Conrad & Caroline Jobst Foundation
- Assets
- $12.7m
- Revenue
- $332.2k
- Investments
- $12.4m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 06/1987
- Data as of
- 12/2022
- EIN
- 34-6872214
Organization Overview
Conrad & Caroline Jobst Foundation is located in Brooklyn, OH. The organization was established in 1987. According to its NTEE Classification (J12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conrad & Caroline Jobst 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, Conrad & Caroline Jobst Foundation generated $332.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $873.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Conrad & Caroline Jobst Foundation has awarded 15 individual grants totaling $2,440,000. 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 |
|---|---|---|---|
Keybank N A Co-Trustee | 2 | $59,719 | |
Adam Barcroft Co-Trustee | 1 | $12,463 | |
Souder Granger Co-Trustee | 1 | $12,463 | |
Troy H Parham III Co-Trustee | 1 | $8,421 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,260 |
| Interest on Savings | $0 |
| Dividends & Interest | $354,963 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$25,017 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $332,206 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $93,066 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,490 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $103,556 |
| Contributions, gifts, grants paid | $770,000 |
| Total expenses and disbursements | $873,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $263,197 |
| 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 | $12,435,081 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $29,401 |
| Total assets | $12,727,679 |
| 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, Conrad & Caroline Jobst Foundation has awarded $770,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MICHIGAN CARDIOVASCULAR PURPOSE: GENERAL OPERATING | $225,000 |
TRINITY EPISCOPAL CHURCH PURPOSE: GENERAL OPERATING | $90,000 |
TOLEDO SYMPHONY PURPOSE: GENERAL OPERATING | $80,000 |
ADOPT AMERICA PURPOSE: GENERAL OPERATING | $50,000 |
PROMEDICA-JOBST VASCULAR CENTER PURPOSE: GENERAL OPERATING | $325,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Panhandle Workforce Development Board Inc Wheeling, WV | $343,750 | $3,119,612 |
Conrad & Caroline Jobst Foundation Brooklyn, OH | $12,727,679 | $332,206 |
Operation Honor Dry Ridge, KY | $491,675 | $29,000 |
Michigan Jobs And Labor Foundation Lansing, MI | $596 | $0 |
Supportu Inc Indianapolis, IN | $75,460 | $0 |
Last Realtor Standing Inc Delaware, OH | $12,529 | $29,965 |
Mcdowell Cares Mentor, OH | $1,647 | $6,864 |
Gaming 2 Give Indianapolis, IN | $0 | $0 |