Tobelmann Foundation
- Assets
- $0.0
- Revenue
- $15.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Holmdel, NJ
- Founding
- 11/1961
- Data as of
- 12/2022
- EIN
- 22-1711668
Organization Overview
Tobelmann Foundation is located in Holmdel, NJ. The organization was established in 1961. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tobelmann Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Tobelmann Foundation generated $15.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $103.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tobelmann Foundation has awarded 19 individual grants totaling $125,129. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO OTHER CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth T Grant President | 2 | $0 | |
Elaine T Grose Secretary/treasurer | 2 | $0 | |
Gordon Grose Asst Sec/treasurer (oct-Dec) | 2 | $0 | |
Anthony Salerno Asst Sec/treasurer (jan-Oct) | 2 | $0 | |
Brian Grant Trustee | 2 | $0 | |
Carolyn Green Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $0 |
| Dividends & Interest | $153 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,495 |
| Capital Gain Net Income | $15,495 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,698 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $125 |
| Total operating and administrative expenses | $2,916 |
| Contributions, gifts, grants paid | $100,229 |
| Total expenses and disbursements | $103,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tobelmann Foundation has awarded $100,229 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ABWE FOUNDATION PURPOSE: CHARITABLE PURPOSES | $9,800 |
BAPTIST MID- MISSIONS PURPOSE: CHARITABLE PURPOSES | $29,427 |
CRU PURPOSE: CHARITABLE PURPOSES | $29,427 |
EMMAUS MINISTRIES PURPOSE: CHARITABLE PURPOSES | $9,800 |
SEE GLOBAL PURPOSE: CHARITABLE PUPOSES | $5,100 |
TRUTH ENCOUNTERS INC PURPOSE: CHARITABLE PURPOSES | $11,800 |