Jochum-Moll Foundation
- Assets
- $48.3m
- Revenue
- $11.6k
- Investments
- $43.8m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 12/1962
- Data as of
- 07/2023
- EIN
- 34-6538304
Organization Overview
Jochum-Moll Foundation is located in Cleveland, OH. The organization was established in 1962. 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. Jochum-Moll 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 07/2023, Jochum-Moll Foundation generated $11.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (68.4%) each year. All expenses for the organization totaled $2.7m during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Jochum-Moll Foundation has awarded 163 individual grants totaling $6,105,494. 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 |
|---|---|---|---|
Curtis E Moll Treasurer / Trustee | 1 | $0 | |
David J Hessler Secretary / Trustee | 1 | $0 | |
Christopher D Moll Trustee | 1 | $0 | |
Theodore S Moll Vice President / Trustee | 1 | $0 | |
Carol M Manning President / Trustee | 1 | $0 | |
Curtis David Moll Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $951,272 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,189,630 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,642 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,985 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,400 |
| Total operating and administrative expenses | $442,871 |
| Contributions, gifts, grants paid | $2,283,761 |
| Total expenses and disbursements | $2,726,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,229,117 |
| Savings and temporary cash investments | $0 |
| 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 | $17,777,704 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $185,279 |
| Total assets | $48,262,011 |
| Accounts payable and accrued expenses | $4,312 |
| 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 | $4,312 |
Grants Awarded
Over the last fiscal year, Jochum-Moll Foundation has awarded $2,283,761 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTURE FOR ALL PURPOSE: GENERAL, UNRESTRICTED | $5,000 |
ART THERAPY STUDIO PURPOSE: GENERAL, UNRESTRICTED | $5,000 |
ADAPTIVE SPORTS PARTNERS OF THE NORTH COUNTRY PURPOSE: GENERAL, UNRESTRICTED | $5,000 |
BAYSIDE COMMUNITY CHURCH PURPOSE: GENERAL, UNRESTRICTED | $57,400 |
BOULDER COMMUNITY HEALTH FOUNDATION PURPOSE: GENERAL, UNRESTRICTED | $30,000 |
BRADENTON CHRISTIAN SCHOOL PURPOSE: GENERAL, UNRESTRICTED | $120,450 |