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Kml Foundation Inc. is a private corporation based in ST PETERSBURG, FL. The foundation received its IRS ruling in 2007. The principal officer is John E Kearney. It holds total assets of $11.3M. Annual income is reported at $3.8M. Total assets have grown from $5.3M in 2011 to $11.4M in 2023. The foundation is governed by 4 officers and trustees. Provide scholarships to students in the tampa bay area to attend college. Tax records are available from 2021 to 2023. According to available records, Kml Foundation Inc. has made 4 grants totaling $697K, with a median grant of $185K. Annual giving has grown from $140K in 2021 to $183K in 2023. Grantmaking activity was highest in 2022 with $374K distributed across 2 grants. Individual grants have ranged from $140K to $187K, with an average award of $174K. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Provide scholarships to students in the tampa bay area to attend college.
Expenses: $183K
Provide scholarships to students in the tampa bay area to attend college. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in FL.
Kml Foundation Inc. has distributed a total of $697K across 4 grants. The median grant size is $185K, with an average of $174K. Individual grants have ranged from $140K to $187K.
The application deadline is 60 DAYS PRIOR TO START OF PROGRAM TERM. The following will terminate student from future scholarship,grants & loan payments: suspension or expulsion, convictions in court of law, gpa below 2.0 further to qualify for above educational assistance, must be a resident of hillsborough, pasco or pinellas county.
Kml Foundation Inc. is headquartered in ST PETERSBURG, FL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charlene D Moore | CONTROLLER | $60K | $0 | $60K |
| John E Kearney | PRESIDENT/CH | $50K | $0 | $50K |
| Kim Miller | SECRETARY & | $25K | $0 | $25K |
| Andrew T Siriani | VP/ASST SEC/ | $25K | $0 | $25K |
Total Giving
$542K
Total Assets
$11.4M
Fair Market Value
$14.6M
Net Worth
$11.4M
Grants Paid
$183K
Contributions
$875K
Net Investment Income
$3K
Distribution Amount
N/A
Total: $10.7M
Total Grants
4
Total Giving
$697K
Average Grant
$174K
Median Grant
$185K
Unique Recipients
1
Most Common Grant
$187K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached SheetSCHOLARSHIPS | St Petersburg, FL | $183K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL