Grandview Foundation
- Assets
- $31.1m
- Revenue
- $1.2m
- Investments
- $7.1m
- Employees
- 0
- Location
- Dayton, OH
- Founding
- 09/1999
- Data as of
- 12/2022
- EIN
- 31-1649591
Organization Overview
Grandview Foundation is located in Dayton, OH. The organization was established in 1999. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grandview 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, Grandview Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Grandview Foundation has awarded 16 individual grants totaling $17,623,638. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GRANDVIEW FOUNDATION IS COMMITTED TO EDUCATION THAT SUPPORTS THE UNIQUE OSTEOPATHIC APPROACH TO HEALTH CARE; THE DELIVERY OF HIGH QUALITY MEDICAL SERVICES TO IMPROVE THE LIVES OF THE PEOPLE IN OUR COMMUNITY; AND RESEARCH TO PROMOTE THESE AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS OSTEOPATHIC GRADUATE MEDICAL EDUCATION AT KETTERING HEALTH DAYTON AND KETTERING HEALTH WASHINGTON TOWNSHIP, ENSURING THE CONTINUED PRACTICE OF THE OSTEOPATHIC APPROACH TO MEDICINE. THE FOUNDATION ALSO SUPPORTS PROGRAMS THAT PROMOTE HEALTHCARE AND WELLNESS EDUCATION TO THOSE IN THE COMMUNITY WHO ARE IN NEED. THE FOUNDATION IS A MAJOR CONTRIBUTOR TO THE CASSANO HEALTH CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Pugar Chair | OfficerTrustee | 1 | $0 |
Richard Manchur Vice Chair | OfficerTrustee | 1 | $0 |
John Sefton Treasurer | OfficerTrustee | 1 | $0 |
H Brent Bamberger Trustee | Trustee | 0.1 | $0 |
Cleanne Cass Trustee | Trustee | 0.1 | $0 |
Roy Chew Trustee | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $5,478 |
| Membership dues | $0 |
| Fundraising events | $250,199 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $967,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,223,605 |
| Total Program Service Revenue | $0 |
| Investment income | $306,675 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$285,738 |
| Net Income from Fundraising Events | -$12,983 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,232,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,429,164 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $591,737 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,944 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $179,311 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,482 |
| All other expenses | $47,807 |
| Total functional expenses | $2,372,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,121,642 |
| Savings and temporary cash investments | $53,212 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70,354 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $22,768,474 |
| Investments—other securities | $7,106,015 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,119,697 |
| Accounts payable and accrued expenses | $163,462 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $233,526 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $396,988 |
| Net assets without donor restrictions | $27,342,498 |
| Net assets with donor restrictions | $3,380,211 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $31,119,697 |
Grants Awarded
Over the last fiscal year, Grandview Foundation has awarded $1,815,657 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DAYTON OSTEOPATHIC HOSPITAL PURPOSE: Support Medical Graduate Training and Education | $1,154,344 |
KETTERING MEDICAL CENTER PURPOSE: Support Medical Graduate Training and Education | $661,313 |