OLATHE, KS
Kao Family Foundation
Quick Facts
- EIN
- 202014620
- Location
- OLATHE, KS
- Category
- Philanthropy & Grantmaking
- Total Assets
- $123M
- Annual Income
- $37.2M
- IRS Ruling Year
- 2005
- Organization Type
- Corporation
- Principal Officer
- % Min-Hwan Kao
- Tax Deductibility
- Contributions are deductible
About This Foundation
Kao Family Foundation is a private corporation based in OLATHE, KS. The foundation received its IRS ruling in 2005. The principal officer is % Min-Hwan Kao. It holds total assets of $123M. Annual income is reported at $37.2M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$4.3M
2023+17%
Total Assets
$98M
2023+17%
Fair Market Value
$107.5M
2023
Net Worth
$98M
2023
Grants Paid
$4.1M
2023
Contributions
$14.5M
2023
Net Investment Income
$4.2M
2023
Distribution Amount
$4.5M
2023
Total Giving by Year
$720K
11$809K
12$912K
13$1.1M
14$1.1M
15$3.4M
19$3.5M
20$4.9M
21$3.7M
22$4.3M
23Asset Growth
$9.9M
11$9.7M
12$9.6M
13$9.4M
14$9.1M
15$68.7M
19$73M
20$82.7M
21$83.9M
22$98M
23Investment Portfolio (2023)
Total: $94.7M
Corporate Stock: $42.9M
Corporate Bonds: $50.2M
Government Obligations: $1.5M
Other Investments: $3M
Cash: $33K
Corporate Stock (44%)
Corporate Bonds (51%)
Government Obligations (2%)
Other Investments (3%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$4.1M
Officer Compensation$105K
Accounting Fees$28K
Legal Fees$13K
Travel & Conferences$6K
Revenue Sources (2023)
- Contributions
- $14.5M
- Dividends
- $4.2M
- Other Income
- $40K
- Interest
- $229
- Capital Gains (Net)
- $-237,692
Financial Details (2023)
- Total Revenue
- $18.5M
- Total Expenses
- $4.3M
- Exempt Purpose Expenses
- $4.3M
- Required Distribution
- $4.5M
- Undistributed Income
- $0
- Total Liabilities
- $1
- Excise Tax
- $58K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
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
See Similar Foundations
Philanthropy & Grantmaking
Gates Foundation
SEATTLE, WA
$78.7BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Gates Foundation Trust
KIRKLAND, WA
$77.6BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Ford Foundation
NEW YORK, NY
$17.5BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
William & Flora Hewlett Foundation
MENLO PARK, CA
$14.2BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Robert Wood Johnson Foundation
PRINCETON, NJ
$13.4BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
J Paul Getty Trust
LOS ANGELES, CA
$13BPhilanthropy & Grantmaking