NonprofitsKhyc Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Khyc Foundation

REDONDO BEACH, CA

Total revenue

$61K

Total expenses

$60K

Net assets

$8K

Grants received

EIN

813490443

Tax year

2024

Mission

The specific purpose of the Corporation shall be primarily to support and encourage boating and access to the ocean and ocean related sports and other nonprofit organizations that organize encourage and sponsor yachting and yacht racing in and about the waters of Southern California and secondarily to support other charitable endeavors This purpose will be accomplished by organizing and hosting charity events specifically including but not limited to the annual King Harbor Yacht Club Holiday Boat Parade charity event to raise funds to be directed towards charitable endeavors This corporation may also carry out other charitable and educational activities associated with these goals as allowed by law

Financials

FY 2024

Revenue

Contributions & grants$57K
Program service revenue
Investment income$2
Other revenue
Total revenue$61K

Expenses

Grants paid$60K
Salaries & benefits
Fundraising
Other expenses$50
Total expenses$60K
Total assets$8K
Net assets$8K

People

5 listed

NameRoleCompensation

Kari Keidser

PresidentDirector

Board

1 hrs/wk

Janine Thompson

SecretaryDirector

Board

2 hrs/wk

Lee Coller

TreasurerDirector

Board

2 hrs/wk

Patricia Light

Director

Board

4 hrs/wk

Tracey McMartin

Director

Board

4 hrs/wk

Details

EIN813490443
NTEE codeT12
Subsection03
Ruling date2017-06
KHYC FOUNDATION — Mission, Financials & Grants Received | Grantivo