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Filing year 2023

KATES FOUNDATION INC

Asheville, North Carolina·EIN 65-0401513·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$61k
Total assets
$0
Total expenses
$1.4M
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2023. KATES FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

President/treasurer
Vice-president
Officer
Vice-chairman & Secretary

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1.4M

Itemized grants

13

Median grant

$10k

RecipientLocationPurposeAmount
BANK OF AMERICA CHARITABLE GIFT FUNDBOSTON, MADISTRIBUTION OF REMAINING ASSETS OF THE ORGANIZATION UPON DISSOLUTION.$1.2M
ASHVILLE JEWISH COMMUNITY CENTERASHEVILLE, NCGENERAL$50k
VECINOSCULLOWHEE, NCGENERAL$40k
PLANNED PARENTHOODSARASOTA, FLGENERAL$25k
HOMEWARD BOUNDASHEVILLE, NCGENERAL$11k
HELPMATE INCASHEVILLE, NCGENERAL$10k
MANNA FOODBANKASHEVILLE, NCFOOD DRIVE$10k
PISGAH LEGAL SERVICESASHEVILLE, NCGENERAL$8k
HELPING AT RISK KIDS (HARK)ASHEVILLE, NCGENERAL$6k
OPEN DOORS ASHEVILLEASHEVILLE, NCGENERAL$5k
CONGREGATION BETH HATEPHILA SISTERHOODASHEVILLE, NCGENERAL$5k
LITERACY TOGETHERASHEVILLE, NCGENERAL$5k
MY DADDY TAUGHT ME THATASHEVILLE, NCGENERAL$5k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

KATES FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about KATES FOUNDATION INC

What are KATES FOUNDATION INC's revenue and expenses?

In 2023, KATES FOUNDATION INC reported $61k in total revenue and $1.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.