Samuel B Obrien Foundation is located in Des Moines, IA. The organization was established in 2018. 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. Samuel B Obrien 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 12/2023, Samuel B Obrien Foundation generated $19.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $40.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Samuel B Obrien Foundation has awarded 70 individual grants totaling $162,098. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO DIRECT ACTIVE CONDUCT OF A CHARITABLE ACTIVITY.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $119 |
Dividends & Interest | $18,964 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $103 |
Capital Gain Net Income | $103 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $19,186 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $1,143 |
Contributions, gifts, grants paid | $39,166 |
Total expenses and disbursements | $40,309 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $14,006 |
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 | $297,250 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $311,256 |
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 |
Over the last fiscal year, Samuel B Obrien Foundation has awarded $39,166 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
ANIMAL RESCUE LEAGUE PURPOSE: CHARITABLE | $150 |
BRENTON ARBORETUM PURPOSE: CHARITABLE | $51 |
DES MOINES ART CENTER PURPOSE: CHARITABLE | $140 |
DES MOINES BOTANICAL CENTER PURPOSE: CHARITABLE | $100 |
DES MOINES METRO OPERA PURPOSE: CHARITABLE | $1,000 |
IOWA NATURAL HERITAGE FOUNDATION PURPOSE: CHARITABLE | $100 |