Oppenstein Brothers Foundation
- Assets
- $34.3m
- Revenue
- $2.1m
- Investments
- $33.4m
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 10/1976
- Data as of
- 03/2024
- EIN
- 43-6203035
Organization Overview
Oppenstein Brothers Foundation is located in Kansas City, MO. The organization was established in 1976. 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. Oppenstein Brothers 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 03/2024, Oppenstein Brothers Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.6m during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Oppenstein Brothers Foundation has awarded 861 individual grants totaling $15,487,000. 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 |
|---|---|---|---|
Commerce Bank Na Invmgmt Corp. Trustee | 40 | $192,844 | |
Commerce Bank Na Charity Office Corp. Trustee | 40 | $164,460 | |
Commerce Bank Na Charity Mgmt Corp. Trustee | 5 | $23,605 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $938,511 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,167,938 |
| Capital Gain Net Income | $1,167,938 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,106,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $380,909 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $449 |
| Printing and publications | $0 |
| Other expenses | $334 |
| Total operating and administrative expenses | $405,692 |
| Contributions, gifts, grants paid | $1,205,500 |
| Total expenses and disbursements | $1,611,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $868,265 |
| 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 | $419,090 |
| Investments—other | $17,263,508 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $34,273,390 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,107,000 |
| 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 | $1,107,000 |
Grants Awarded
Over the last fiscal year, Oppenstein Brothers Foundation has awarded $2,820,000 in support to 166 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITY KC PURPOSE: THERAPEUTIC PRESCHOOL & THERAPY SERVICES | $30,000 |
AFTER THE HARVEST PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION | $20,000 |
AMERICAN PUBLIC SQUARE INC PURPOSE: CIVICS EDUCATION INITIATIVE | $10,000 |
AMETHYST PLACE INC PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION | $15,000 |
ARTISTS HELPING THE HOMELESS PURPOSE: BE THE CHANGE PROGRAM | $7,500 |
ASSISTANCE LEAGUE OF KANSAS CITY PURPOSE: OPERATION SCHOOL BELL/OPERATION CHILD IN NEED | $6,000 |