American Greetings Foundation Inc
- Assets
- $0.0
- Revenue
- $110.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Woodmere, OH
- Founding
- Data as of
- 12/2018
- EIN
- 31-1264728
Organization Overview
American Greetings Foundation Inc is located in Woodmere, OH.
For the year ending 12/2018, American Greetings Foundation Inc generated $110.5k 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 (23.2%) each year. All expenses for the organization totaled $778.5k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF FUNDS TO NUMEROUS CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zev Weiss President/director | 0 | $0 | |
Morry Weiss Chairman/director | 0 | $0 | |
Jeffrey Weiss Vice President/director | 0 | $0 | |
Gregory M Steinberg Treasurer | 0 | $0 | |
Mary Kay Incandela Director | 0 | $0 | |
Erwin Weiss Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $99 |
| Dividends & Interest | $96,596 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,805 |
| Capital Gain Net Income | $13,805 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $110,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,000 |
| Contributions, gifts, grants paid | $766,500 |
| Total expenses and disbursements | $778,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, American Greetings Foundation Inc has awarded $766,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BAY VILLAGE EDUCATIONAL FOUNDATION PURPOSE: EDUCATION | $500 |
CLEVELAND MUSEUM OF ART PURPOSE: EDUCATIONAL SUPPORT | $10,000 |
CLEVELAND CLINIC FOUNDATION PURPOSE: COMMUNITY OUTREACH | $350,000 |
CLEVELAND ORCHESTRA PURPOSE: COMMUNITY OUTREACH | $115,000 |
MANDEL JCC PURPOSE: COMMUNITY OUTREACH | $5,000 |
MEDWORDS PURPOSE: EDUCATIONAL | $10,000 |