Margaret Blanke Grigg Foundation
- Assets
- $8.7m
- Revenue
- $591.2k
- Investments
- $8.5m
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 07/1995
- Data as of
- 12/2022
- EIN
- 43-1699657
Organization Overview
Margaret Blanke Grigg Foundation is located in Saint Louis, MO. The organization was established in 1995. 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. Margaret Blanke Grigg 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, Margaret Blanke Grigg Foundation generated $591.2k 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 (11.9%) each year. All expenses for the organization totaled $975.7k during the year ending 12/2022. 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
NONE
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 |
|---|---|---|---|
William H Hobson President, Director | 0.5 | $500 | |
Charles R Grigg Vice President, Director | 0.1 | $0 | |
Eliot Grigg Vice President; Director | 0.1 | $0 | |
Harry H Langenberg II Vice President, Treasurer, Director | 0.25 | $500 | |
Thomas E Venker Jr Secretary, Director | 0.2 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,829 |
| Dividends & Interest | $258,603 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $320,288 |
| Capital Gain Net Income | $320,289 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,455 |
| Total Revenue | $591,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,459 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,300 |
| Total operating and administrative expenses | $138,722 |
| Contributions, gifts, grants paid | $837,000 |
| Total expenses and disbursements | $975,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250 |
| Savings and temporary cash investments | $183,533 |
| 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 | $4,421,509 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $18,051 |
| Total assets | $8,700,874 |
| 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 |