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K-Ed Foundation is a private corporation based in FRISCO, TX. The foundation received its IRS ruling in 2023. The principal officer is Cayle Schertz. It holds total assets of $12.6M. Annual income is reported at $7.2M. The foundation is governed by 4 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 2021 to 2023. According to available records, K-Ed Foundation has made 9 grants totaling $5.8M, with a median grant of $100K. Annual giving has decreased from $4M in 2022 to $1.8M in 2023. Individual grants have ranged from $5K to $2M, with an average award of $644K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Missouri, Nebraska, Michigan, which account for 56% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
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.
K-Ed Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MO, NE, MI.
K-Ed Foundation has distributed a total of $5.8M across 9 grants. The median grant size is $100K, with an average of $644K. Individual grants have ranged from $5K to $2M.
K-Ed Foundation typically selects its grantees rather than accepting unsolicited proposals.
K-Ed Foundation is headquartered in FRISCO, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Morris E Schertz | PRESIDENT | $0 | $0 | N/A |
| Cayle A Schertz | SECRETARY | $0 | $0 | N/A |
| Keenan C Schertz | VICE PRESIDENT | $0 | $0 | N/A |
| Holly K Schertz | TREASURER | $0 | $0 | N/A |
Total Giving
$1.9M
Total Assets
$15.5M
Fair Market Value
$18.8M
Net Worth
$15.5M
Grants Paid
$1.8M
Contributions
N/A
Net Investment Income
$569K
Distribution Amount
$786K
Total Grants
9
Total Giving
$5.8M
Average Grant
$644K
Median Grant
$100K
Unique Recipients
7
Most Common Grant
$2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Convoy Of HopeCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT | Springfield, MO | $1.3M | 2023 |
| Educational Media FoundationCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT | Omaha, NE | $300K | 2023 |
| Redeemed FoundationCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT | Fremont, MI | $100K | 2023 |
| The Salvation ArmyCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT | City Of Industry, CA | $50K | 2023 |
| CruCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT | Orlando, FL | $36K | 2023 |
| The Warren CenterCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT | Richardson, TX | $8K | 2023 |
| Down Syndrome FsenmCHARITABLE CONTRIBUTION TO 501(C)3 NONPROFIT | Roswell, NM | $5K | 2023 |