William R Orthwein Jr And Laura Rand Orthwein Foundation Inc is located in St Louis, MO. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. William R Orthwein Jr And Laura Rand Orthwein 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 12/2023, William R Orthwein Jr And Laura Rand Orthwein Foundation Inc generated $5.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $6.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, William R Orthwein Jr And Laura Rand Orthwein Foundation Inc has awarded 323 individual grants totaling $31,285,003. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE CHARITABLE ACTIVITY OF THIS ORGANIZATION IS THE MAKING OF GRANTS AND CONTRIBUTIONS TO QUALIFIED CHARITABLE ORGANIZATIONS. NO DIRECT CHARITABLE ACTIVITIES ARE CONDUCTED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nettie O Dodge Director And President | 2 | $10,000 | |
Stephen C Jones Director And Secretary | 2 | $0 | |
Elisabeth Bacon Director And Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,813,142 |
Interest on Savings | $0 |
Dividends & Interest | $2,044,247 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $715,784 |
Capital Gain Net Income | $715,784 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | -$30,579 |
Total Revenue | $5,542,594 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $10,000 |
Other employee salaries and wages | $17,474 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $42,039 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $980,215 |
Total operating and administrative expenses | $1,077,279 |
Contributions, gifts, grants paid | $5,281,041 |
Total expenses and disbursements | $6,358,320 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $7,513,048 |
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 | $71,081,750 |
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, William R Orthwein Jr And Laura Rand Orthwein Foundation Inc has awarded $5,281,041 in support to 51 organizations.
Grant Recipient | Amount |
---|---|
BARNES-JEWISH HOSPITAL FOUNDATION PURPOSE: GENERAL OPERATING | $95,042 |
BIG BROTHERS BIG SISTERS PURPOSE: GENERAL OPERATING | $25,000 |
BOYS AND GIRLS CLUB PURPOSE: GENERAL OPERATING | $50,000 |
BOY SCOUTS OF AMERICA PURPOSE: GENERAL OPERATING | $142,562 |
CARDINAL GLENNON PURPOSE: GENERAL OPERATING | $250,000 |
CHURCHILL CENTER & SCHOOL PURPOSE: GENERAL OPERATING | $125,000 |