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Kite Family Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2022. It holds total assets of $4.3M. Annual income is reported at $2.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Kite Family Foundation has made 2 grants totaling $39K, with a median grant of $19K. Individual grants have ranged from $14K to $25K, with an average award of $19K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Kite Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in TX.
Kite Family Foundation has distributed a total of $39K across 2 grants. The median grant size is $19K, with an average of $19K. Individual grants have ranged from $14K to $25K.
Kite Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kite Family Foundation is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephanie Kite Jones | SECRETARY & BOARD MEMBER | $0 | $0 | $0 |
| Paul C Kite | BOARD MEMBER | $0 | $0 | $0 |
| David T Kite | BOARD MEMBER | $0 | $0 | $0 |
| Sandra Sue Jones | BOARD MEMBER | $0 | $0 | $0 |
| Thomas O Kite Jr | PRESIDENT & BOARD MEMBER | $0 | $0 | $0 |
Total Giving
$63K
Total Assets
$3.9M
Fair Market Value
$5.1M
Net Worth
$3.9M
Grants Paid
$39K
Contributions
$3.4M
Net Investment Income
$1.2M
Distribution Amount
$104K
Total: $2.3M
Total Grants
2
Total Giving
$39K
Average Grant
$19K
Median Grant
$19K
Unique Recipients
2
Most Common Grant
$14K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Tee Greater AustinUNRESTRICTED GENERAL | Austin, TX | $25K | 2023 |
| Dell Children'S Medical Center FdnUNRESTRICTED GENERAL | Austin, TX | $14K | 2023 |
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