Nonprofits/Organizations/45-3961865
Active
501(c)(3)
T11 · Philanthropy, Voluntarism & Grantmaking
Form 990

Highland Kansas City Foundation Inc

EIN 45-3961865DALLAS, TX 75201Founded 2011WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

TO SUPPORT AND BENEFIT THE GREATER KANSAS CITY COMMUNITY FOUNDATION, A MISSOURI NONPROFIT CORPORATION.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$1.1M

-94.4%YoY

Total Expenses

$510K

-74.6%YoY

Net Assets

$88.2M

-3.1%YoY

Employees

0

Grants Paid

$500K

Program Expense Ratio

98.1%

This nonprofit profile presents IRS Form 990 tax filing data for Highland Kansas City Foundation Inc (EIN: 45-3961865), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue declined -94.4% to $1.1M
Program spending ratio of 98.1% — excellent
2077.6 months of operating reserves — strong cushion
Expenses decreased -74.6% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy not in place
Financial statements not audited
3-member board, 1 independent

Compensation

Top compensation: $549,913 (SECRETARY, TREASURER)
Top exec pay is 107.9% of total expenses — elevated
Schedule J filed for 2 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
98.1% of spending goes to programs
No programs generate independent revenue
$500K in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Highland Kansas City Foundation Inc is a 501(c)(3) nonprofit headquartered in DALLAS, TX, founded in 2011. It is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2013. In its 2024 filing, the organization reported $1.1M in total revenue, a 94.4% decrease from the prior year, and $510K in total expenses. DEBORAH L WILKERSON, SECRETARY, TREASURER, is the highest-compensated individual at $549,913. The organization runs 1 program, totaling $500K in program expenses. 2 of 6 recommended governance policies are in place.

Highland Kansas City Foundation Inc is classified under NTEE code T11 (Single Organization Support), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.

Programs(Tax Year 2024)

1 record

Programs Overview

Highland Kansas City Foundation Inc operates 1 program, with total program expenses of $500K. Highland Kansas City Foundation Inc's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $500,000

THE HIGHLAND KANSAS CITY FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY AS A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), TO SUPPORT AND BENEFIT THE GREATER KANSAS CITY COMMUNITY FOUNDATION ("GKCCF"), A MISSOURI NONPROFIT CORPORATION. GKCCF IS EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) OF THE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE AND A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) OF THE CODE.THE ORGANIZATION RECEIVED ITS FUNDING AS ONE OF THREE CHARITABLE REMAINDER BENEFICIARIES OF A CHARITABLE REMAINDER TRUST CREATED BY JAMES DONDERO, WHICH TERMINATED ON NOVEMBER 30, 2011. THE CHARITABLE PURPOSES OF THE ORGANIZATION'S SUPPORTED ORGANIZATION ARE TO IMPROVE THE QUALITY OF LIFE IN THE GREATER KANSAS CITY COMMUNITY BY INCREASING CHARITABLE GIVING, CONNECTING DONORS TO THE NEEDS OF THE COMMUNITY THEY CARE ABOUT, AND PROVIDING LEADERSHIP ON CRITICAL COMMUNITY ISSUES. IN 2024, GKCCF PAID OUT $357,753,871 IN GRANTS TO CHARITABLE ORGANIZATIONS, THE GREAT MAJORITY OF WHICH ARE IN THE GREATER KANSAS CITY REGION AND INCLUDE THE CHARITABLE SECTORS OF ARTS AND CULTURE, EDUCATION, HEALTH, MEDICINE AND SCIENCE, HUMAN SERVICES, AND PHILANTHROPY. THE ORGANIZATION WILL SUPPORT AND BENEFIT GKCCF BY MAKING GRANTS DIRECTLY TO GKCCF IN SUPPORT OF ITS CHARITABLE PURPOSES. IN ADDITION, UPON THE DIRECTION AND ON BEHALF OF GKCCF, THE ORGANIZATION MAY MAKE GRANTS TO SUCH OTHER PUBLIC CHARITIES THAT GKCCF WISHES TO BENEFIT IN FURTHERANCE OF GKCCF'S EXEMPT PURPOSES. THE TOTAL ANNUAL GRANTS FROM THE ORGANIZATION TO OR ON BEHALF OF GKCCF ARE EXPECTED TO AVERAGE APPROXIMATELY $475,000 PER YEAR.

Financial Overview(Tax Years 2020–2024)

5 records

Financial Highlights

Over the past 5 years, Highland Kansas City Foundation Inc's revenue has declined from $2.7M to $1.1M, a 59.6% decrease. Program expenses represent 98% of total spending.

Revenue decreased 94.4% year-over-year, while expenses declined 74.6%. net assets fell to $88.2M, down 3.1% from the prior year.

Highland Kansas City Foundation Inc derives 100% from investment income.

Highland Kansas City Foundation Inc allocates 98% to programs, 2% to management and general.

Revenue declined by 94.4% and expenses declined by 74.6% year over year.

Highland Kansas City Foundation Inc distributed $500K in grants to other organizations and individuals, representing 98% of total expenses.

Over 5 filings from 2020–2024, Highland Kansas City Foundation Inc declined revenue from $2.7M to $1.1M (-59.6%) while maintaining a program expense ratio of 98%.

Highland Kansas City Foundation Inc holds $88.2M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 1000.0 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$1.1M$0$0$0$1.1M
2023$19.8M$0$0$0$19.8M
2022$49.2M$0$0$0$49.2M
2021$16.5M$0$0$0$16.5M
2020$2.7M$0$0$0$2.7M

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$510K$500K$10K$0$500K
2023$2.0M$2.0M$10K$0$2.0M
2022$200K$0$200K$0$0
2021$538K$350K$188K$0$350K
2020$732K$600K$132K$0$600K

Program Expense Ratio

98.1%

Admin Expense Ratio

1.9%

Fundraising Efficiency

Operating Reserve

1000.0 mo

People & Compensation(Tax Year 2024)

3 records

Compensation Summary

Highland Kansas City Foundation Inc reported compensation for 3 officers and key employees. Total officer compensation was $850K, representing 166.9% of total expenses. 1 individual received total compensation exceeding $500,000.

Highland Kansas City Foundation Inc's highest-compensated individual received $550K in total compensation. Total officer compensation of $850K represents 166.9% of total expenses. 1 individual received total compensation exceeding $500,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DEBORAH L WILKERSONSECRETARY, TREASURER
OfficerDirector
2.00$0$490,724$549,913
BRENDA CHUMLEYDIRECTOR
Director
0.50$0$256,661$300,406
JAMES DONDEROPRESIDENT, DIRECTOR
OfficerDirector
1.00$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

DEBORAH L WILKERSON

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

BRENDA CHUMLEY

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Highland Kansas City Foundation Inc has 2 of 6 recommended governance policies in place, including conflict of interest. Its board has 3 members, 1 of whom are independent.

Highland Kansas City Foundation Inc does not have audited financial statements.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members3
Independent members1

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

1 record

Grantmaking Summary

Highland Kansas City Foundation Inc awarded $500K across 1 grant to organizations. Top recipients include GREATER KANSAS CITY COMMUNITY FOUNDATION (KANSAS CITY, MO) — $500K for general program support.

Organization Grants

RecipientLocationAmountPurpose
GREATER KANSAS CITY COMMUNITY FOUNDATION431152398KANSAS CITY, MO$500KGENERAL PROGRAM SUPPORT

Foreign Activities(Tax Year 2024)

International Overview

Activities span CENTRAL AMERICA AND THE CARIBBEAN.

Regions & Countries

Region / CountryActivityExpenditure
CENTRAL AMERICA AND THE CARIBBEAN

Filing History(Tax Years 2013–2024)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$1.1M$510K$88.2M
2023
990
2023-01-01 – 2023-12-31$19.8M$2.0M$91.0M
2022
990
2022-01-01 – 2022-12-31$49.2M$200K$90.6M
2021
990
2021-01-01 – 2021-12-31$16.5M$538K$79.7M
2020
990
2020-01-01 – 2020-12-31$2.7M$732K$58.0M
2013–2019No filings acquired yet

Frequently Asked Questions

What does Highland Kansas City Foundation Inc do?

TO SUPPORT AND BENEFIT THE GREATER KANSAS CITY COMMUNITY FOUNDATION, A MISSOURI NONPROFIT CORPORATION.

How much revenue does Highland Kansas City Foundation Inc have?

Highland Kansas City Foundation Inc reported $1,103,223 in total revenue for tax year 2024, down 94.4% from the prior year.

Who is the highest-paid executive at Highland Kansas City Foundation Inc?

DEBORAH L WILKERSON, SECRETARY, TREASURER, received $549,913 in total compensation as of tax year 2024.

Is Highland Kansas City Foundation Inc a 501(c)(3)?

Yes, Highland Kansas City Foundation Inc is classified as a 501(c)(3) tax-exempt organization.

Where is Highland Kansas City Foundation Inc located?

Highland Kansas City Foundation Inc is headquartered in DALLAS, TX 75201.

What type of nonprofit is Highland Kansas City Foundation Inc?

Highland Kansas City Foundation Inc is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Highland Kansas City Foundation Inc audited?

No, Highland Kansas City Foundation Inc does not currently have audited financial statements.

Does Highland Kansas City Foundation Inc give grants?

Yes, Highland Kansas City Foundation Inc distributed $500,000 in grants to other organizations and individuals in tax year 2024. Top recipients include GREATER KANSAS CITY COMMUNITY FOUNDATION.

Does Highland Kansas City Foundation Inc operate internationally?

Yes, Highland Kansas City Foundation Inc conducts activities outside the United States. Activities span CENTRAL AMERICA AND THE CARIBBEAN.

Data Source

Prepared by: DELOITTE TAX LLP, HOUSTON, TX

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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