE FOUNDATION INC
$4,173,767
HEALTHCARE
-
UNIVERSITY OF LOUISVILLE FOUNDATION INC
$2,737,497
HEALTHCARE
-
$750,000
CHILD ADVOCACY
-
KIDS CENTER FOR PEDIATRIC THERAPIES
$567,500
HEALTHCARE
-
UNIVERSITY OF KENTUCKY
$483,155
HEALTHCARE
-
$345,906
HEALTHCARE
-
SHRINERS HOSPITALS FOR CHILDREN
$338,650
HEALTHCARE
-
CHILD ADVOCACY
-
$205,100
HEALTHCARE
-
$200,000
HEALTHCARE
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
501(C)(8) & (C)(10) · FRATERNAL · KY
-
501(C)(3) · FUNDRAISING · KY
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
EAST LAKE PROPERTY LLC
REAL ESTATE · KY · assets $1,084,775
Directly controlled by KOSAIR CHARITIES COMMITTEE INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202642189349301104
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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