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KANSAS CITY, MO

Patterson Family Foundation

Quick Facts

EIN
376714807
Location
KANSAS CITY, MO
Category
Philanthropy & Grantmaking
Total Assets
$1.5B
Annual Income
$341.9M
IRS Ruling Year
2021
Organization Type
Corporation
Tax Deductibility
Contributions are deductible

About This Foundation

Patterson Family Foundation is a private corporation based in KANSAS CITY, MO. The foundation received its IRS ruling in 2021. It holds total assets of $1.5B. Annual income is reported at $341.9M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$63.2M

2023+67%

Total Assets

$1.4B

2023+12%

Fair Market Value

$1.4B

2023

Net Worth

$1.4B

2023

Grants Paid

$51.3M

2023

Contributions

$15K

2023

Net Investment Income

$26M

2023

Distribution Amount

$65.6M

2023

Total Giving by Year

$37.8M
22
$63.2M
23

Asset Growth

$1
21
$1.2B
22
$1.4B
23

Investment Portfolio (2023)

Total: $2.4M

Government Obligations: $2.4M
Other Investments: $1.4B
Cash: $249K
Government Obligations (0%)
Other Investments (100%)
Cash (0%)

Expense Breakdown (2023)

Grants Paid$51.3M
Officer Compensation$201K
Pension & Benefits$177K
Occupancy$147K
Legal Fees$61K
Accounting Fees$51K
Interest$27K
Travel & Conferences$9K
Depreciation$4K

Revenue Sources (2023)

Other Income
$171.3M
Dividends
$36.1M
Capital Gains (Net)
$3.8M
Gross Rents
$63K
Contributions
$15K

Financial Details (2023)

Total Revenue
$211.2M
Total Expenses
$63.2M
Exempt Purpose Expenses
$53.3M
Required Distribution
$65.6M
Undistributed Income
$50.5M
Grants Approved (Future)
$8.5M
Total Liabilities
$970
Excise Tax
$362K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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