Hildegard O Nehring Foundation
- Assets
- $1.2m
- Revenue
- $109.8k
- Investments
- $782.9k
- Employees
- 0
- Location
- Independence, OH
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 45-2783501
Organization Overview
Hildegard O Nehring Foundation is located in Independence, OH. The organization was established in 2015. 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. Hildegard O Nehring 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, Hildegard O Nehring Foundation generated $109.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $97.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hildegard O Nehring Foundation has awarded 45 individual grants totaling $502,136. 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.
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 |
|---|---|---|---|
John D Kedzior Co-Trustee | 2 | $4,908 | |
Chistopher A Corpus Co-Trustee | 0.5 | $4,907 | |
Keith Vanderburg Co-Trustee | 0.5 | $4,908 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $98,037 |
| Dividends & Interest | $9,992 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,757 |
| Capital Gain Net Income | $16,681 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$9,023 |
| Total Revenue | $109,763 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,723 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $242 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,217 |
| Contributions, gifts, grants paid | $72,000 |
| Total expenses and disbursements | $97,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,837 |
| Savings and temporary cash investments | $123,279 |
| 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 | $299,097 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,294 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,221,099 |
| 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, Hildegard O Nehring Foundation has awarded $72,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY LUTHERAN CHURCH PURPOSE: PUBLIC CHARITY | $12,000 |
FAITH LUTHERAN CHURCH PURPOSE: PUBLIC CHARITY | $12,000 |
BUILDING HOPE IN THE CITY PURPOSE: PUBLIC CHARITY | $12,000 |
PARMA LUTHERAN CHURCH PURPOSE: PUBLIC CHARITY | $12,000 |
CLEVELAND PREGNACY CENTER PURPOSE: PUBLIC CHARITY | $12,000 |
THE ALTENHEIM FOUNDATION PURPOSE: PUBLIC CHARITY | $12,000 |