Tremble Foundation Inc
- Assets
- $2.6m
- Revenue
- $271.6k
- Investments
- $2.5m
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 38-2869889
Organization Overview
Tremble Foundation Inc is located in Grand Rapids, MI. The organization was established in 1989. 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. Tremble 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 12/2022, Tremble Foundation Inc generated $271.6k 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 (10.9%) each year. All expenses for the organization totaled $735.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tremble Foundation Inc has awarded 60 individual grants totaling $926,680. 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 |
|---|---|---|---|
Comerica Bank Trustee | 10 | $41,226 | |
Various Directors Director | 2 | $28,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,426 |
| Dividends & Interest | $80,330 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $75,312 |
| Capital Gain Net Income | $75,312 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $114,499 |
| Total Revenue | $271,567 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $69,226 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,931 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $259,752 |
| Printing and publications | $0 |
| Other expenses | $10,480 |
| Total operating and administrative expenses | $403,589 |
| Contributions, gifts, grants paid | $332,180 |
| Total expenses and disbursements | $735,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $108,182 |
| 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 | $2,596,517 |
| 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, Tremble Foundation Inc has awarded $332,180 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
DOWAGIAC ALTHETIC BOOST PURPOSE: CHARITABLE | $10,000 |
VALPARAISO SCHOOLS PURPOSE: CHARITABLE | $5,000 |
ASCENSION BORGESS LEE PURPOSE: CHARITABLE | $10,000 |
ORANGUTAN CHIMP CONS PURPOSE: CHARITABLE | $7,000 |
MAESTRO CARES PURPOSE: CHARITABLE | $65,000 |
ELI STRONG FOUNDATION PURPOSE: CHARITABLE | $10,000 |