Grune Family Foundation Inc
- Assets
- $2.1m
- Revenue
- $265.0k
- Investments
- $2.1m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 59-3401965
Organization Overview
Grune Family Foundation Inc is located in Pittsburgh, PA. The organization was established in 1997. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grune 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, Grune Family Foundation Inc generated $265.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $114.8k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 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 2015, Grune Family Foundation Inc has awarded 230 individual grants totaling $698,400. 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 |
|---|---|---|---|
Betty Lu Grune Director | 0 | $0 | |
Steven B Grune Director | 0 | $0 | |
Robert B Grune Director | 0 | $0 | |
George V Grune Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,801 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,173 |
| Capital Gain Net Income | $108,173 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $264,974 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $569 |
| Total operating and administrative expenses | $10,819 |
| Contributions, gifts, grants paid | $104,000 |
| Total expenses and disbursements | $114,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,118 |
| 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 | $2,132,263 |
| 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, Grune Family Foundation Inc has awarded $104,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE PRATT SCHOOL OF ENGINEERING PURPOSE: GENERAL FUND | $15,000 |
BOYS & GIRLS CLUB OF NE FLORIDA PURPOSE: GENERAL FUND | $11,000 |
TUCK SCHOOL OF BUSINESS AT DARTMOUTH PURPOSE: GENERAL FUND | $10,000 |
Granville, OH PURPOSE: GENERAL FUND | $5,000 |
Jacksonville, FL PURPOSE: GENERAL FUND | $5,000 |
JACKSONVILLE ZOO & GARDENS PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Guardian Services New York, NY | $37,509,798 | $86,868,371 |
Cardinal Mccloskey School & Home For Children Inc Valhalla, NY | $29,936,400 | $67,045,023 |
Catholic Charities Of Diocese Of Albany Albany, NY | $36,309,218 | $44,877,595 |
Christian Herald Assn Inc New York, NY | $39,203,041 | $30,264,134 |
Alternatives For Children East Setauket, NY | $11,797,898 | $22,064,885 |
Catholic Social Servies Of The Miami Valley Dayton, OH | $13,505,933 | $26,545,650 |
Lutheran Center At Poughkeepsie Inc Scarsdale, NY | $12,784,565 | $22,238,039 |
Redeemer City To City New York, NY | $39,118,134 | $27,107,452 |
Catholic Cemeteries Of The Roman Westbury, NY | $88,272,871 | $14,740,911 |
Public Relations Society Of America Inc New York, NY | $7,935,177 | $9,278,462 |
Tompkins Cortland Community College Foundation Dryden, NY | $60,556,305 | $8,680,534 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |