Ronald B And Joan B Krage Foundation
- Assets
- $274.3k
- Revenue
- $10.2k
- Investments
- $264.7k
- Employees
- 0
- Location
- Sioux City, IA
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 42-1497947
Organization Overview
Ronald B And Joan B Krage Foundation is located in Sioux City, IA. The organization was established in 2001. 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. Ronald B And Joan B Krage 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 12/2022, Ronald B And Joan B Krage Foundation generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $20.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ronald B And Joan B Krage Foundation has awarded 228 individual grants totaling $130,698. 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 |
|---|---|---|---|
Joan B Krage President | 1 | $0 | |
Ronald Gary Krage Asst VP | 1 | $0 | |
Courtney Ann Krage Asst Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,358 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,826 |
| Capital Gain Net Income | $2,826 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $302 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,670 |
| Total operating and administrative expenses | $2,802 |
| Contributions, gifts, grants paid | $17,421 |
| Total expenses and disbursements | $20,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,654 |
| 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 | $274,327 |
| 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, Ronald B And Joan B Krage Foundation has awarded $17,421 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: CHARITABLE | $1,000 |
AMERICAN RED CROSS SIOUXLAND AREA CHAPTER PURPOSE: CHARITABLE | $500 |
BOYS AND GIRLS HOME OF SIOUX CITY IA PURPOSE: CHARITABLE | $1,000 |
CAMP HIGH HOPES PURPOSE: CHARITABLE | $500 |
CHILDRENS MUSEUM PURPOSE: CHARITABLE | $500 |
FOOD BANK OF SIOUXLAND PURPOSE: CHARITABLE | $1,000 |