Teichert Foundation
- Assets
- $16.9m
- Revenue
- $1.4m
- Investments
- $15.1m
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 06/1991
- Data as of
- 03/2023
- EIN
- 68-0212355
Organization Overview
Teichert Foundation is located in Sacramento, CA. The organization was established in 1991. 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. Teichert 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 03/2023, Teichert Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $909.3k during the year ending 03/2023. While expenses have increased by 0.8% 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 2016, Teichert Foundation has awarded 764 individual grants totaling $2,957,710. 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 |
|---|---|---|---|
Frederick A Teichert Executive Direc | 32 | $147,144 | |
Paula D James Secretary | 2 | $0 | |
Norman E Eilert Treasurer | 4 | $0 | |
Len Mccandliss Director | 1 | $0 | |
Judson T Riggs Director | 1 | $0 | |
Ronald L Gatto Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,015,272 |
| Interest on Savings | $105 |
| Dividends & Interest | $317,835 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$162,637 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$721,075 |
| Total Revenue | $1,449,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $147,144 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,731 |
| Depreciation | $0 |
| Occupancy | $4,980 |
| Travel, conferences, and meetings | $27,784 |
| Printing and publications | $0 |
| Other expenses | $177,320 |
| Total operating and administrative expenses | $374,949 |
| Contributions, gifts, grants paid | $534,386 |
| Total expenses and disbursements | $909,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$224,694 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $2,000,000 |
| 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 | $14,869 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,122,535 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,912,710 |
| Accounts payable and accrued expenses | $146,960 |
| Grants payable | $75,000 |
| 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 | $221,960 |
Grants Awarded
Over the last fiscal year, Teichert Foundation has awarded $534,386 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: SUPPORT PUBLIC CHARITY PROGRAMS | $100 |
ALTAMOUNT CREEK ELEMENTARY PTA PURPOSE: SUPPORT PUBLIC CHARITY PROGRAMS | $206 |
BOYS GIRLS CLUB OF GREATER SACRAMEN PURPOSE: SUPPORT PUBLIC CHARITY PROGRAMS | $5,200 |
CENTRAL VALLEY HOLOCAUST EDUCATORS PURPOSE: SUPPORT PUBLIC CHARITY PROGRAMS | $5,000 |
BOYS GIRLS CLUBS OF STANISLAUS COUN PURPOSE: SUPPORT PUBLIC CHARITY PROGRAMS | $5,000 |
BOYS GIRLS CLUB OF LODI PURPOSE: SUPPORT PUBLIC CHARITY PROGRAMS | $5,000 |