Kynect Cares Foundation Inc
Kynect Cares Foundation Inc is a private foundation based in Plano, Texas. Its 2024 IRS filing is marked as a final return, and the filing describes the dissolution of Kynect Ltd as of December 31, 2024, leaving investment units with a value of zero. The foundation therefore appears to have wound down or stopped grantmaking.
Kynect Cares Foundation Inc at a glance
- Latest 990 filing
- Form 990 filing, 2024 View filing
Data from IRS Form 990 filing, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Kynect Cares Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 866725, Plano, TX 75086-6725
Phone: (214) 800-4400
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Kynect Cares Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
58 grants across all recorded years
The most common grant size was under $50K: 52 grants of 58 (90%).
Geographic Focus
Where this funder awards grants
The foundation is based in Plano, Texas. Listed 2022 grantees were located in Texas, Colorado, and Missouri.
Grant Distribution by State
Cities
Is Kynect Cares Foundation Inc open to new grantees?
83%
first-time grantees, 2022
In 2022, 10 of 12 grantees (83%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $9K; repeat grants $13K. How we count
Medians: $8K first-time, $13K repeat.
- 17% of 2022 grantees were also funded in 2021. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2022). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $64K (2020) to $556K (2021). In 2022 it made 12 grants totaling $114K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hug It Forward Krum, TX | Youth Education | $25,000 |
| Authentic Leadership Foundation Dallas, TX | Education Assistance | $20,000 |
| Texas Christian University Fort Worth, TX | Student Scholarships | $15,000 |
| Heroic Media Dallas, TX | Youth Education | $10,000 |
| St Rita Catholic Church Dallas, TX | Religious donations to help the youth | $10,000 |
| Camp Wojtyla Erie, CO | Youth Camp | $10,000 |
| Biking for Babies Saint Charles, MO | Youth Education | $5,000 |
| Tobet Irving, TX | Youth Education | $5,000 |
| Birth Choice Dallas, MS | Youth Education | $5,000 |
| YCP Dallas, TX | Youth Education | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2023 | $460,000 | — | $2,176 | — | — | — | — |
| 2022 | $462,176 | $60,000 | $118,618 | $113,560 | 12 | $113,560 | $60,000 |
| 2021 | $520,794 | $732,968 | $819,976 | $556,444 | 19 | $819,585 | $196,859 |
| 2020 | $607,802 | $121,464 | $73,547 | $63,906 | 27 | — | — |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2022 grants included organizations whose stated missions concerned youth and educator leadership, higher education, wilderness-based Christian formation, and the dignity of human life. These are the grantees’ missions, not stated priorities of the foundation.
Grantmaking
The foundation reported 12 grants totaling $113,560 in 2022 and 19 grants totaling $556,444 in 2021. It reported no grants in 2023. The available figures do not establish a typical grant size.
Notable 2022 grantees included:
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Pierre Koshakji as President.
Kynect Cares Foundation Inc is led by Pierre Koshakji, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Pierre Koshakji
President
On filings since 2020
$4K (2021) → $0 (2024)
Former officers (1)
- Former: Mary Ramsey (2020–2021) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $4K, to Pierre Koshakji (President).
Frequently asked questions about Kynect Cares Foundation Inc
What does Kynect Cares Foundation Inc fund?
No mission statement for the foundation is provided. Its 2022 grants included organizations whose stated missions concerned youth and educator leadership, higher education, wilderness-based Christian formation, and the dignity of human life. See mission & focus areas ↑
How do I apply for a grant from Kynect Cares Foundation Inc?
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Kynect Cares Foundation Inc make grants?
The foundation is based in Plano, Texas. Listed 2022 grantees were located in Texas, Colorado, and Missouri.
What is Kynect Cares Foundation Inc's EIN?
Kynect Cares Foundation Inc's EIN (Employer Identification Number) is 82-0709980. IRS Form 990 filing data is available on this page for 2020–2024.
Does Kynect Cares Foundation Inc 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 September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Figures come from Kynect Cares Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Kynect Cares Foundation Inc down — hundreds of funders to go?