Edward & Marie Abele Memorial Fund is located in Columbus, OH. The organization was established in 1977. 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.
For the year ending 07/2020, Edward & Marie Abele Memorial Fund generated $133.5k in total revenue. All expenses for the organization totaled $465.9k during the year ending 07/2020.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $5,224 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $128,244 |
Capital Gain Net Income | $128,244 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $133,468 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $4,200 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $8,077 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $13,630 |
Total operating and administrative expenses | $26,987 |
Contributions, gifts, grants paid | $438,962 |
Total expenses and disbursements | $465,949 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
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 |
Over the last fiscal year, Edward & Marie Abele Memorial Fund has awarded $438,962 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
JACOB HUGO PURPOSE: SCHOLARSHIP LOAN | $38,000 |
CATHOLIC COMMUNITY FOUNDATION OF MI PURPOSE: CLOSING DISTRIBUTION PER | $400,962 |