Imbus Foundation
- Assets
- $17.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, OH
- Founding
- Data as of
- 12/2023
- EIN
- 85-0904218
Organization Overview
Imbus Foundation is located in Milford, OH. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Imbus Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SCHOLARSHIPS FOR GRADUATING HIGH SCHOOL SENIORS TO POST SECONDARY EDUCATIONAL INSTITUTIONS. THE SCHOLARSHIPS ARE TO PROVIDE OPPORTUNITES TO STUDENTS WITH LIMITED FINANCIAL RESOURCES TO ATTEND A TWO-YEAR OR FOUR-YEAR COLLEGE OR UNIVERSITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen C Ginn Senior Manager | 0 | $0 | |
Karyn A Rieger Secretary | 0 | $0 | |
John E Imbus Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| 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 | $3 |
| Total operating and administrative expenses | $7 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $15,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,322 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,322 |
| 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, Imbus Foundation has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE MORTON PURPOSE: SCHOLARSHIP | $10,000 |
HUGO BOURINBAYAR PURPOSE: SCHOLARSHIP | $5,000 |