F Struben Foundation Inc is located in Jarrettsville, MD. The organization was established in 1962. 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. F Struben 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, F Struben Foundation Inc generated $15.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $40.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, F Struben Foundation Inc has awarded 52 individual grants totaling $116,800. 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
SUPPORT OF VARIOUS COMMUNITY, RELIGIOUS, EDUCATIONAL & CHARITABLE ACTIVITIES, INCLUDES VARIOUS ORGANIZATIONS SCOUTING SUPPORT IS ALSO INCLUDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jean C Struben President | 0 | $0 | |
Carol S Knickman Treasurer | 2 | $0 | |
Linda S Trott Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $15,066 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $15,066 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,232 |
Total operating and administrative expenses | $2,132 |
Contributions, gifts, grants paid | $38,500 |
Total expenses and disbursements | $40,632 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $253,307 |
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 | $50,931 |
Other assets | $0 |
Total assets | $608,517 |
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, F Struben Foundation Inc has awarded $38,500 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
JARRETTSVILLE LIONS CLUB PURPOSE: NONE | $1,000 |
HARFORD LAND TRUST PURPOSE: NONE | $2,000 |
GILCHRIST PHILANTROPY DEPARTMENT PURPOSE: NONE | $5,000 |
NEW LIFE FOR GIRLS PURPOSE: NONE | $1,500 |
BAPTIST COLLEGIATE MINST VT PURPOSE: NONE | $2,500 |
NORRISVILLE METHODIST CHURCH PURPOSE: NONE | $500 |