Duane & Dorothy Bierlein Family Foundation
- Assets
- $397.1k
- Revenue
- $9.7k
- Investments
- $388.6k
- Employees
- 0
- Location
- Frankenmuth, MI
- Founding
- 12/2002
- Data as of
- 12/2023
- EIN
- 38-3637097
Organization Overview
Duane & Dorothy Bierlein Family Foundation is located in Frankenmuth, MI. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Duane & Dorothy Bierlein Family 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, Duane & Dorothy Bierlein Family Foundation generated $9.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $28.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Duane & Dorothy Bierlein Family Foundation has awarded 74 individual grants totaling $202,385. 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 |
|---|---|---|---|
Robert A Loesel Secretary/tr | 0 | $0 | |
Randall D Bierlein President | 0 | $0 | |
Barbara Bierlein Vice Preside | 0 | $0 | |
Kyle Bierlein Director | 0 | $0 | |
Craig Bierlein Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $55 |
| Dividends & Interest | $9,399 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $294 |
| Capital Gain Net Income | $294 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,748 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $430 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,636 |
| Total operating and administrative expenses | $6,980 |
| Contributions, gifts, grants paid | $21,665 |
| Total expenses and disbursements | $28,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,496 |
| 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 | $397,122 |
| 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, Duane & Dorothy Bierlein Family Foundation has awarded $21,665 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ST LORENZ CHURCH PURPOSE: ORGANIZATION'S DISCRETION | $11,415 |
FRANKENMUTH COMMUNITY FOUNDATION PURPOSE: ORGANIZATION'S DISCRETION | $1,250 |
CITY OF FRANKENMUTH PURPOSE: CITY BEAUTIFICATION | $1,000 |
ROCK STEADY BOXING PURPOSE: ORGANIZATIONS DISCRETION | $1,500 |
FERRIS STATE UNIVERSITY PURPOSE: ORGANIZATIONS DISCRETION | $1,500 |
KEYS OF HOPE FOUNDATION PURPOSE: ORGANIZATIONS DISCRETION | $500 |