Frank And Louise Groff Foundation
- Assets
- $0.0
- Revenue
- $33.7k
- Investments
- $385.0k
- Employees
- 0
- Location
- Long Branch, NJ
- Founding
- 05/1971
- Data as of
- 06/2022
- EIN
- 23-7082026
Organization Overview
Frank And Louise Groff Foundation is located in Long Branch, NJ. The organization was established in 1971. 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. Frank And Louise Groff 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 06/2022, Frank And Louise Groff Foundation generated $33.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $30.4k during the year ending 06/2022. While expenses have increased by 16.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AWARDED PER REQUIREMENTS LISTED IN PART XIV, QUESTION 2(D)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Jaeger President | 0.5 | $0 | |
Jayne Edman Secretary | 0.5 | $0 | |
Pastor Jason Tucker Treasurer | 0.5 | $0 | |
Pranoy Mohapatra Mha Director Of Education Activities | 0.5 | $0 | |
Louis Moore Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $5,774 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,800 |
| Total Revenue | $33,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $4,329 |
| Contributions, gifts, grants paid | $26,100 |
| Total expenses and disbursements | $30,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $774 |
| Investments—mortgage loans | $0 |
| Investments—other | $40,695 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Frank And Louise Groff Foundation has awarded $26,100 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AMANDA BRILL PURPOSE: MEDICAL SCHOOL EXPENSES | $800 |
AMY ZHENG PURPOSE: MEDICAL SCHOOL EXPENSES | $800 |
ALYSSA REYES PURPOSE: NURSING SCHOOL EXPENSES | $800 |
BRIAN SHORR PURPOSE: MEDICAL SCHOOL EXPENSES | $1,000 |
DINA COLLINS PURPOSE: MEDICAL SCHOOL EXPENSES | $1,000 |
ASHLEY CONWAY PURPOSE: MEDICAL SCHOOL EXPENSES | $1,000 |