Tom@feist Foundation is located in Spearville, KS. The organization was established in 2013. 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. Tom@feist 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, Tom@feist Foundation generated $80.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Tom@feist Foundation has awarded 57 individual grants totaling $9,147,581. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAKES GRANTS TO ORGANIZATIONS FOR THE BENEFIT OF SPEARVILLE, KANSAS. DURING 2022, THE ORGANIZATION PAID A TOTAL OF $1,202,750 IN GRANTS TO FIVE DIFFERENT ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Herrman President/treasurer | 5 | $2,794 | |
Sandy Hines Secretary | 0 | $0 | |
Jay Feist Vice President | 0 | $0 | |
Kyle Eberle Director | 0 | $0 | |
Dennis Werner Director | 0 | $0 | |
Paula Feist Alefs Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $106,117 |
| Dividends & Interest | $284,086 |
| Net Rental Income | $107,821 |
| Net Gain on Sale of Assets | -$443,975 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,068 |
| Total Revenue | $80,818 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,794 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $82,134 |
| Depreciation | $0 |
| Occupancy | $10 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,253 |
| Total operating and administrative expenses | $265,527 |
| Contributions, gifts, grants paid | $1,202,750 |
| Total expenses and disbursements | $1,468,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $329,099 |
| 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 | $741,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $20,048,316 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $31,809 |
| Total assets | $21,150,224 |
| 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, Tom@feist Foundation has awarded $1,202,750 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SPEARVILLE RECREATION COMMISSION PURPOSE: SWIMMING POOL | $1,120,000 |
SPEARVILLE CITY OF WINDMILLS PURPOSE: COW FESTIVAL | $5,000 |
WINDTHORST HERITAGE INC PURPOSE: WATER DAMAGE REPAIRS | $12,750 |
SPEARVILLE TOWNSHIP LIBRARY PURPOSE: RENOVATION PROJECT | $50,000 |
ST JOHN THE BAPTIST CHURCH PURPOSE: NCYC CONFERENCE | $15,000 |