Paul Motry Memorial Fund
- Assets
- $386.7k
- Revenue
- -$8.4k
- Investments
- $364.1k
- Employees
- 0
- Location
- Sandusky, OH
- Founding
- 06/1951
- Data as of
- 12/2023
- EIN
- 23-7420173
Organization Overview
Paul Motry Memorial Fund is located in Sandusky, OH. The organization was established in 1951. 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. Paul Motry Memorial Fund 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 12/2023, Paul Motry Memorial Fund generated -$8.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $23.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Paul Motry Memorial Fund has awarded 60 individual grants totaling $136,282. 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.
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 |
|---|---|---|---|
James F Kent Trustee | 0.25 | $300 | |
S Baird Pfahl Trustee | 0.25 | $400 | |
Grant W Walls Trustee | 0.25 | $300 | |
Thomas Sprunk Trustee | 0.25 | $400 | |
Robert K Baker Trustee | 0.25 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,046 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$8,422 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,700 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,348 |
| Total operating and administrative expenses | $8,724 |
| Contributions, gifts, grants paid | $14,730 |
| Total expenses and disbursements | $23,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,026 |
| Savings and temporary cash investments | $15,538 |
| 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 | $386,673 |
| 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, Paul Motry Memorial Fund has awarded $14,730 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FIRELANDS REGIONAL MEDICAL CENTER PURPOSE: SPEECH THERAPY | $598 |
NORTH POINT ESC PURPOSE: VARIOUS EQUIPMENT | $3,019 |
FOUNDATION FOR FIRELANDS PURPOSE: YOUTH PROGRAMS | $11,113 |