Mark & Susan Grimme Family Foundation is located in Southgate, KY. 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. Mark & Susan Grimme 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, Mark & Susan Grimme Family Foundation generated $444.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.2% each year .
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan E Grimme Director, President, & Secretary | 0.5 | $0 | |
Mark J Grimme Director & Treasurer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $407,604 |
Interest on Savings | $0 |
Dividends & Interest | $28,012 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $8,349 |
Capital Gain Net Income | $8,349 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $443,965 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $382 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $36 |
Total operating and administrative expenses | $9,220 |
Contributions, gifts, grants paid | $62,500 |
Total expenses and disbursements | $71,720 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,865 |
Savings and temporary cash investments | $300,000 |
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 | $357,683 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,568,885 |
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, Mark & Susan Grimme Family Foundation has awarded $62,500 in support to 20 organizations.
Grant Recipient | Amount |
---|---|
ALLIANCE FOR CATHOLIC URBAN EDUCATION PURPOSE: CHARITABLE | $2,000 |
BRIGHTON CENTER PURPOSE: CHARITABLE | $1,000 |
CARMEL MANOR PURPOSE: CHARITABLE | $500 |
CARENET PREGNANCY SERVICES PURPOSE: CHARITABLE | $1,000 |
CATHOLIC BISHOPS OF NORTHERN ALASKA PURPOSE: CHARITABLE | $1,000 |
GREATER LIBERTY BAPTIST CHURCH PURPOSE: CHARITABLE | $1,000 |