William F Grupe Foundation Inc
- Assets
- $773.5k
- Revenue
- $32.6k
- Investments
- $753.6k
- Employees
- 0
- Location
- Livingston, NJ
- Founding
- 01/1976
- Data as of
- 12/2022
- EIN
- 22-6094704
Organization Overview
William F Grupe Foundation Inc is located in Livingston, NJ. The organization was established in 1976. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. William F Grupe 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 12/2022, William F Grupe Foundation Inc generated $32.6k 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 (15.1%) each year. All expenses for the organization totaled $89.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, William F Grupe Foundation Inc has awarded 36 individual grants totaling $199,500. 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 |
|---|---|---|---|
D Lynn Van Borkulo-Nuzzo President | 1 | $0 | |
Douglas W Grupe Vice President | 1 | $0 | |
Christopher Petermann Vice President | 1 | $0 | |
Barbara DE Filippo Secretary | 1 | $0 | |
Keith Hawthorne Trustee Term Ended July 2022 | 1 | $0 | |
Lisa R Garsman Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $313 |
| Dividends & Interest | $14,615 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,652 |
| Capital Gain Net Income | $18,652 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$971 |
| Total Revenue | $32,609 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,764 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $167 |
| Total operating and administrative expenses | $39,874 |
| Contributions, gifts, grants paid | $49,500 |
| Total expenses and disbursements | $89,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,949 |
| 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 | $377,732 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $773,541 |
| 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, William F Grupe Foundation Inc has awarded $49,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
COOPERMAN BARNABAS MEDICAL CENTER PURPOSE: CARDIAC SERVICES | $500 |
EASTWICK COLLEGE ITF MAMTA DUTTA PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |
FAIRFIELD UNIVERSITY ITF ALEXIS FAS PURPOSE: EDUCATIONAL SCHOLARSHIP | $6,000 |
HACKENSACK MERIDIAN SCHOOL OF MEDIC PURPOSE: EDUCATIONAL SCHOLARSHIP | $8,000 |
RUTGERS RWJ MEDICAL SCHOOL ITF NOEL PURPOSE: EDUCATIONAL SCHOLARSHIP | $8,000 |
UNION COUNTY SCHOOL OF MEDICINE ITF PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |