George B Quatman Foundation
- Assets
- $5.5m
- Revenue
- $379.6k
- Investments
- $5.2m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 10/1994
- Data as of
- 12/2023
- EIN
- 31-6068296
Organization Overview
George B Quatman Foundation is located in Cincinnati, OH. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George B Quatman 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, George B Quatman Foundation generated $379.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.4%) each year. All expenses for the organization totaled $343.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, George B Quatman Foundation has awarded 63 individual grants totaling $1,266,923. 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 | $140,213 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $239,436 |
| Capital Gain Net Income | $239,436 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $379,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,705 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,824 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $33,139 |
| Contributions, gifts, grants paid | $310,000 |
| Total expenses and disbursements | $343,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $256,944 |
| 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 | $5,201,818 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,458,763 |
| 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, George B Quatman Foundation has awarded $310,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
THE LEUKEMIA & LYMPHOMA SOCIETY INC PURPOSE: PROGRAM/PROJECT SUPPORT | $5,000 |
FLORIDA MARCHING BAND TOURNAMENT INC PURPOSE: PROJECT/PROGRAM SUPPORT | $31,000 |
SOARING AS EAGLES INC PURPOSE: ANNUAL FUND | $12,000 |
CHARITABLE FRATERNAL ORDER OF POLICE PURPOSE: PROGRAM/PROJECT SUPPORT | $30,000 |
YOUNG MENS CHRISTIAN ASSOCIATION OF PURPOSE: PROGJECT/PROGRAM SUPPORT | $2,000 |
THE OHIO STATE UNIVERSITY FOUNDATION PURPOSE: PROJECT/PROGRAM SUPPORT | $10,000 |