Marilyn And Charles W Krenhbiel Foundation
- Assets
- $669.3k
- Revenue
- $121.5k
- Investments
- $661.5k
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 31-1533052
Organization Overview
Marilyn And Charles W Krenhbiel Foundation is located in Cincinnati, OH. The organization was established in 1997. 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. Marilyn And Charles W Krenhbiel 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 12/2022, Marilyn And Charles W Krenhbiel Foundation generated $121.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $94.9k during the year ending 12/2022. While expenses have increased by 11.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Marilyn And Charles W Krenhbiel Foundation has awarded 50 individual grants totaling $199,500. 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 |
|---|---|---|---|
Charles W Krehbiel Jr Trustee | 1 | $0 | |
Susan K Holzapfel Trustee | 1 | $0 | |
Joan L Montezmolo Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,953 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,517 |
| Capital Gain Net Income | $95,517 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $121,470 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,912 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $19,879 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $94,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,800 |
| 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 | $669,343 |
| 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, Marilyn And Charles W Krenhbiel Foundation has awarded $75,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BUILDING BRIDGES WITH MUSIC PURPOSE: PROGRAM SUPPORT | $25,000 |
INDIAN HILL FOUNDATION PURPOSE: PROGRAM SUPPORT | $7,000 |
ONE MIND INSTITUTE PURPOSE: PROGRAM SUPPORT | $2,000 |
US AGAINST ALZHEIMERS PURPOSE: PROGRAM SUPPORT | $2,000 |
RELEASH ATLANTA INC PURPOSE: PROGRAM SUPPORT | $2,000 |
SAVE (SOUTHERN ANIMAL VOLUNTEER EFFORT INC) PURPOSE: PROGRAM SUPPORT | $2,000 |