Geisse Foundation

Organization Overview

Geisse Foundation is located in Chagrin Falls, OH. The organization was established in 1970. 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. Geisse 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, Geisse Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Geisse Foundation has awarded 94 individual grants totaling $2,266,243. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NA


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Board, Officers & Key Employees

Name (title)Compensation
Timothy F Geisse
Exec Dirttee
$0
Lawrence J Geisse MD
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $247
Dividends & Interest $136,344
Net Rental Income$0
Net Gain on Sale of Assets $995,901
Capital Gain Net Income $995,901
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $82,923
Total Revenue $1,215,415

Grants Awarded

Over the last fiscal year, Geisse Foundation has awarded $951,082 in support to 25 organizations.

Grant RecipientAmount

ASSN FOR A MORE JUST SOCIETY

PURPOSE: GENERAL PURPOSE

$180,000

STIFEL CHARITABLE FUND

PURPOSE: GENERAL PURPOSE

$169,882

SCHWAB CHARITABLE FUND

PURPOSE: GENERAL PURPOSE

$83,000

LIFEWATER INTERNATIONAL

PURPOSE: GENERAL PURPOSE

$75,000

IDE

PURPOSE: GENERAL PURPOSE

$75,000

HEALING WATERS

PURPOSE: GENERAL PURPOSE

$50,000
View Grant Profile

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