Mark & Susan Grimme Family Foundation
- Assets
- $810.7k
- Revenue
- $549.8k
- Investments
- $475.0k
- Employees
- 0
- Location
- Southgate, KY
- Founding
- Data as of
- 12/2021
- EIN
- 84-3545278
Organization Overview
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 12/2021, Mark & Susan Grimme Family Foundation generated $549.8k in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan E Grimme Director, President, & Secretary | 0.5 | $0 | |
Mark J Grimme Director & Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $524,610 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,724 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,466 |
| Capital Gain Net Income | $17,466 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $549,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $131 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $107 |
| Total operating and administrative expenses | $2,596 |
| Contributions, gifts, grants paid | $17,500 |
| Total expenses and disbursements | $20,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,215 |
| 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 | $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 | $349,106 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $320,436 |
| Total assets | $810,685 |
| 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, Mark & Susan Grimme Family Foundation has awarded $17,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BLUGRASS CARE NAVIGATORS PURPOSE: CHARITABLE | $7,500 |
ST THOMAS CAPITAL CAMPAIGN PURPOSE: CHARITABLE | $5,000 |
GREATER LIBERTY BAPTIST CHURCH PURPOSE: CHARITABLE | $1,000 |
KEN ANDERSON ALLIANCE PURPOSE: CHARITABLE | $1,000 |
CARENET PREGNANCY SERVICES PURPOSE: CHARITABLE | $500 |
Louisville, KY PURPOSE: CHARITABLE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For The Arts Inc Louisville, KY | $9,833,007 | $6,108,558 |
Virginia Foundation For The Humanities And Public Policy Charlottesville, VA | $13,497,972 | $6,667,303 |
Americans For Public Trust Alexandria, VA | $249,074 | $3,628,537 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Robert Allerton Trust Under Will Dated April 15 1964 Chicago, IL | $38,402,099 | $3,836,329 |
Memphis Museums Inc Memphis, TN | $7,243,926 | $3,293,679 |
Artsbuild Chattanooga, TN | $20,819,407 | $7,133,514 |
Stranahan Theater Trust Toledo, OH | $8,657,063 | $1,825,495 |
Lithuanian Foundation Lemont, IL | $53,188,345 | $6,129,593 |
David C & Sarajean Ruttenberg Arts Foundation Chicago, IL | $0 | $66,826 |
Richard & Ellen Sandor Art Foundation Chicago, IL | $0 | $3,100 |
Chesterfield Cultural Arts Foundation Chester, VA | $1,189,257 | $621,062 |