KARLI SHORT BETTER TOMORROW FOUNDATION

Financial Trends

Organization Details

KARLI SHORT BETTER TOMORROW FOUNDATION, founded in 2022, is a small nonprofit in the Education sector that reported $176K in total revenue in fiscal year 2022. The organization ran a surplus of $110K, a strong 63% operating margin.

Mission

IN 2021, WE LOST OUR DAUGHTER KARLI SHORT AND HER UNBORN CHILD TO GUN VIOLENCE. THROUGH OUR LOSS, WE'VE BECOME DETERMINED THAT KARLI'S LEGACY WILL NOT BE DEFINED BY THE WRONG THAT WAS DONE TO HER, BUT BY THE KINDNESS AND COMPASSION THAT RADIATED FROM HER. IN JUNE OF 2022, WE LAUNCHED THE KARLI SHORT BETTER TOMORROW FOUNDATION ("KSBT") TO DO WHAT KARLI WOULD HAVE DONE: LIFT-UP THOSE WHO ARE STRUGGLING. COUNTLESS CHILDREN AND YOUTH ARE EXPOSED TO GUN VIOLENCE EACH YEAR, AT HOME, AT SCHOOL, AND IN THEIR COMMUNITIES. GUN VIOLENCE CAN LEAVE LASTING EMOTIONAL SCARS ON THESE CHILDREN. MORE THAN 45,000 AMERICANS DIE FROM GUN-RELATED INJURIES ANNUALLY AND GUN VIOLENCE HAS CLIMBED SHARPLY IN RECENT YEARS. KSBT BELIEVES THAT EDUCATION IS THE KEY TO OFFERING YOUNG PEOPLE HOPE AND OPPORTUNITY. COLLEGE IS EXPENSIVE AND EXTREMELY CHALLENGING IN THE BEST OF CIRCUMSTANCES AND EVEN MORE SO FOR YOUNG PEOPLE DEALING WITH THE FALLOUT FROM GUN VIOLENCE. KSBT HAS A TWO-FOLD PURPOSE. ONE, SUPPORT EDUCATION BY PROVIDING FINANCIAL AID TO COLLEGE STUDENTS WHO ARE GRAPPLING WITH THE FALLOUT FROM GUN VIOLENCE. AND TWO, ENSURE UNDERGRADUATES HAVE THE TOOLS AND EMOTIONAL SUPPORT TO LEVERAGE THEIR OWN TALENTS AND HARD WORK TO REACH THEIR POTENTIAL-TO CREATE A "BETTER TOMORROW." WE ESTABLISHED THE KARLI SHORT BETTER TOMORROW SCHOLARSHIP FUND TO SUPPORT STUDENTS AT PENN STATE GREATER ALLEGHENY, LOCATED IN MY HOMETOWN OF MCKEESPORT, PA. IN 2019, THE NATIONAL COUNCIL FOR HOME SAFETY AND SECURITY RATED MCKEESPORT AS THE 4TH MOST DANGEROUS CITY IN THE UNITED STATES - SO THERE ARE LOT OF YOUNG PEOPLE IN THAT AREA THAT COULD REALLY USE OUR HELP. THE KARLI SHORT BETTER TOMORROW SCHOLARSHIP FUND IS AN ENDOWMENT THAT ASSISTS STUDENTS WITH FINANCIAL NEEDS WHO HAVE BEEN AFFECTED BY GUN VIOLENCE. THE ENDOWMENT IS MANAGED BY PENN STATE UNIVERSITY. IN FURTHERANCE OF OUR MISSION TO PROVIDE SCHOLARSHIPS TO STUDENTS IMPACTED BY GUN VIOLENCE THE FOUNDATION ASKED MOST OF OUR DONORS TO GIVE DIRECTLY TO THE KARLI SHORT BETTER TOMORROW SCHOLARSHIP ENDOWMENT AT PENN STATE. KSBT ANNUAL FUNDRAISING GALA AND MARKETING EFFORTS DRIVE GIFTS TO BOTH THE PENN STATE ENDOWMENT AND TO THE FOUNDATION. IN ADDITION TO THE $264,240.00 FUND RAISING REFLECTED IN THE FINANCIALS, KSBT RAISED $289,402.15 THAT WAS CONTRIBUTED DIRECTLY INTO THE KARLI SHORT BETTER TOMORROW SCHOLARSHIP ENDOWMENT AT PENN STATE IN 2022. WE ARE HUMBLED BY THE GENEROSITY OF SO MANY SUPPORTERS. LAST YEAR OUR FUNDRAISING EFFORTS AND ANNUAL BETTER TOMORROW GALA WAS A TREMENDOUS SUCCESS. EVERY $100,000 KSBT CONTRIBUTES TO THE ENDOWMENT ESTABLISHES AN ANNUAL $5,000 SCHOLARSHIP IN PERPETUITY FOR STUDENTS IN NEED. IN 2022, KSBT PROVIDED SCHOLARSHIPS TO 3 WONDERFUL STUDENTS AT PENN STATE GREATER ALLEGHENY: - OUR FIRST RECIPIENT WAS A SOPHOMORE WHO IS A BUSINESS MAJOR AND ON THE BASKETBALL TEAM. HIS FATHER WAS A VICTIM OF GUN VIOLENCE AND HAS BEEN A PARAPLEGIC FOR THE LAST THIRTY YEARS. - THE SECOND RECIPIENT WAS A JUNIOR WHO IS A COMPUTER SCIENCE MAJOR. HE MOVED WITH HIS FAMILY FROM EGYPT DURING HIGH SCHOOL FOR A BRIGHTER FUTURE. UNFORTUNATELY, HE WAS A VICTIM OF GUN VIOLENCE THREE YEARS AGO. AFTER A LENGTHY RECOVERY HE IS ONCE AGAIN IN SCHOOL AND EXCELLING. - THE LAST RECIPIENT IS A YOUNG WOMAN WHO WAS A FRESHMAN. SHE WAS ALSO A VICTIM OF GUN VIOLENCE HERSELF WHEN ATTENDING A HIGH SCHOOL GRADUATION PARTY WHERE THERE WAS A SHOOTING. SHE HAS ALSO HAD A LONG ROAD OF RECOVERY WHICH IS STILL NOT FINISHED BUT SHE IS FLOURISHING AT SCHOOL. SHE HAS TAKEN ON MANY LEADERSHIP ROLES AT THE UNIVERSITY AND IS CONSIDERED A SUPERSTAR AT THE COLLEGE. IN OUR EARLY YEARS, KSBT WILL REMAIN FOCUSED ON OFFERING SCHOLARSHIPS TO COLLEGE STUDENTS AT PENN STATE GREATER ALLEGHENY THROUGH THE ENDOWMENT MANAGED BY PENN STATE. OUR LARGER VISION IS TO EXPAND INTO OTHER SCHOOLS IN THE PITTSBURGH, PA AREA AND OFFER FINANCIAL AID AND MENTAL HEALTH & EMOTIONAL SUPPORT TO STUDENTS GRAPPLING WITH THE FALLOUT FROM GUN VIOLENCE. JOIN US TO HELP CREATE A BETTER TOMORROW. FOR QUESTIONS REGARDING THE KSBT PENN STATE SCHOLARSHIP ENDOWMENT PLEASE CONTACT: PENN STATE ASSISTANT VICE PRESIDENT FOR DEVELOPMENT ADMINISTRATION 505A ELLIOTT BUILDING 120 SOUTH BURROWES STREET STATE COLLEGE, PA 16801 PHONE: 814-863-5997

Financial Overview (2022)

Year-over-Year Comparison

Governance

Special Practices & Reported Activities

Compensation of Officers, Directors & Key Employees

Historical Data