Robert A Immerman Family Foundation
- Assets
- $42.8m
- Revenue
- $5.0m
- Investments
- $40.5m
- Employees
- 0
- Location
- Twinsburg, OH
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-4209752
Organization Overview
Robert A Immerman Family Foundation is located in Twinsburg, OH. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Robert A Immerman Family 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, Robert A Immerman Family Foundation generated $5.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Immerman President/treasurer | 1 | $0 | |
Sarah C Immerman Vice President | 1 | $0 | |
Rachel L Immerman Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $138 |
| Dividends & Interest | $361,965 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$375,067 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,056,175 |
| Total Revenue | $5,043,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $147 |
| Taxes | $33,272 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $154,583 |
| Contributions, gifts, grants paid | $1,815,000 |
| Total expenses and disbursements | $1,969,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,254,197 |
| 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 | $42,753,343 |
| Accounts payable and accrued expenses | $148 |
| 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 | $29,013 |
| Total liabilities | $29,161 |
Grants Awarded
Over the last fiscal year, Robert A Immerman Family Foundation has awarded $1,815,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Cleveland, OH PURPOSE: CONTINUED GENERAL OPERATING SUPPORT | $815,000 |
JEWISH COMMUNITY FEDERATION PURPOSE: CONTINUED GENERAL OPERATING SUPPORT | $500,000 |
Cleveland, OH PURPOSE: CONTINUED GENERAL OPERATING SUPPORT | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Progressive Insurance Foundation Cleveland, OH | $7,804,354 | $47,823,383 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Third Federal Foundation Cleveland, OH | $35,709,526 | $3,618,702 |
Gii Charities Grand Rapids, MI | $4,065,002 | $6,112,431 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Westfield Insurance Foundation Westfield Center, OH | $42,931,784 | $4,362,594 |
Giant Eagle Foundation Pittsburgh, PA | $15,044,604 | $6,408,453 |
Morgan Family Foundation Yellow Springs, OH | $51,827,477 | $1,582,241 |
Harry M And Violet Turner Charitable Trust Springfield, OH | $29,217,065 | $2,348,308 |
Penske Foundation Inc Bloomfield Hills, MI | $17,008,099 | $10,243,924 |