Conrad & Caroline Jobst Foundation
- Assets
- $13.3m
- Revenue
- $2.4m
- Investments
- $12.8m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 06/1987
- Data as of
- 12/2021
- 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 12/2021, Conrad & Caroline Jobst Foundation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.3% each year . All expenses for the organization totaled $966.8k during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keybank N A Co-Trustee | 1 | $63,323 | |
Adam Barcroft Co-Trustee | 1 | $17,270 | |
Souder Granger Co-Trustee | 1 | $17,270 | |
Troy H Parham III Co-Trustee | 1 | $17,269 | |
John Curphey ESQ Co-Trustee | 1 | $0 | |
Douglas Metz ESQ Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,260,067 |
| Interest on Savings | $0 |
| Dividends & Interest | $319,227 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $812,218 |
| Capital Gain Net Income | $812,218 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,119 |
| Total Revenue | $2,392,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $115,132 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,484 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $136,816 |
| Contributions, gifts, grants paid | $830,000 |
| Total expenses and disbursements | $966,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $406,238 |
| 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 | $12,833,394 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $29,401 |
| Total assets | $13,269,033 |
| 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 $830,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PROMEDICA-JOBST VASCULAR CENTER PURPOSE: GENERAL OPERATING | $350,000 |
UNIVERSITY OF MICHIGAN PURPOSE: GENERAL OPERATING | $250,000 |
TOLEDO SYMPHONY PURPOSE: GENERAL OPERATING | $90,000 |
TRINITY EPISCOPAL CHURCH PURPOSE: GENERAL OPERATING | $90,000 |
ADOPT AMERICA PURPOSE: GENERAL OPERATING | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gaudenzia Foundation Norristown, PA | $66,144,105 | $6,232,178 |
Northern Panhandle Workforce Development Board Inc Wheeling, WV | $343,750 | $3,119,612 |
Conrad & Caroline Jobst Foundation Brooklyn, OH | $13,269,033 | $2,392,631 |
Operation Honor Dry Ridge, KY | $473,675 | $388,737 |
Michigan Jobs And Labor Foundation Lansing, MI | $596 | $0 |
Supportu Inc Indianapolis, IN | $71,147 | $0 |
Gaming 2 Give Indianapolis, IN | $0 | $0 |