George H Riedel Foundation
- Assets
- $4.4m
- Revenue
- $160.0k
- Investments
- $4.3m
- Employees
- 0
- Location
- Hannibal, MO
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 43-1907873
Organization Overview
George H Riedel Foundation is located in Hannibal, MO. 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. George H Riedel 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, George H Riedel Foundation generated $160.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $402.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George H Riedel Foundation has awarded 180 individual grants totaling $2,497,689. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FURTHER THE EXEMPT PURPOSE OF FUNDING 501(C)(3) CHARITIES EXISTING PRIMARILY IN THE CITY OF HANNIBAL, MISSOURI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Baldwin Trustee | 1 | $0 | |
Dr Michael Bukstein Trustee | 1 | $0 | |
William Craigmiles Trustee | 1 | $0 | |
Paul Richards Trustee | 1 | $0 | |
Michael Gaines Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $147,839 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,129 |
| Capital Gain Net Income | $12,129 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $159,977 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $13,200 |
| Pension plans, employee benefits | $0 |
| Interest | $53 |
| Taxes | $9,263 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,348 |
| Total operating and administrative expenses | $66,633 |
| Contributions, gifts, grants paid | $335,360 |
| Total expenses and disbursements | $401,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $174,787 |
| 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 | $823 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,440,767 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,449,364 |
| Accounts payable and accrued expenses | $218 |
| 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 | $218 |
Grants Awarded
Over the last fiscal year, George H Riedel Foundation has awarded $335,360 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BLUFF CITY THEATER PURPOSE: PROGRAM COSTS | $8,000 |
CHART TEEN TASK FORCE PURPOSE: PROGRAM COSTS | $7,500 |
DOUGLASS COMMUNITY SERVICES PURPOSE: PROGRAM COSTS | $4,650 |
HANNIBAL ARTS COUNCIL INC PURPOSE: PROGRAM COSTS | $5,167 |
HANNIBAL NUTRITION CENTER PURPOSE: PROGRAM COSTS | $33,455 |
MISSOURI COLLEGES FUND PURPOSE: COLLEGE SCHOLARSHIPS | $5,000 |