Mitchiner-Gittinger Family Foundation
- Assets
- $620.6k
- Revenue
- $48.0k
- Investments
- $587.4k
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 09/1993
- Data as of
- 12/2023
- EIN
- 58-2063655
Organization Overview
Mitchiner-Gittinger Family Foundation is located in New Orleans, LA. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mitchiner-Gittinger Family 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 12/2023, Mitchiner-Gittinger Family Foundation generated $48.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $61.4k during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mitchiner-Gittinger Family Foundation has awarded 34 individual grants totaling $340,449. 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 |
|---|---|---|---|
Kate Besselman Director | 0 | $0 | |
Katherine V Mattesky Director | 0 | $3,600 | |
Mary Clauss Director | 0 | $3,600 | |
Annie Clauss Director | 0 | $0 | |
Audrey Voelker President | 0 | $0 | |
Emma Mattesky Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $556 |
| Dividends & Interest | $19,807 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,009 |
| Capital Gain Net Income | $27,009 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $637 |
| Total Revenue | $48,009 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,200 |
| 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 | $0 |
| Total operating and administrative expenses | $18,606 |
| Contributions, gifts, grants paid | $42,829 |
| Total expenses and disbursements | $61,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,712 |
| Savings and temporary cash investments | $18,444 |
| 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 | $587,424 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $620,580 |
| 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, Mitchiner-Gittinger Family Foundation has awarded $42,829 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BRIARFIELD ACADEMY PURPOSE: GENERAL DONATION | $20,536 |
TENSAS ACADEMY PURPOSE: GENERAL DONATION | $20,000 |
THENSTED CENTER PURPOSE: GENERAL DONATION | $293 |
UNIVERSITY OF LOUISIANA FOUNDATION PURPOSE: GENERAL DONATION | $1,000 |
LOUISIANA STATE UNIVERSITY FOUNDATI PURPOSE: GENERAL DONATION | $1,000 |