Horst-Reiter Foundation
- Assets
- $1.7m
- Revenue
- $107.1k
- Investments
- $1.7m
- Employees
- 0
- Location
- Ellsworth, KS
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 68-0522956
Organization Overview
Horst-Reiter Foundation is located in Ellsworth, KS. The organization was established in 2003. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horst-Reiter 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 12/2021, Horst-Reiter Foundation generated $107.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $205.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Horst-Reiter Foundation has awarded 18 individual grants totaling $577,673. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO ORGANIZATIONS FOR THE BETTERMENT OF THE ELLSWORTH, KANSAS COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Citizens State Bank And Trust Co Trustee | 1 | $26,329 | |
Gregory R Hoffman Trustee | 2 | $13,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $740 |
| Dividends & Interest | $68,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,849 |
| Capital Gain Net Income | $37,849 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,050 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,829 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $671 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58 |
| Total operating and administrative expenses | $43,233 |
| Contributions, gifts, grants paid | $161,750 |
| Total expenses and disbursements | $204,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,715,777 |
| 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, Horst-Reiter Foundation has awarded $161,750 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF ELLSWORTH PURPOSE: RECREATIONAL DEPARTMENT FLOORING | $38,000 |
Ellsworth, KS PURPOSE: WHATEVER CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES THE ENTITY SEES FIT | $30,000 |
JH ROBBINS LIBRARY PURPOSE: WHATEVER CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES THE ENTITY SEES FIT | $30,000 |
CITY OF ELLSWORTH PURPOSE: WHATEVER CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES THE ENTITY SEES FIT | $30,000 |
THE FIRST PRESBYTERIAN CHURCH OF ELLSWORTH KANSAS PURPOSE: WHATEVER CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES THE ENTITY SEES FIT | $30,000 |
CITY OF ELLSWORTH PURPOSE: RECREATIONAL DEPARTMENT CHILDREN'S SWIMMING LESSONS | $3,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Net Foundation For Television Lincoln, NE | $25,243,567 | $5,881,957 |
Allied Arts Of Oklahoma Inc Oklahoma City, OK | $9,236,321 | $5,698,295 |
Civic Center Foundation Oklahoma City, OK | $10,342,313 | $5,787,753 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Kim Foundation Omaha, NE | $13,392,339 | $1,364,269 |
Redbud Foundation Topeka, KS | $13,980,299 | $14,104,221 |
Community Capital Fund Kansas City, MO | $1,497,991 | $1,400,960 |
Heritage Services Omaha, NE | $5,191,570 | $1,133,044 |
Fox Family Foundation Denver, CO | $12,191,378 | $91,435 |
Boulder County Arts Alliance Inc Boulder, CO | $1,719,449 | $738,914 |
Sidney & Bobette Guller Family Foundation Chesterfield, MO | $4,106,715 | $2,073,886 |
Omaha Philanthropic Trust Omaha, NE | $1,425,885 | $60,183 |