BIDDEFORD, ME
Kahle-Austin Foundation
Quick Facts
- EIN
- 911816164
- Location
- BIDDEFORD, ME
- Category
- Philanthropy & Grantmaking
- Total Assets
- $161.8M
- Annual Income
- $129.4M
- IRS Ruling Year
- 1998
- Organization Type
- Corporation
- Principal Officer
- % Mary K Austin
- Tax Deductibility
- Contributions are deductible
About This Foundation
Kahle-Austin Foundation is a private corporation based in BIDDEFORD, ME. The foundation received its IRS ruling in 1998. The principal officer is % Mary K Austin. It holds total assets of $161.8M. Annual income is reported at $129.4M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$6.5M
2023+49%
Total Assets
$147.1M
2023+8%
Fair Market Value
$147.1M
2023
Net Worth
$145.7M
2023
Grants Paid
$5.6M
2023
Contributions
$0
2023
Net Investment Income
$1.6M
2023
Distribution Amount
$6.5M
2023
Total Giving by Year
$4.7M
11$4M
12$1.7M
13$2.7M
14$2.9M
15$19.8M
19$8M
20$2.5M
21$4.4M
22$6.5M
23Asset Growth
$26.8M
11$24.6M
12$48.6M
13$48.1M
14$45.6M
15$119.1M
19$152.8M
20$157.3M
21$135.9M
22$147.1M
23Investment Portfolio (2023)
Total: $88.2M
Corporate Stock: $44.3M
Corporate Bonds: $7M
Government Obligations: $36.9M
Other Investments: $55.5M
Cash: $365K
Corporate Stock (31%)
Corporate Bonds (5%)
Government Obligations (26%)
Other Investments (39%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$5.6M
Legal Fees$138K
Depreciation$63K
Accounting Fees$33K
Revenue Sources (2023)
- Dividends
- $2.2M
- Other Income
- $415K
- Interest
- $11K
- Capital Gains (Net)
- $-4,064,068
Financial Details (2023)
- Total Revenue
- $-1,432,933
- Total Expenses
- $6.5M
- Exempt Purpose Expenses
- $5.8M
- Required Distribution
- $6.5M
- Undistributed Income
- $0
- Total Liabilities
- $1.4M
- Excise Tax
- $23K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
10
Total Giving
$15.8M
Average Grant
$1.6M
Median Grant
$95K
Total Giving by Year
$6.6M (6 grants)
20$3.6M (2 grants)
22$5.6M (2 grants)
23Grant Range
Min$5K
Max$6M
Median: $95K
Smallest grantLargest grant
Openness to New Grantees (2023)
50%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
ME: $15K (1)
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
OH: $9.6M (3)
PA
NJ
CA
CA: $165K (3)
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
OH$9.6M (3)
CA$165K (3)
ME$15K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Open Library Of CanadaGeneral Support | Toronto | $5.5M | 2023 |
| Fidelity Charitable Gift FundGeneral Support | Cincinnati, OH | $100K | 2023 |
| Fidelity Charitable Gift FundGeneral Support | Cincinnati, OH | $3.5M | 2022 |
| Sf Center For The BookGeneral Support | San Francisco, CA | $90K | 2022 |
| Fidelity Charitable Gift FundGeneral Support | Cincinnati, OH | $6M | 2020 |
| Stitching Internet ArchiveOperational Expenses | Zutphen | $500K | 2020 |
| Sf Center For The BookGeneral Support | San Francisco, CA | $70K | 2020 |
| Rebus FoundationGeneral Support | Montreal | $30K | 2020 |
| Save Our Libraries InstituteGeneral Support | Biddeford, ME | $15K | 2020 |
| San Francisco Nature EducationSaurday Programs | San Francisco, CA | $5K | 2020 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
| 2015-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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