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David And Terri@Kester Foundation Inc. is a private corporation based in ASHEVILLE, NC. The foundation received its IRS ruling in 2017. The principal officer is David Kester. It holds total assets of $4.4M. Annual income is reported at $872K. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in New York and Florida. According to available records, David And Terri@Kester Foundation Inc. has made 33 grants totaling $549K, with a median grant of $20K. The foundation has distributed between $254K and $295K annually from 2021 to 2023. Individual grants have ranged from $1K to $30K, with an average award of $17K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Florida, New York, Maryland, which account for 45% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$20K
Average Grant
$18K
Largest Grant
$31K
Based on 16 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
David And Terri@Kester Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in FL, NY, MD.
David And Terri@Kester Foundation Inc. has distributed a total of $549K across 33 grants. The median grant size is $20K, with an average of $17K. Individual grants have ranged from $1K to $30K.
David And Terri@Kester Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
David And Terri@Kester Foundation Inc. is headquartered in ASHEVILLE, NC. While based in NC, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Kester | PRESIDENT | $0 | $0 | N/A |
| Theresa Kester | VICE-PRESIDENT | $0 | $0 | N/A |
| Rachel Anne Kester | SECRETARY | $0 | $0 | N/A |
| Joseph Andrew Kester | DIRECTOR | $0 | $0 | N/A |
| Michael David Kester | DIRECTOR | $0 | $0 | N/A |
Total Giving
$295K
Total Assets
$4.6M
Fair Market Value
$5.3M
Net Worth
$4.6M
Grants Paid
$254K
Contributions
N/A
Net Investment Income
$175K
Distribution Amount
$249K
Total: $4.1M
Total Grants
33
Total Giving
$549K
Average Grant
$17K
Median Grant
$20K
Unique Recipients
19
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Red CrossGENERAL CHARITABLE | Boone, IA | $30K | 2023 |
| Unc Chapel HillGENERAL CHARITABLE | Chapel Hill, NC | $25K | 2023 |
| Save The ChildrenGENERAL CHARITABLE | Fairfield, CT | $25K | 2023 |
| Doctors Without BordersGENERAL CHARITABLE | New York, NY | $25K | 2023 |
| Catholic Relief ServicesGENERAL CHARITABLE | Baltimore, MD | $25K | 2023 |
| Second Harvest Food Bank Of Central FloridaGENERAL CHARITABLE | Orlando, FL | $20K | 2023 |
| Food For The PoorGENERAL CHARITABLE | Coconut Creek, FL | $20K | 2023 |
| Habitat For HumanityGENERAL CHARITABLE | Americus, GA | $20K | 2023 |
| World Vision IncGENERAL CHARITABLE | Federal Way, WA | $20K | 2023 |
| Nature ConservancyGENERAL CHARITABLE | Arlington, VA | $10K | 2023 |
| World Wildlife FundGENERAL CHARITABLE | Washington, DC | $10K | 2023 |
| Sisters Of Mercy-Northeast CommunityGENERAL CHARITABLE | Cumberland, RI | $10K | 2023 |
| Community Communications Inc Dba 907 WmfeGENERAL CHARITABLE | Orlando, FL | $8K | 2023 |
| Holy Trinity Roman Catholic ChurchGENER | Utica, NY | $5K | 2023 |
| Clarkson UniversityGENERAL CHARITABLE | Potsdam, NY | $1K | 2023 |
| Feeding AmericaGENERAL OPERATIONS | Chicago, IL | $25K | 2021 |
| Usfund For UnicefGENERAL CHARITABLE | New York, NY | $20K | 2021 |
| Taxpayers Against Fraud Education Fund IncGENERAL CHARITABLE | Washington, DC | $10K | 2021 |
| University Of Maryland-Baltimore Foundation IncGENERAL CHARITABLE | Baltimore, MD | $5K | 2021 |