Assenmacher Foundation
- Assets
- $351.6k
- Revenue
- $88.3k
- Investments
- $272.6k
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- Data as of
- 12/2022
- EIN
- 83-2788578
Organization Overview
Assenmacher Foundation is located in Tucson, AZ. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assenmacher 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, Assenmacher Foundation generated $88.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $72.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Assenmacher Foundation has awarded 20 individual grants totaling $303,500. 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 |
|---|---|---|---|
William Assenmacher President | 1 | $0 | |
Molly Assenmacher Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $81,050 |
| Interest on Savings | $31 |
| Dividends & Interest | $9,453 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,259 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,275 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $821 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,882 |
| Contributions, gifts, grants paid | $71,000 |
| Total expenses and disbursements | $72,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,031 |
| 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 | $351,641 |
| 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, Assenmacher Foundation has awarded $71,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA HEROES MEMORIAL PURPOSE: PROGRAM SUPPORT | $15,000 |
BOULDER CREST FOUNDATION PURPOSE: PROGRAM SUPPORT | $7,500 |
CENTURION FOUNDATION PURPOSE: PROGRAM SUPPORT | $1,000 |
CATHOLIC FOUNDATION FOR THE DIOCESE OF TUCSON PURPOSE: PROGRAM SUPPORT | $10,000 |
SOUTHERN ARIZONA ADAPTIVE SPORTS PURPOSE: PROGRAM SUPPORT | $2,500 |
THE CATHOLIC UNIVERSITY OF AMERICA - TUCSON PURPOSE: PROGRAM SUPPORT | $25,000 |