Southtown Foundation

The Southtown Foundation is a nonprofit organization designated as a 501(c)(3) entity, located in Kansas City, Missouri. It was established and recognized as tax-exempt since February 1999, with the EIN (Employer Identification Number) being 43-1815673[1][3].

Mission and Activities

The Southtown Foundation is categorized under community improvement and capacity building, focusing on community, neighborhood development, and improvement. Its mission aligns with enhancing the quality of life in Southtown by promoting partnerships, economic stimulation, eliminating blight, and stabilizing neighborhoods[5]. Although the foundation's primary mission is aligned with broader community goals, its activities are closely integrated with local initiatives and organizations to foster a better living environment.

Financial Overview

In recent years, the Southtown Foundation has primarily relied on investment income as its main source of revenue. For instance, in the fiscal year ending December 2022, its total revenue was generated entirely from investment income, amounting to $23. The organization maintains a stable financial position with total assets of approximately $14,893 and no reported liabilities[1]. In contrast, during previous fiscal years, such as 2020, a significant portion of revenue came from other sources, reflecting the organization's adaptability in funding strategies[1].

Governance

The foundation is governed by a board of directors, with key positions held by individuals such as Tim Ahlenius serving as President, Alicia Douglas as First Vice President, and Stacy Purvis as Secretary/Treasurer. Notably, none of the directors or officers receive compensation for their roles, highlighting a volunteer-based governance structure[1].

Strategic Partnerships

The Southtown Foundation collaborates with various local organizations to achieve its community development goals. Partners include broader community councils and business associations, which collectively work towards enhancing the community's quality of life through diverse initiatives[2].