Roemisch Family Foundation
- Assets
- $764.2k
- Revenue
- $25.6k
- Investments
- $725.7k
- Employees
- 0
- Location
- Painesville, OH
- Founding
- 12/1900
- Data as of
- 07/2022
- EIN
- 34-1322032
Organization Overview
Roemisch Family Foundation is located in Painesville, OH. The organization was established in 1900. 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.
For the year ending 07/2022, Roemisch Family Foundation generated $25.6k 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 (14.7%) each year. All expenses for the organization totaled $33.6k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 3 years. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO EDUCATIONAL AND OTHER CHARITABLE ORGANIZATIONS
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 |
|---|---|---|---|
Elaine Crane Trustee | 2 | $0 | |
Priscilla Hyclak Trustee | 1 | $0 | |
Elizabeth Courtney Stringer Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $319 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,287 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,606 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $756 |
| Depreciation | $0 |
| Occupancy | $1,356 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $163 |
| Total operating and administrative expenses | $3,475 |
| Contributions, gifts, grants paid | $30,164 |
| Total expenses and disbursements | $33,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,034 |
| Net Accounts receivable | $450 |
| 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 | $562,696 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $764,199 |
| Accounts payable and accrued expenses | $1,200 |
| 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 | $1,200 |
Grants Awarded
Over the last fiscal year, Roemisch Family Foundation has awarded $30,164 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ASHLAND UNIVERSITY PURPOSE: GENERAL | $2,500 |
AUTISM SPEAKS PURPOSE: GENERAL | $200 |
BOWLING GREEN STATE UNIVERSITY PURPOSE: GENERAL | $300 |
FREEDOM WORKS FOUNDATION PURPOSE: GENERAL | $750 |
HERITAGE FOUNDATION PURPOSE: GENERAL | $600 |
HILLSDALE COLLEGE PURPOSE: GENERAL | $1,125 |