Maxine E Spitler Foundation
- Assets
- $636.8k
- Revenue
- $23.7k
- Investments
- $571.0k
- Employees
- 0
- Location
- Newton, IL
- Founding
- 07/1997
- Data as of
- 04/2024
- EIN
- 36-4155172
Organization Overview
Maxine E Spitler Foundation is located in Newton, IL. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Maxine E Spitler 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 04/2024, Maxine E Spitler Foundation generated $23.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $37.1k during the year ending 04/2024. While expenses have increased by 3.3% per year over the past 6 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.
Since 2018, Maxine E Spitler Foundation has awarded 164 individual grants totaling $380,884. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - ONLY GRANTS MADE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita M Kocher President | 0 | $0 | |
William R Michl Vice Preside | 0 | $0 | |
Jane E Smith Secretary | 0 | $0 | |
Amy K Potts Treasurer | 0 | $0 | |
John Chapman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,528 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,161 |
| Capital Gain Net Income | $6,161 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,689 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $277 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,841 |
| Total operating and administrative expenses | $5,118 |
| Contributions, gifts, grants paid | $31,993 |
| Total expenses and disbursements | $37,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,434 |
| Savings and temporary cash investments | $62,309 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $636,785 |
| Accounts payable and accrued expenses | $1 |
| Grants payable | $31,993 |
| 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 | $31,994 |
Grants Awarded
Over the last fiscal year, Maxine E Spitler Foundation has awarded $64,244 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
RED HILL CUSD10 PURPOSE: MUSIC DEPT. | $2,015 |
LAWRENCE CO HUMANE SOCIETY PURPOSE: SPAY & NEUTER PROGRAM | $4,803 |
JASPER COUNTY CUSD1 READ PROGRAM PURPOSE: READ PROGRAM BOOKS | $2,000 |
ST THOMAS SCHOOL PURPOSE: ASUS CHROMEBOOKS | $3,250 |
RED HILL CUSD10 PURPOSE: P.E. | $900 |
JASPER COUNTY BOYS & GIRLS PARK PURPOSE: SCOREBOARD UPGRADES | $5,055 |