Gloria & Arthur Konig Foundation
- Assets
- $1.2m
- Revenue
- $80.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Saint Leonard, MD
- Founding
- 05/2011
- Data as of
- 12/2022
- EIN
- 27-3074256
Organization Overview
Gloria & Arthur Konig Foundation is located in Saint Leonard, MD. The organization was established in 2011. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Gloria & Arthur Konig 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, Gloria & Arthur Konig Foundation generated $80.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $86.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gloria & Arthur Konig Foundation has awarded 29 individual grants totaling $597,240. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn M Konig-Hildreth Director | 3 | $0 | |
Nicole Miller Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,055 |
| Dividends & Interest | $33,530 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,634 |
| Capital Gain Net Income | $41,634 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $80,219 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $657 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,981 |
| Total operating and administrative expenses | $19,386 |
| Contributions, gifts, grants paid | $66,600 |
| Total expenses and disbursements | $85,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $129,377 |
| 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 | $527 |
| Total assets | $1,201,062 |
| 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, Gloria & Arthur Konig Foundation has awarded $66,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
WILLIAM R DAVIE MIDDLE SCHOOL PURPOSE: FOUNDATION GIFT | $25,324 |
WHITE HOUSE OF MUSIC PURPOSE: FOUNDATION GIFT | $21,804 |
GEO R BREBER MUSIC CO PURPOSE: FOUNDATION GIFT | $7,086 |
QUINCY PUBLIC SCHOOLS PURPOSE: FOUNDATION GIFT | $6,675 |
CROWN OF LIFE CHRISTIAN ACADEMY PURPOSE: FOUNDATION GIFT | $5,711 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Forum For Youth Investment Washington, DC | $9,053,543 | $7,540,773 |
Hope For The Warriors Springfield, VA | $4,615,443 | $8,207,781 |
Mba Open Doors Foundation Washington, DC | $6,951,188 | $5,196,301 |
Spookstock Foundation Leesburg, VA | $1,341,695 | $5,091,159 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |
The Essential Foundation Fka Aqua Charitable Trust Bryn Mawr, PA | $32,073,281 | $19,000,000 |
The Methuselah Foundation Springfield, VA | $18,792,317 | $14,799,805 |
The Meg And Bennett Goodman Family Foundation Jenkintown, PA | $50,458,470 | $11,004,981 |
Farm Journal Agricultural Foundation Washington, DC | $815,504 | $1,711,147 |
Yellow Ribbon Fund Inc Bethesda, MD | $1,996,496 | $3,055,184 |
Voorhis Foundation Wilmington, DE | $18,620,361 | $1,505,500 |
Izmirlian International Foundation Washington, DC | $264 | $2,005,003 |