Diersch Family Foundation
- Assets
- $1.1m
- Revenue
- $49.8k
- Investments
- $996.8k
- Employees
- 0
- Location
- Loudon, TN
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 82-3262117
Organization Overview
Diersch Family Foundation is located in Loudon, TN. 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. Diersch 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 12/2023, Diersch Family Foundation generated $49.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.1%) each year. All expenses for the organization totaled $72.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Diersch Family Foundation has awarded 72 individual grants totaling $351,980. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Werner H Diersch President | 0 | $0 | |
Joanne Diersch Sec/treas | 0 | $0 | |
Brandon M Diersch Director | 0 | $0 | |
Ashley E Diersch Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,824 |
| Dividends & Interest | $32,989 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,966 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,779 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,035 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,062 |
| Total operating and administrative expenses | $14,085 |
| Contributions, gifts, grants paid | $58,450 |
| Total expenses and disbursements | $72,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,242 |
| 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 | $96 |
| 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 | $1,050,125 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $16,500 |
| 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 | $16,500 |
Grants Awarded
Over the last fiscal year, Diersch Family Foundation has awarded $58,450 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY CHRISTIAN SERVICES PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $1,000 |
HOLY FAMILY CATHOLIC CHURCH PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $2,500 |
OUR PLACE PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $5,000 |
SMOKEY MOUNTAIN SERVICE DOGS PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $5,240 |
ST THOMAS THE APOSTLE CHURCH PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $15,000 |
TELLICO VILLAGE LIBRARY PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $5,000 |