2026-02-11T21:07:15+00:00 2023-12-31 440160260 Forvis Mazars LLP 1201 Walnut Street Suite 1700 Kansas City MO 641062246 990 2023-01-01 431743289 KVC Endowment Inc KVCE 9133224900 21350 W 153RD STREET OLATHE KS 66061 SHERRI LOHE CFO 2026-02-12 true Michael Engle P00482834 8162216300 2026-02-12 2023 2025-03-06 01:10:19Z X X SHERRI LOHE 21350 W 153RD STREET OLATHE KS 66061 4287978 false X www.kvc.org X 1996 MO MANAGE AND ADMINISTER THE ENDOWMENT FUNDS AND OTHER INVESTMENT ASSETS OF GREAT CIRCLE AND TO SUPPORT GREAT CIRCLE THROUGH PERIODIC DISTRIBUTIONS TO THE OPERATIONS. 11 9 0 7 0 0 476856 2366 0 1821188 4285612 0 2298044 4287978 7086000 0 0 0 71017 70333 71017 70333 7157017 2227711 -2869039 49985771 48666120 0 0 49985771 48666120 MANAGE AND ADMINISTER THE ENDOWMENT FUNDS AND OTHER INVESTMENT ASSETS OF GREAT CIRCLE AND TO SUPPORT GREAT CIRCLE THROUGH PERIODIC DISTRIBUTIONS TO THE OPERATIONS. false false 7086000 7086000 0 SUPPORT OF GREAT CIRCLE AND KVC MISSOURI. 7086000 true false false false false false false false true false false false false false false false false false false false false false false false false false true false true false false false false false false false false false false false false false true true true false false true 0 0 0 false false false false false false false false false false false false X 11 9 false false true false false true true true true false false true true true true true true false false false MO X Sherri Lohe 9133224900 21350 W 153rd Street Olathe KS 66061 ALAN RICHTER PRESIDENT & SECRETARY/DIRECTOR 1.0 0.0 X X 0 0 0 JOHN BARNES BOARD CHAIR 1.0 0.0 X X 0 0 0 TOM AYLWARD TREASURER/DIRECTOR 1.0 0.0 X X 0 0 0 B WAYNE SIMS DIRECTOR 1.0 0.0 X 0 0 0 CLARK DAVIS DIRECTOR 1.0 1.0 X 0 0 0 DEE JOYNER DIRECTOR 1.0 0.0 X 0 0 0 JASON HOOPER DIRECTOR 1.0 40.0 X 0 379819 55147 MICHAEL HURST DIRECTOR 1.0 1.0 X 0 0 0 RICHARD WARD DIRECTOR 1.0 1.0 X 0 0 0 SHERRI LOHE DIRECTOR 1.0 40.0 X 0 246059 41705 TED ARMSTRONG DIRECTOR 1.0 1.0 X 0 0 0 0 625878 96852 0 false true false 0 2366 2366 0 0 0 0 0 1642508 1642508 0 0 2643104 2643104 0 2643104 2643104 0 0 0 0 0 4287978 0 0 4285612 7086000 7086000 71017 71017 0 0 0 0 0 0 0 0 7157017 7086000 0 71017 1200 1000 0 0 0 0 0 0 0 0 49872803 48549230 0 0 111768 115890 49985771 48666120 0 0 0 0 0 0 X 49985771 48666120 49985771 48666120 49985771 48666120 -2869039 1549388 0 X false false false X X 2 GREAT CIRCLE 430681471 7 true 1866000 0 KVC BEHAVIORAL HEALTHCARE MISSOURI INC 440565392 2 true 5220000 0 2 7086000 0 true false false false true false false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 5a Added, Substituted, or Removed Sup. Org. KVC ENDOWMENT AMENDED THIER BYLAWS ON MARCH 3, 2023 TO ADD KVC BEHAVIORAL HEALTHCARE MISSOURI, INC. (EIN 44-0565392) AS A SUPPORTED ORGANIZATION. KVC BEHAVIORAL HEALTHCARE MISSOURI, INC. HAS THE SAME PURPOSE AND CLASS AS GREAT CIRCLE. 49985771 2366 5835000 7086000 71016 48666121 55460013 476856 -5880765 70333 49985771 53088595 37615 6408456 4000000 74653 55460013 49108681 256998 5516323 1724307 69100 53088595 42800223 92651 7178412 896880 65725 49108681 1.0 0.0 0.0 false false Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part IV, Line 1b Agent, trustee, custodian, or other intermediary arrangement $1,625,000 WAS ORIGINIALLY CONTRIBUTED TO A RELATED ORGANIZATION, GREAT CIRCLE, BUT WITH THE UNDERSTANDING THAT THE DONATION WOULD BE PERMANENTLY RESTRICTED AND MANAGED ALONG WITH OTHER ASSETS OF GREAT CIRCLE ENDOWMENT, INC. THE ASSET IS CURRENTLY LISTED ON THE BOOKS OF GREAT CIRCLE, BUT MANAGEMENT OF THIS ASSET IS CONDUCTED BY GREAT CIRCLE ENDOWMENT, INC. Schedule D, Part V, Line 4 Intended uses of endowment funds THE INTENDED USE OF THE FUNDS HELD IN THE ENDOWMENT IS TO HELP SUPPORT GREAT CIRCLE AND KVC MISSOURI THROUGH PERIODIC DISTRIBUTIONS TO SUPPORT THEIR OPERATIONS. true KVC BEHAVIORAL HEALTHCARE MISSOURI INC 1911 EAST 23RD STREET KANSAS CITY MO 64127 440565392 501(C)(3) 5220000 0 FMV N/A GENERAL SUPPORT GREAT CIRCLE 21350 W 153RD STREET OLATHE KS 66061 430681471 501(C)(3) 1866000 0 FMV N/A GENERAL SUPPORT 2 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds KVC Endowment only supports its supported organizations which are Great Circle and KVC Behavioral Healthcare Missouri, Inc. Great Circle and KVC Behavioral Healthcare Missouri, Inc. have the right to elect the board of directors (BOD) of KVC Endowment and a majority of the BOD and officers of KVC Endowment are also BOD or officers of the supported organizations, so they have a very close working relationship. In addition, KVC Endowment is provided WITH REPORTs OF THE FUNDS AND THAT HAVE BEEN EXPENDED ALONG WITH PROGRESS ON THE PROJECT from Great Circle and KVC Behavioral Healthcare Missouri, Inc. false false false false false false false false false JASON HOOPER DIRECTOR 0 379819 0 0 0 0 0 27813 0 27334 0 434966 0 0 SHERRI LOHE DIRECTOR 0 218511 0 27548 0 0 0 11318 0 30387 0 287764 0 0 Schedule J, Part II & FORM 990, PART VII, SECTION A THE COMPENSATION REPORTED FOR JASON HOOPER AND SHERRI LOHE WAS PAID BY KVC HEALTH SYSTEMS, INC. A RELATED TAX-EXEMPT ORGANIZATION. Form 990, Part VI, Line 4 Significant changes to organizational documents NUMEROUS SIGNIFICANT CHANGES WERE MADE TO THE ORGANIZATION'S GOVERNING DOCUMENTS DURING THE YEAR. THE ORGANIZATION CHANGED ITS NAME FROM GREAT CIRCLE ENDOWMENT TO KVC ENDOWMENT. IN ADDITION, THE BYLAWS WERE AMENDED ON MARCH 3, 2023. THE FOLLOWING CHANGES TOOK PLACE: -KVC MISSOURI WAS ADDED AS A SUPPORTED ORGANIZATION OF KVC ENDOWMENT -THE PURPOSES OF KVC ENDOWMENT SHALL NOW BE (A) TO STREAMLINE THE MANAGEMENT OF THE ENDOWMENT FUND AND OTHER ASSETS WHICH ARE DEDICATED TO THE LONG-TERM SUPPORT AND OPERATION OF THE SUPPORTED ORGANIZATIONS TO MAXIMIZE THE INCOME AVAILABLE TO SUPPORT THE SUPPORTED ORGANIZATIONS BOTH CURRENTLY AND IN THE FUTURE (B) TO MORE CLEARLY REFLECT THE FINANCIAL RESOURCES OF THE ENDOWMENT FUND HELD FOR THE LONG TERM SUPPORT OF THE SUPPORTING ORGANIZATIONS BY SEPARATING SUCH ENDOWMENT FUND FROM THE ASSETS OF THE SUPPORTED ORGANIZATIONS WHICH ARE REQUIRED FOR DAY-TO-DAY OPERATIONS (C) TO PROVIDE A SECURE AND SEPARATE SOURCE OF FUNDS FOR THE PAYMENT OF OBLIGATIONS OF THE SUPPORTED ORGANIZATIONS; AND (D) ANY AND ALL OTHER PURPOSES WHICH THE BOARD OF DIRECTORS DETERMINES TO BE IN FURTHERANCE OF THE PURPOSE OF THE CORPORATION AS SET FORTH IN THE ARTICLES OF INCORPORATION -THE REQUIREMENT FOR THE BOARD TO CONSIST OF SEVEN DIRECTORS WAS REMOVED -THERE IS NOW ONLY ONE VICE PRESIDENT Form 990, Part VI, Line 7a Members or stockholders electing members of governing body KVC MISSOURI ELECTS THE MAJORITY OF THE BOARD OF KVC ENDOWMENT, INC. AND THE REMAINDER OF THE BOARD IS ELECTED BY GREAT CIRCLE. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE ARTICLES OF INCORPORATION ALSO GIVE A STANDING COMMITTEE OF THE KVC HSI BOARD THE RIGHT TO APPROVE ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION. Form 990, Part VI, Line 11b Review of form 990 by governing body AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL. ANY QUESTIONS OR CONCERNS THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990. Form 990, Part VI, Line 12c Conflict of interest policy EACH YEAR BOARD MEMBERS FILL OUT A PACKET THAT DETAILS ANY CONFLICTS OF INTEREST. IF ANY CONFLICTS EXIST, THE BOARD MEMBER WITH THE CONFLICT DOES NOT PARTICIPATE IN THE DISCUSSION OR VOTE ON THE ISSUE INVOLVING THE CONFLICT. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST TO THE ACCOUNTING MANAGERS. FINANCIAL STATEMENT INFORMATION THAT WAS USED TO PREPARE THE 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG. KVC HEALTH SYSTEMS INC 21350 W 153RD STREET OLATHE KS 66061 262516589 MANAGEMENT KS 501(c)(3) Type II NA false KVC FOUNDATION INC 21350 W 153RD STREET OLATHE KS 66061 262516476 FUNDRAISING KS 501(c)(3) Type I KVC HSI true KVC BEHAVIORAL HEALTHCARE KENTUCKY INC 2250 THUNDERSTICK DRIVE LEXINGTON KY 40505 270795565 IN HOME SVCS KY 501(c)(3) 10 KVC HSI true KVC BEHAVIORAL HEALTHCARE INC 21350 W 153RD STREET OLATHE KS 66061 480770308 FOSTER CARE KS 501(c)(3) 10 KVC HSI true KVC BEHAVIORAL HEALTHCARE NEBRASKA INC 11550 I ST SUITE 100 OMAHA NE 68137 270408957 FOSTER CARE NE 501(c)(3) 10 KVC HSI true KVC BEHAVIORAL HEALTHCARE WEST VIRGINIA INC 1510 KANAWHA BOULEVARD EAST CHARLESTON WV 25311 311770280 FOSTER CARE WV 501(c)(3) 10 KVC HSI true KVC HOSPITALS INC 21350 W 153RD STREET OLATHE KS 66061 271672159 PSYC HOSPITAL KS 501(c)(3) 3 KVC HSI true KVC BEHAVIORAL HEALTHCARE MISSOURI INC 1911 EAST 23RD STREET KANSAS CITY MO 64127 440565392 EDUCATION MO 501(c)(3) 2 KVC HSI true GREAT CIRCLE 21350 W 153RD STREET OLATHE KS 66061 430681471 CHILDREN SVCS MO 501(c)(3) 7 KVC HSI true false true true false false false false false false false false false false true true false false false false KVC BEHAVIORAL HEALTHCARE MISSOURI INC B 5220000 FMV GREAT CIRCLE B 1866000 FMV