Joyce M Stielau And Herbert W Stielau Foundation is located in Pepper Pike, OH. The organization was established in 2015. 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. Joyce M Stielau And Herbert W Stielau 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 12/2023, Joyce M Stielau And Herbert W Stielau Foundation generated $513.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $413.6k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elton H Riemer CPA Director | 3 | $17,000 | |
James A Goldsmith Director | 3 | $17,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $144,188 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $369,633 |
| Capital Gain Net Income | $358,734 |
| Net ST Capital Gain | $358,734 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $513,821 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,424 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,835 |
| Total operating and administrative expenses | $116,459 |
| Contributions, gifts, grants paid | $297,100 |
| Total expenses and disbursements | $413,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,545 |
| Savings and temporary cash investments | $167,027 |
| 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 | $1,854,296 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,713,148 |
| 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, Joyce M Stielau And Herbert W Stielau Foundation has awarded $553,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND CLINIC HOSPITAL PURPOSE: TO RAISE MONEY FOR CANCER RESEARCH VIA A BIKE RIDE | $10,000 |
BOY SCOUTS OF AMERICA - GREATER CLEVELAND COUNCIL PURPOSE: THE GRANT IS TO BE USED TO SUPPORT THE ONGOING OPERATING EXPENSES OF THE URBAN NEIGHBORHOOD SCOUTING PROGRAM. THIS WILL SUPPORT 50 SCOUTS BY PROVIDING 80% OF THE $25.00 REGISTRATION FEE, UNIFORM, HANDBOOK, FOOD, OUTINGS AND WEEKLY SCOUT PROGRAM/MEETING | $10,000 |
CLEVELAND ANIMAL PROTECTIVE LEAGUE PURPOSE: TO SUPPORT ANIMAL CARE AND RESCUE PROGRAMS | $5,000 |
CUYAHOGA COMMUNITY COLLEGE FOUNDATION PURPOSE: TO PROVIDE A SCHOLARSHIP TO A FIRST & SECOND YEAR NURSING STUDENT | $44,000 |
CUYAHOGA COUNTY PUBLIC LIBRARY PURPOSE: TO SUPPORT THE LIBRARY'S STORYTIME ROOMS IN BRANCHES AS PART OF THE LIBRARY'S "BEYOND BRICKS & BOOKS" CAPITAL CAMPAIGN. | $20,000 |
IDEASTREAM PURPOSE: TO PROVIDE FUNDING FOR TWO SEPARATE "CHALLENGE GRANTS" DURING THE NEXT ON THE AIR PLEDGE DRIVES FOR WCPN & WCLV, THE IDEASTREAM PUBLIC RADIO STATIONS IN GREATER CLEVELAND ...TO MAKE PUBLIC MEDIA BETTER AND LONG LASTING IN NORTHEAST OHIO. | $10,000 |