Strasser Family Foundation Inc
- Assets
- $0.0
- Revenue
- $46.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- Data as of
- 12/2021
- EIN
- 90-0722061
Organization Overview
Strasser Family Foundation Inc is located in Chevy Chase, MD. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strasser Family Foundation Inc 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, Strasser Family Foundation Inc generated $46.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 50.3% each year . All expenses for the organization totaled $216.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Strasser Family Foundation Inc has awarded 25 individual grants totaling $228,189. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
2 ORGANIZATIONS BENEFITED FROM GIFTS BY THE STRASSER FAMILY FOUNDATION, INC.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,693 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,907 |
| Capital Gain Net Income | $40,907 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,600 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $682 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $159 |
| Total operating and administrative expenses | $2,341 |
| Contributions, gifts, grants paid | $214,139 |
| Total expenses and disbursements | $216,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Strasser Family Foundation Inc has awarded $214,139 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION BETH EL PURPOSE: UNRESTRICTED | $450 |
STRASSER FAMILY CHARITABLE FUND - BANK OF AMERICA PURPOSE: UNRESTRICTED | $213,689 |