John & Betty Ober Foundation Inc
- Assets
- $0.0
- Revenue
- $20.5k
- Investments
- $421.8k
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 01/2004
- Data as of
- 10/2021
- EIN
- 33-1073526
Organization Overview
John & Betty Ober Foundation Inc is located in Indianapolis, IN. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. John & Betty Ober 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 10/2021, John & Betty Ober Foundation Inc generated $20.5k 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 (15.3%) each year. All expenses for the organization totaled $31.9k during the year ending 10/2021. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, John & Betty Ober Foundation Inc has awarded 18 individual grants totaling $104,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $8,571 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,535 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $6,933 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $31,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, John & Betty Ober Foundation Inc has awarded $25,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE THERAPEUTIC PURPOSE: CONTRIBUTION | $5,000 |
DELTA GAMMA FOUNDATION PURPOSE: CONTRIBUTION | $2,000 |
INDIANAPOLIS HUMANE SOC PURPOSE: CONTIRBUTION | $3,000 |
IU SCHOOL OF MEDICINE PURPOSE: CONTRIBUTION | $5,000 |
UNITED METHODIST CHURCH PURPOSE: CONTRIBUTION | $5,000 |
WOUNDED WARRIOR PROJECT PURPOSE: CONTRIBUTION | $5,000 |