Galoney-Strubbe Charitable Foundation
- Assets
- $220.1k
- Revenue
- $9.0k
- Investments
- $149.8k
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 12/2008
- Data as of
- 12/2023
- EIN
- 26-3293200
Organization Overview
Galoney-Strubbe Charitable Foundation is located in Cincinnati, OH. The organization was established in 2008. 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. Galoney-Strubbe Charitable 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 12/2023, Galoney-Strubbe Charitable Foundation generated $9.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $6.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Galoney-Strubbe Charitable Foundation has awarded 487 individual grants totaling $227,068. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,296 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $703 |
| Capital Gain Net Income | $703 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $115 |
| Total operating and administrative expenses | $2,658 |
| Contributions, gifts, grants paid | $3,620 |
| Total expenses and disbursements | $6,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,020 |
| Savings and temporary cash investments | $61,224 |
| 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 | $138,809 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $220,075 |
| 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, Galoney-Strubbe Charitable Foundation has awarded $3,620 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: EXEMPT PURPOSE | $100 |
CUREBOUND PURPOSE: EXEMPT PURPOSE | $500 |
BEST FRIENDS ANIMAL SANCTUARY PURPOSE: EXEMPT PURPOSE | $100 |
CATHOLIC MEDICAL MISSION BOARD PURPOSE: EXEMPT PURPOSE | $50 |
EDGEWATER HISTORICAL SOCIETY PURPOSE: EXEMPT PURPOSE | $25 |
CHRISTIAN APPALACHIAN PROJECT PURPOSE: EXEMPT PURPOSE | $200 |