The Ralph & Donna Korte Family Charitable Foundation
- Assets
- $30.5k
- Revenue
- $95.6k
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 43-1475774
Organization Overview
The Ralph & Donna Korte Family Charitable Foundation is located in St Louis, MO. 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. Ralph & Donna Korte Family Charitable 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 12/2022, Ralph & Donna Korte Family Charitable Foundation generated $95.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $94.8k during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ralph & Donna Korte Family Charitable Foundation has awarded 84 individual grants totaling $321,084. 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 |
|---|---|---|---|
Ralph Korte President | 0 | $0 | |
Todd J Korte Vice President | 0 | $0 | |
Susan D Bowman Secretary | 0 | $0 | |
Greg Korte Director | 0 | $0 | |
Vicki L Solheim Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $95,557 |
| Interest on Savings | $5 |
| Dividends & Interest | $0 |
| 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 | $95,562 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $312 |
| Total operating and administrative expenses | $1,137 |
| Contributions, gifts, grants paid | $93,690 |
| Total expenses and disbursements | $94,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,458 |
| Savings and temporary cash investments | $0 |
| 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 | $30,458 |
| 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, The Ralph & Donna Korte Family Charitable Foundation has awarded $93,690 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN DIABETES ASSOCIATION PURPOSE: FOR DIABETES RESEARCH | $1,000 |
ANDERSON HOSPITAL PURPOSE: FOR HOSPITAL CAPITAL CAMPAIGN | $20,000 |
CARDINAL GLENNON CHILDREN'S FOUNDATION PURPOSE: FOR HOSPITAL SUPPORT | $1,000 |
BOY SCOUTS OF AMERICA GREATER ST LOUIS PURPOSE: FOR YOUTH DEVELOPMENT - BOYS | $2,400 |
CHRISTIAN ACTIVITY CENTER PURPOSE: FOR MEDICAL SUPPORT | $1,500 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: FOR MEDICAL SUPPORT | $1,000 |