Steinert Family Foundation
- Assets
- $5.7m
- Revenue
- $421.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 12/1989
- Data as of
- 12/2022
- EIN
- 77-0219732
Organization Overview
Steinert Family Foundation is located in Bakersfield, CA. The organization was established in 1989. 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. Steinert 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 12/2022, Steinert Family Foundation generated $421.9k in total revenue. All expenses for the organization totaled $690.0k during the year ending 12/2022.
Since 2017, Steinert Family Foundation has awarded 67 individual grants totaling $19,570,445. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT TO VARIOUS CHARITABLE AND EDUCATIONAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Max E Steinert President | 1.5 | $0 | |
Gary Steinert Vice President | 0.25 | $0 | |
Randall Steinert Treasurer | 2.5 | $0 | |
Stephanie Becker Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,000 |
| Interest on Savings | $342,020 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,877 |
| Total Revenue | $421,897 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,312 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,512 |
| Contributions, gifts, grants paid | $682,445 |
| Total expenses and disbursements | $689,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $373,679 |
| 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 | $5,039,440 |
| 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 | $261,175 |
| Total assets | $5,674,294 |
| 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, Steinert Family Foundation has awarded $682,445 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
COPPER HILLS CHURCH PURPOSE: RELIGIOUS SERVICES | $100,000 |
BRIDGE BIBLE CHURCH PURPOSE: RELIGIOUS SERVICES | $100,000 |
FRESNO PACIFIC UNIVERSITY PURPOSE: HIGHER ACADEMIA | $200,000 |
CHOSEN PEOPLE MINISTRIES PURPOSE: RELIGIOUS SERVICES | $2,000 |
GARDEN PATHWAYS PURPOSE: CHILD MENTORING | $10,000 |
GOOD NEWS IN ACTION PURPOSE: RELIGIOUS SERVICES | $2,000 |