Kendrick Foundation Co Bank of America NA
Kendrick Foundation Co Bank of America NA is a private foundation located in Dallas, Texas. Its 2025 filing lists 11 grants totaling $100,000, all with the stated purpose “UNRESTRICTED GENERAL.”
Key facts about Kendrick Foundation Co Bank of America NA
In short: Kendrick Foundation Co Bank of America NA gave $100K across 11 grants in 2025 (avg $9K), top state Massachusetts. 45% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 04-2748787
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $100,000
- Grants made (2025)
- 11
- Average grant
- $9,091
- Median grant
- $9,912
- New grantees (estimate)
- 45% first-time grantees (5 of 11, 2025; small sample)
- Total assets
- $2,245,410
- Primary geography
- Massachusetts (20% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.2M
+3.6% YoY
Annual Giving
$100K
+4.6% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$9K
+4.6% YoY
Under IRS private-foundation payout rules, Kendrick Foundation Co Bank of America NA reported a distributable amount of $130K for 2025 — the minimum it must pay out in qualifying distributions.
Is Kendrick Foundation Co Bank of America NA open to new grantees?
45%
first-time grantees, 2025
In 2025, 5 of 11 grantees (45%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $7K; repeat grants $11K. How we count
Medians: $6K first-time, $10K repeat.
- 27% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement is provided. The 2025 grants include organizations whose own stated missions involve Christian radio, religious programming and publications, and distribution of Talking Bibles worldwide. For example, Faith Communications Corp says it provides Christian radio to communities in several states, while Talking Bibles International describes its mission as distributing Talking Bibles in as many languages as possible.
Grantmaking
In 2025, the foundation gave 11 grants totaling $100,000. Grants ranged from $5,124 to $20,000, with a median grant of $9,912.
Notable 2025 grants included $20,000 to Gordon-Conwell Seminary Inc; $10,000 each to International Luther Laymen’s League, Faith Communications Corp, and Talking Bibles International; and $9,950 to Haven Ministries. These grants were listed as unrestricted general support.
The grantees describe their work in their own terms. Haven Ministries says it provides Christian radio programming and inspirational literature, music, and publications. United Ministries Inc says it provides Christian-oriented radio programming and distributes educational, cultural, and religious information. Gospel Opportunities Inc says it operates a religious non-commercial educational radio station serving Michigan’s Upper Peninsula, parts of Wisconsin, and parts of Canada.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Open Grants
1 open opportunity from Kendrick Foundation Co Bank of America NA
Ready to take the next step with Kendrick Foundation Co Bank of America NA?
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed among recipient organizations in multiple states. The largest listed shares were Massachusetts and California, each with 20%; Missouri, Nevada, and Pennsylvania each accounted for 10%.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $74K (2020) to $128K (2021). In 2025 it made 11 grants totaling $100K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Gordon-Conwell Seminary Inc ($20K). Together the top 10 received $95K.
Grant Size Distribution
61 grants across all recorded years
The most common grant size was under $50K: 61 grants of 61 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gordon-Conwell Seminary Inc S Hamilton, MA | Unrestricted General | $20,000 |
| International Luther Layments League St. Louis, MO | Unrestricted General | $10,000 |
| Faith Communications Corp Las Vegas, NV | Unrestricted General | $10,000 |
| Talking Bibles International Escondido, CA | Unrestricted General | $10,000 |
| Haven Ministries Riverside, CA | Unrestricted General | $9,950 |
| United Ministries Allentown, PA | Unrestricted General | $9,912 |
| St Johns Lutheran Life Enrichment Cente Clarksburg, WV | Unrestricted General | $7,500 |
| International Luther Laymen's League St. Louis, CT | Unrestricted General | $6,000 |
| New Hampshire Gospel Radio Concord, NH | Unrestricted General | $5,845 |
| Catholic Diocese of Biloxi Biloxi, MS | Unrestricted General | $5,669 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $2,245,410 | $229,682 | $152,057 | $100,000 |
| 2024 | $2,167,065 | $237,743 | $137,926 | $95,587 |
| 2023 | $2,069,511 | $67,130 | $131,285 | $93,694 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,245,410 | $2,167,065 | $2,069,511 |
| Revenue | $229,682 | $237,743 | $67,130 |
| Expenses | $152,057 | $137,926 | $131,285 |
| Qualifying Distributions | $120,371 | $114,664 | $110,992 |
| Net Investment Income | $205,474 | $212,933 | $33,893 |
| Distributable Amount | $129,609 | $120,606 | $111,688 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 20, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Bank of America as trustee and Sarah Nute as co-trustee.
Kendrick Foundation Co Bank of America NA's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2020
1 hr/week
$22K (2020) → $28K (2025)
Sarah Nute
Co-Trustee
On filings since 2020
1 hr/week
$4K (2020) → $5K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $28K, to Bank of America (Trustee). 2 officers or directors reported compensation on that filing.
Contact
Mailing address: PO Box 653067, Dallas, TX 75265-3067
Phone: (888) 866-3275
Frequently asked questions about Kendrick Foundation Co Bank of America NA
How much does Kendrick Foundation Co Bank of America NA give each year?
Kendrick Foundation Co Bank of America NA gave $100K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $96K across 11 grants.
What is Kendrick Foundation Co Bank of America NA's typical grant size?
Kendrick Foundation Co Bank of America NA's median grant in 2025 was $9,912, and its average grant was $9,091, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Kendrick Foundation Co Bank of America NA that year got $7K on average.
Where does Kendrick Foundation Co Bank of America NA give grants?
Kendrick Foundation Co Bank of America NA's top state is Massachusetts, with 20% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (20%) and Missouri (10%).
Does Kendrick Foundation Co Bank of America NA give general operating support?
Yes: 100% of Kendrick Foundation Co Bank of America NA's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Kendrick Foundation Co Bank of America NA's largest grantees?
Kendrick Foundation Co Bank of America NA's largest 2025 grantees include Gordon-Conwell Seminary Inc ($20,000), International Luther Layments League ($10,000) and Faith Communications Corp ($10,000), according to its 2025 IRS Form 990-PF. Together they received 40% of its itemized 2025 grant dollars.
How large is Kendrick Foundation Co Bank of America NA?
Kendrick Foundation Co Bank of America NA reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $130K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Kendrick Foundation Co Bank of America NA fund?
No mission statement is provided. The 2025 grants include organizations whose own stated missions involve Christian radio, religious programming and publications, and distribution of Talking Bibles worldwide. See mission & focus areas ↑
How do I apply for a grant from Kendrick Foundation Co Bank of America NA?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Kendrick Foundation Co Bank of America NA's EIN?
Kendrick Foundation Co Bank of America NA's EIN (Employer Identification Number) is 04-2748787. IRS Form 990 filing data is available on this page for 2020–2025.
Does Kendrick Foundation Co Bank of America NA accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Here's the math on researching Kendrick Foundation Co Bank of America NA by hand.
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