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Kwi

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311776354 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Kwi?

Kwi is a nonprofit organization located at 312 Plum Street Suite 950, Cincinnati, Ohio 45202. Its primary role is to support the charitable and educational activities of KnowledgeWorks Foundation. Kwi accomplishes this by providing operational funding of approximately $7,075,390 during fiscal year 2022. The organization manages its investment portfolio to generate resources for the foundation's initiatives, contributing to their mission.

Is Kwi legitimate?

Kwi is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kwi submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kwi?

Kwi supports the charitable and educational activities of Knowledgeworks Foundation. This support is executed through the management of Kwi's investment portfolio and the provision of funding for the foundation's initiatives. In the fiscal year 2022, Kwi contributed $7,075,390 towards the operational support of the Knowledgeworks Foundation's charitable and educational activities.

In essence, Kwi serves as a financial backbone for the Knowledgeworks Foundation, enabling it to carry out its charitable and educational missions. The specific activities supported by Kwi are not detailed in the provided information, but they likely encompass various programs and projects aimed at promoting education and welfare in the community. Kwi's role in this partnership is crucial, as its financial contributions enable the Knowledgeworks Foundation to fulfill its mission of supporting charitable and educational causes.

Who is the CEO of Kwi?

William Hite is the Principal Officer of Kwi. The CEO's salary of Kwi is $0 and their total compensation is $321,663.

What is the revenue of Kwi?

Kwi's revenue in 2022 was $8,238,773.

Who are the executives of Kwi and what are their salaries?

There 6 volunteers at Kwi.


Here are 8 key members and their salaries (Kwi's CEO's salary is $0 and their total compensation is $321,663):


Charles Ambrose (President & Ceo - Term Ended)
  • Compensation: $0
  • Related: $568,162
  • Other: $16,256
Holly Brinkman (Interim Pres&Ceo/Vp&Treasurer)
  • Compensation: $0
  • Related: $275,948
  • Other: $45,715
Matthew Williams (Vp And Secretary)
  • Compensation: $0
  • Related: $256,203
  • Other: $43,059
Mark Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Eagleston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Fry (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Rudden (Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kwi?

Kwi's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kwi

Kwi, a supporting entity, is dedicated to furthering the charitable and educational pursuits of Knowledgeworks Foundation. In accomplishing this mission, Kwi manages its investment portfolio and dispenses funds to facilitate the foundation's activities. During the fiscal year 2022, Kwi contributed significantly to the foundation's charitable and educational endeavors by providing an operational support sum of $7,075,390. This financial backing allows Knowledgeworks Foundation to continue its initiatives aimed at bettering society and fostering knowledge.

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Impact




October, 2024

Kwi has made a significant impact by supporting the charitable and educational initiatives of the KnowledgeWorks Foundation. In fiscal year 2022 alone, Kwi provided an impressive $7,075,390 in operational support, enhancing the Foundation’s ability to drive positive change in education and community development. By effectively managing its investment portfolio, Kwi ensures sustainable funding for KnowledgeWorks' diverse activities, which ultimately benefit various educational programs and initiatives in Cincinnati, OH, and beyond. This strategic financial support underscores Kwi's commitment to philanthropy and its vital role in fostering innovative solutions to enhance educational opportunities and outcomes.




This information is meant to be a general summary of Kwi. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,238,773 (2022)
Expenses
$275,019 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,391,212
  • Gross Receipts: $35,488,983

Assets and Liabilities:

  • Total Assets: $107,586,437
  • Total Liabilities: $63,414
  • Net Assets: $107,523,023

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Organization Details

Founding Year

2001

Principal Officer

William Hite

Main Address

312 PLUM STREET Suite 950, CINCINNATI, OH, 45202

NTEE Category

Code: T30 - Philanthropy

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