Kwi EIN 31-1776354 Form 990 (PDF) Claim this org

Kwi FY2022 filing

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Funds charitable and educational projects of KnowledgeWorks Foundation. For fiscal year 2022 it reported $8.2M in revenue, $275K in expenses, and $107.5M in net assets.Pt I

Founded
2001
Type
Supporting organization · Foundations & Grantmakers
Location
Cincinnati, OH
Filings
5 on file (2020–2022)
Revenue
$8.2MFY2022
Expenses
$275K
Net assets
$107.5M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  31-1776354 Supporting organization Cincinnati, OH Founded 2001
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/27/26 · see original: IRS
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Size
$1–10M
What they do
Funds charitable and educational projects of KnowledgeWorks Foundation.
Leadership
Charles Ambrose · President & CEO - Term Ended
Money in and out
$8.2M revenue, $275K expenses
Money in and out · FY2022
Total revenue
$8.2M
Pt VIII · Ln 12
Total expenses
$275K
Pt IX · Ln 25
Net assets
$107.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $8.0M
Where spending went · Part IX cols B–D
Program services $0.10 Management & general $0.90

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$8.2M
FY2022▲ +40%
Expenses
$275K
FY2022▼ -2%
Total assets
$107.6M
FY2022▼ -14%
Total liabilities
$63K
FY2022▼ -93%
Total revenue
$8.2M
Pt VIII · Ln 12
Total expenses
$275K
Pt IX · Ln 25
Net assets
$107.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$8.0M
Total assetsPt X · Ln 16$107.6M
Program-expense ratioPt IX · col B10%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKwi
EINHdr · item D31-1776354
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2001
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFJun 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President & CEO - Term Ended
$0Pt VII · Sec A
Interim Pres&ceo/Vp&treasurer
$0Pt VII · Sec A
VP and Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair of the Board
$0Pt VII · Sec A
Vice Chair of Board
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $28K of program spending, described in the organization's own filed words · FY2021.
01

During fiscal year 2022, kwi supported the charitable and educational activities of knowledgeworks foundation through providing $7,075,390 of operational support.

$28Kprogram expense

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Statement of Revenue

Part VIII
Investment income$7.4M · 90%
Other revenue$848K · 10%
Investment income90%$7.4M
Other revenue10%$848K
Total revenueLn 12$8.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.10 Management & general $0.90
Program services10%$28K
Management & general90%$247K
Total functional expensesLn 25$275K

Balance Sheet

Part X · end of year
CashLn 1$758K
Total assetsLn 16$107.6M
Total liabilitiesLn 26$63K
Total net assetsLn 32$107.5M
Months of cash on handcomputed33.1

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$3.5M revenue · ⤓ 990 PDF
FY2023$2.9M revenue · ⤓ 990 PDF
FY2022$8.2M revenue · viewing · ⤓ 990 PDF
FY2021$5.9M revenue · ⤓ 990 PDF
FY2020$772K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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