Ross Foundation Co Bill Sheets

KANSAS CITY, MO EIN: 48-6125814

Arts and culture Museums Historical activities Historic preservation Education

Ross Foundation Co Bill Sheets is a private foundation based in Kansas City, Missouri. Established in 1961 in Kansas, the foundation received its IRS tax-exempt ruling in August 1966. It operates as a non-operating private foundation with a focus on philanthropic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

-0.1% YoY

Annual Giving

$262K

+0.8% YoY

Grant Count

+15.4% YoY

Avg Grant Size

$9K

-12.6% YoY

Under IRS private-foundation payout rules, Ross Foundation Co Bill Sheets reported a distributable amount of $321K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports primarily cultural organizations, including the fine arts, historical organizations, and museums. Additional funding priorities include youth programs and science and technology initiatives.

Grantmaking

The foundation made 26 grants in the most recent reporting period. Recent grant recipients have included PKD Foundation ($17,650 for operating support), Boys and Girls Clubs of Greater KC ($5,000), and KC CARE Health Center ($5,000). Historically, the foundation has supported 40 unique organizations and distributed between $245,000 and $291,000 annually from 2020 to 2023. Grantmaking activity peaked in 2022 with $291,000 distributed across 29 grants.

Grant Range

$5,000

Average Grant

$9,000–$10,000

How to Apply

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Geographic Focus

Where this funder awards grants

Grant recipients are concentrated in Missouri, with the foundation primarily funding organizations in this region.

Grant Distribution by State

Missouri $1.3M (100%)

States

Missouri

Cities

Kansas City

Financial History

Multi-year comparison from IRS filings

Assets & Income (2024):

Total assets: $2,292,451
Total revenues: $361,471
Total expenses: $362,976
Investment income and dividends: $189,116
Net gain from sale of non-inventory assets: $172,355

Historical Asset Trends: Total assets have decreased from $3.7 million in 2011 to $2.3 million in 2023, reflecting a significant decline over the 12-year period.

Tax Status: The foundation is designated as a 501(c)(3) organization, and contributions are tax-deductible.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,292,451	$2,293,956	$2,349,982
Revenue	$361,471	$301,560	$190,516
Expenses	$362,976	$357,586	$387,260
Qualifying Distributions	$312,313	$308,543	$338,931
Net Investment Income	$310,808	$252,517	$142,187
Distributable Amount	$320,878	$311,778	$345,838

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

138 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Way of the Plains ($53,500), The Land Institute ($32,100), Givewell ($23,500).

Recipient	Purpose	Amount
BOYS AND GIRLS CLUB OF KC KANSAS CITY, MO	OPERATING	$5,000
BRIDGING THE GAP KANSAS CITY, MO	OPERATING	$3,000
CHILDRENS MERCY OF KC KANSAS CITY, MO	OPERATING	$3,000
CHIX 4 A CAUSE KANSAS CITY, MO	OPERATING	$10,700
CORNERSTONES OF CARESPOFFORD KANSAS CITY, MO	OPERATING	$3,000
GIVEWELL KANSAS CITY, MO	OPERATING	$23,500
HARVESTERS COMMUNITY FOOD NETWORK KANSAS CITY, MO	OPERATING	$2,000
HARVEY COUNTY HISTORICAL SOCIETY KANSAS CITY, MO	OPERATING	$12,000
INDEPENDENT UNITY KANSAS CITY, MO	OPERATING	$1,000
JOEL OSTEEN MINISTRIES KANSAS CITY, MO	OPERATING	$1,250

Leadership & Key People

Leadership team and compensation from IRS filings

Bill Sheets serves as the principal officer of the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM M SHEETS	SEC-TREAS / FOUND MGR	1	$40,000
HAL ROSS	VICE-PRES.	1	$25,000
SUSAN R SHEETS	PRESIDENT	1	$25,000

Contact Information

Address: 4741 Central St # 572, Kansas City, MO 64112-1533

Telephone: 913-486-2752

EIN: 48-6125814

Subject Areas

Focus areas based on grantmaking activity

Arts and culture Museums Historical activities Historic preservation Education

Frequently Asked Questions

What does Ross Foundation Co Bill Sheets fund?

How do I apply for a grant from Ross Foundation Co Bill Sheets?

**Grant Characteristics:** • Median grant size: $5,000 • Average grant size: $9,000–$10,000 • Grant range: $500–$72,000 • Recent annual distribution: $261,650–$291,000 **Recent Activity:** The foundation made 26 grants in the most recent reporting period. Recent grant recipients have included PKD Foundation ($17,650 for operating support), Boys and Girls Clubs of Greater KC ($5,000), and KC CARE Health Center ($5,000). Historically, the foundation has supported 40 unique organizations and distr…

Where does Ross Foundation Co Bill Sheets make grants?

Grant recipients are concentrated in Missouri, with the foundation primarily funding organizations in this region.

What size grants does Ross Foundation Co Bill Sheets award?

In 2024, Ross Foundation Co Bill Sheets awarded 30 grants totaling $262K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Ross Foundation Co Bill Sheets required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ross Foundation Co Bill Sheets reported a distributable amount of $321K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ross Foundation Co Bill Sheets's EIN?

Ross Foundation Co Bill Sheets's EIN (Employer Identification Number) is 48-6125814. IRS Form 990 filing data is available on this page for 2020–2024.