Stella & Frederick S Loeb Charitable Tr is located in Columbus, OH. The organization was established in 1991. 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. Stella & Frederick S Loeb Charitable Tr 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 08/2023, Stella & Frederick S Loeb Charitable Tr generated $912.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $322.2k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Stella & Frederick S Loeb Charitable Tr has awarded 270 individual grants totaling $1,500,454. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $555,420 |
| Interest on Savings | $0 |
| Dividends & Interest | $157,110 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $199,260 |
| Capital Gain Net Income | $199,260 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,074 |
| Total Revenue | $912,864 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $62,279 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $650 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $64,179 |
| Contributions, gifts, grants paid | $258,000 |
| Total expenses and disbursements | $322,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $132,429 |
| 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 | $4,544,155 |
| 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 |
Over the last fiscal year, Stella & Frederick S Loeb Charitable Tr has awarded $258,000 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
WOW OUTREACH PURPOSE: GENERAL OPERATING | $1,000 |
SHELTER OF FLINT INC PURPOSE: HOUSING SVCS FOR FAMILIES | $6,000 |
ASBURY COMMUNITY DEVELOPMENT CORP PURPOSE: GENERAL OPERATING | $2,000 |
MICHIGAN BASKETBALL ASSOCIATION PURPOSE: FREE LIFE SKILLS BASKETBALL | $8,500 |
ELE'S PLACE PURPOSE: OPERATING EXPENSES | $5,000 |
MCLAREN FOUNDATION PURPOSE: TOMOSYTHESIS MAMMOGRAPHY | $10,000 |