Aureus Foundation is located in Clarksville, MD. The organization was established in 2008. 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. Aureus 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 12/2023, Aureus Foundation generated $113.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $34.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aureus Foundation has awarded 27 individual grants totaling $393,338. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis M Rehak Jr Left 2023 President/director | 1 | $0 | |
Robert B White Left 2023 Vice President/director | 1 | $0 | |
Jane Brooks Horn Left 2023 Treasurer/director | 1 | $0 | |
Justin B White President | 1 | $0 | |
Jessica L Fansler Vice President | 1 | $0 | |
Jaclyn S Whitaker Secretary/treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $101,565 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,923 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,109 |
| Capital Gain Net Income | $4,109 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $113,597 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $133 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $239 |
| Total operating and administrative expenses | $8,605 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $34,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,028 |
| Savings and temporary cash investments | $13 |
| 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 | $971,920 |
| 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 |
Over the last fiscal year, Aureus Foundation has awarded $26,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DOMINION SISTERS OF ST CECILIA PURPOSE: GENERAL OPERATIONS | $5,000 |
MOUNT DE SALES ACADEMY PURPOSE: TO SUPPORT VARIOUS SCHOLARSHIPS | $5,000 |
SHRINE OF ST ANTHONY PURPOSE: GENERAL OPERATIONS | $5,000 |
PAUL MAGNUS FOUNDATION PURPOSE: GENERAL OPERATIONS | $10,000 |
ST JOHN'S EPISCOPAL SCHOOL PURPOSE: GENERAL OPERATIONS | $1,000 |