Charles H Dater Foundation Inc
- Assets
- $102.8m
- Revenue
- $5.2m
- Investments
- $94.5m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 12/1986
- Data as of
- 08/2023
- EIN
- 31-1150951
Organization Overview
Charles H Dater Foundation Inc is located in Cincinnati, OH. The organization was established in 1986. 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. Charles H Dater 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 08/2023, Charles H Dater Foundation Inc generated $5.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $6.8m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles H Dater Foundation Inc has awarded 1,174 individual grants totaling $32,658,587. 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 |
|---|---|---|---|
Bruce A Krone President/secretary/direct | 15 | $50,000 | |
Stanley J Frank Jr Treasurer/director | 15 | $50,000 | |
Amanda P Lenhart Director/vp | 15 | $50,000 | |
Roger L Ruhl Director/vp | 15 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,740,611 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,501,636 |
| Capital Gain Net Income | $2,501,636 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,242,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $200,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $38,000 |
| Interest | $0 |
| Taxes | $190,500 |
| Depreciation | $0 |
| Occupancy | $36,980 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,954 |
| Total operating and administrative expenses | $1,062,762 |
| Contributions, gifts, grants paid | $5,750,000 |
| Total expenses and disbursements | $6,812,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,293,662 |
| 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 | $102,786,063 |
| 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, Charles H Dater Foundation Inc has awarded $5,750,000 in support to 159 organizations.
| Grant Recipient | Amount |
|---|---|
1N5 PURPOSE: BUILDING RESILIENCY IN YOUTH | $35,000 |
ADOPT A CLASS FOUNDATION PURPOSE: LEVERAGING COMMUNITY AND CIVIC PARTNERSHIPS TO MENTOR 2,500 STUDENTS IN CAREER AND LIFE SKILLS | $40,000 |
AMERICAN DIABETES ASSOCIATION PURPOSE: AMERICAN DIABETES ASSOCIATION'S CAMP KORELITZ | $20,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: YOUTH DISASTER PREPAREDNESS | $20,000 |
ART ACADEMY OF CINCINNATI PURPOSE: ARTIST & WRITER IN RESIDENCE | $25,000 |
ARTHRITIS FOUNDATION INC PURPOSE: KIDS GET ARTHRITIS TOO! | $20,000 |