Bielfeldt Foundation
- Assets
- $11.1m
- Revenue
- $248.6k
- Investments
- $11.0m
- Employees
- 0
- Location
- Peoria Heights, IL
- Founding
- 10/1986
- Data as of
- 12/2023
- EIN
- 37-1188243
Organization Overview
Bielfeldt Foundation is located in Peoria Heights, IL. The organization was established in 1986. 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. Bielfeldt 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 12/2023, Bielfeldt Foundation generated $248.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $530.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bielfeldt Foundation has awarded 84 individual grants totaling $6,734,148. 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 |
|---|---|---|---|
Douglas S Stewart Vice President | 1 | $0 | |
Jane B Converse Director Emeritus | 1 | $0 | |
Gary Anna Secretary/treasurer | 1 | $0 | |
Carlotta Bielfeldt Executive Director | 37 | $85,000 | |
John Morris Director | 1 | $0 | |
Dave Murray Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $295,769 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$85,951 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38,803 |
| Total Revenue | $248,621 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,000 |
| Other employee salaries and wages | $23,000 |
| Pension plans, employee benefits | $17,700 |
| Interest | $0 |
| Taxes | $19,832 |
| Depreciation | $0 |
| Occupancy | $18,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $635 |
| Other expenses | $23,140 |
| Total operating and administrative expenses | $235,931 |
| Contributions, gifts, grants paid | $295,000 |
| Total expenses and disbursements | $530,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $129,498 |
| 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 | $10,996,114 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,125,612 |
| 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, Bielfeldt Foundation has awarded $295,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
UNITY POINT HEALTH CENTRAL ILLINOIS FOUNDATION PURPOSE: YOUNG MINDS PROJECT | $105,000 |
EASTERSEALS CENTRAL ILLINOIS PURPOSE: CENTENNIAL CAPITAL CAMPAIGN | $50,000 |
BRADLEY UNIVERSITY PURPOSE: ATHLETIC DEPARTMENT/ MEN'S & WOMEN'S BASKETBALL & ENDOWMENTS | $44,000 |
PEORIA RIVERFRONT MUSEUM PURPOSE: BLOCKBUSTERS, AMERICAN PRESIDENT'S EXHIBITION, CHRISTMAS IN THE VILLAGE, & EVERY STUDENT INITIATIVE | $42,000 |
HEART OF ILLINOIS UNITED WAY PURPOSE: 2023 CAMPAIGN | $32,500 |
MIDWEST FOOD BANK PURPOSE: GENERAL OPERATIONS | $4,500 |