Glenn And Thelma Rieke Foundation
- Assets
- $159.6k
- Revenue
- $19.8k
- Investments
- $54.1k
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 10/1986
- Data as of
- 09/2023
- EIN
- 31-1184647
Organization Overview
Glenn And Thelma Rieke Foundation is located in Fort Wayne, IN. 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. Glenn And Thelma Rieke 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 09/2023, Glenn And Thelma Rieke Foundation generated $19.8k 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 (5.6%) each year. All expenses for the organization totaled $9.8k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $51 |
| Dividends & Interest | $5,341 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,347 |
| Capital Gain Net Income | $14,347 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $96 |
| Total Revenue | $19,835 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,562 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,304 |
| Contributions, gifts, grants paid | $7,514 |
| Total expenses and disbursements | $9,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,483 |
| 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 | $159,551 |
| 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, Glenn And Thelma Rieke Foundation has awarded $7,514 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ANTHONY WAYNE COUNCIL BSA PURPOSE: PROGRAM SUPPORT | $1,127 |
AUBURN PRESBYTERIAN CHURCH PURPOSE: PROGRAM SUPPORT | $1,127 |
DEKALB COMMUNITY FOUNDATION PURPOSE: PROGRAM SUPPORT | $451 |
DEKALB CTY COUNCIL ON AGING PURPOSE: PROGRAM SUPPORT | $451 |
TRINE UNIVERSITY PURPOSE: PROGRAM SUPPORT | $1,503 |
UNITED WAY OF DEKALB CTY PURPOSE: PROGRAM SUPPORT | $376 |