R & W Krause Foundation Inc
- Assets
- $0.0
- Revenue
- $56.2k
- Investments
- $83.2k
- Employees
- 0
- Location
- Rockford, MI
- Founding
- 02/1967
- Data as of
- 10/2020
- EIN
- 38-6111582
Organization Overview
R & W Krause Foundation Inc is located in Rockford, MI. The organization was established in 1967. 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. R & W Krause Foundation Inc 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 10/2020, R & W Krause Foundation Inc generated $56.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $15.9k during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, R & W Krause Foundation Inc has awarded 14 individual grants totaling $132,532. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,136 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,218 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $3,161 |
| Contributions, gifts, grants paid | $12,712 |
| Total expenses and disbursements | $15,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, R & W Krause Foundation Inc has awarded $12,712 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH KENT CONNECT PURPOSE: CONNECTING PEOPLE TO THE RESOURCES THEY NEED IN NORTHERN KENT COUNTY | $10,000 |
Grand Rapids, MI PURPOSE: PEDIATRIC GROWTH INITIATIVE | $2,712 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Joseph Sigstein Foundation Inc Huntington, IN | $0 | $2,327,854 |
Herrick Foundation Detroit, MI | $135,749,323 | $10,836,296 |
Wexner Foundation New Albany, OH | $6,442,852 | $9,976,190 |
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
The Samuel And Jean Frankel Fine Arts Foundation Bloomfield Hills, MI | $136,493,173 | $6,844,673 |
Bill & Julia Van Domelen Foundation Kalamazoo, MI | $132,053,109 | $12,849,321 |
Hcs Foundation Cleveland, OH | $105,976,263 | $7,902,405 |
Manoogian Simone Foundation Dearborn, MI | $47,087,292 | $4,923,874 |
Consumers Energy Foundation Jackson, MI | $77,869,075 | $10,169,744 |
The Ceres Trust Milwaukee, WI | $8,473,497 | $7,541,315 |
New Jci Foundation Inc Milwaukee, WI | $45,616,522 | $3,307,387 |
Marge & Charles J Schott Foundation Cincinnati, OH | $96,968,868 | $11,169,832 |