Clement And Ann Buenger Foundation
- Assets
- $53.8m
- Revenue
- $1.2m
- Investments
- $51.8m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 08/1989
- Data as of
- 09/2022
- EIN
- 31-1259480
Organization Overview
Clement And Ann Buenger Foundation is located in Cincinnati, OH. The organization was established in 1989. 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. Clement And Ann Buenger 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 09/2022, Clement And Ann Buenger Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $3.8m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clement And Ann Buenger Foundation has awarded 21 individual grants totaling $11,419,568. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael K Keating Director & President | 30 | $0 | |
Jane N Keating Director | 1 | $0 | |
Megan K Dacus Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Truepoint Wealth Counsel Llc | 9/29/23 | $169,388 |
Smart Plug Associates | 9/29/23 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,684 |
| Dividends & Interest | $1,141,363 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,576 |
| Capital Gain Net Income | $30,576 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,375 |
| Total Revenue | $1,198,998 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $100 |
| Taxes | $159,893 |
| Depreciation | $60,423 |
| Occupancy | $87,435 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $78,815 |
| Total operating and administrative expenses | $758,009 |
| Contributions, gifts, grants paid | $3,007,500 |
| Total expenses and disbursements | $3,765,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $285,130 |
| Savings and temporary cash investments | $1,160,979 |
| 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 | $3,736,043 |
| Net Land, buildings, and equipment | $523,862 |
| Other assets | $5,790 |
| Total assets | $53,753,659 |
| 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, Clement And Ann Buenger Foundation has awarded $3,102,907 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GREATER CINCINNATI FOUNDATION PURPOSE: PROJECT/PROGRAM SUPPORT | $1,000,000 |
NATIONAL CENTER FOR FAMILY PHILANTHROPY PURPOSE: PROJECT/PROGRAM SUPPORT | $2,500 |
PASSTHROUGH DONATIONS - FITZROY HEALTH HOLDINGS LLC K-1 EIN 47-2919982 PURPOSE: PROJECT/PROGRAM SUPPORT | $15 |
THE DAYTON FOUNDATION PURPOSE: PROJECT/PROGRAM SUPPORT | $2,100,000 |
PASSTHROUGH DONATIONS - ORANGE GROVE BIO LLC K-1 EIN 31-1254480 PURPOSE: PROJECT/PROGRAM SUPPORT | $392 |