Kerscher Family Foundation
- Assets
- $1.2m
- Revenue
- $287.9k
- Investments
- $997.9k
- Employees
- 0
- Location
- Stow, OH
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-3923436
Organization Overview
Kerscher Family Foundation is located in Stow, 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. Kerscher Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Kerscher Family Foundation has awarded 72 individual grants totaling $2,272,657. 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 |
|---|---|---|---|
Barbara F Kerscher President | 1 | $0 | |
Kelley Engle Treasurer | 1 | $300 | |
Laurie Zapp Secretary | 1 | $0 | |
Steven Kerscher Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $254,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,126 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,780 |
| Capital Gain Net Income | $3,738 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $287,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,934 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $268 |
| Total operating and administrative expenses | $2,502 |
| Contributions, gifts, grants paid | $83,223 |
| Total expenses and disbursements | $85,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,039 |
| Savings and temporary cash investments | $0 |
| 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 | $997,859 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,215,898 |
| 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, Kerscher Family Foundation has awarded $83,223 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BLUFFTON SELF HELP PURPOSE: GENERAL OPERATING FUNDS FOR EXEMPT PURPOSE | $5,000 |
CLEVELAND CLINIC FOUNDATION PURPOSE: GRANT FOR PROSTATE CANCER RESEARCH, INDIVIDUAL DOCTORS, STEP FUND, AND THE COWAN FAMILY LIVER FUND. | $20,000 |
OHIO NORTHERN UNIVERSITY PURPOSE: GENERAL OPERATING FUNDS FOR EXEMPT PURPOSE | $3,223 |
THE CELIAC AND ALLERGY FRIENDLY FOOD INITIATIVE PURPOSE: GENERAL OPERATING FUNDS FOR EXEMPT PURPOSE | $10,000 |
TRANS WORLD RADIO PURPOSE: GENERAL OPERATING FUNDS FOR EXEMPT PURPOSES | $5,000 |
VILLA ANGELA-ST JOSEPH HIGH SCHOOL PURPOSE: GENERAL OPERATING FUNDS FOR EXEMPT PURPOSE | $5,000 |