Walter And Edith Loebenberg Family Foundation Inc
- Assets
- $566.7k
- Revenue
- $64.5k
- Investments
- $432.7k
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 59-3221301
Organization Overview
Walter And Edith Loebenberg Family Foundation Inc is located in St Petersburg, FL. The organization was established in 1994. 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. Walter And Edith Loebenberg Family 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 12/2021, Walter And Edith Loebenberg Family Foundation Inc generated $64.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $110.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Walter And Edith Loebenberg Family Foundation Inc has awarded 77 individual grants totaling $381,449. 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 |
|---|---|---|---|
Sandra Mermelstein President | 20 | $42,810 | |
Michael Loebenberg Director | 0 | $0 | |
Paul Martin Director/sec | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,471 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,401 |
| Capital Gain Net Income | $51,401 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,659 |
| Total Revenue | $64,531 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,810 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,346 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $61,890 |
| Contributions, gifts, grants paid | $48,400 |
| Total expenses and disbursements | $110,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,025 |
| 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 | $566,718 |
| 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, Walter And Edith Loebenberg Family Foundation Inc has awarded $48,400 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH NATIONAL FUND PURPOSE: EDUCATIONAL | $10,000 |
THE JEWISH FEDERATION OF FLORIDA GULF COAST PURPOSE: EDUCATIONAL | $10,000 |
CHAPEL HILL MEMORIAL PARK PURPOSE: EDUCATIONAL | $10,000 |
CONGREGATION BETH SHALOM PURPOSE: EDUCATIONAL | $6,722 |
YMCA OF GREATER ST PETERSBURG PURPOSE: EDUCATIONAL | $6,000 |
FLORIDA HOLOCAUST MUSEUM PURPOSE: EDUCATIONAL | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |