Steinhart Foundation Inc is located in Nebraska City, NE. The organization was established in 1957. 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. Steinhart Foundation Inc 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, Steinhart Foundation Inc generated $330.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $717.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Steinhart Foundation Inc has awarded 167 individual grants totaling $2,604,181. 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
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John James President | 5 | $0 | |
Michael Harshman Vice-President | 5 | $0 | |
George Blazek Secretary-Treasurer | 5 | $0 | |
Deroy Harshman Trustee | 5 | $0 | |
Dennis Marshall Trustee | 5 | $0 | |
Henry Schwake Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $74,141 |
| Dividends & Interest | $174,590 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,079 |
| Capital Gain Net Income | $70,079 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,223 |
| Total Revenue | $330,033 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,725 |
| Depreciation | $0 |
| Occupancy | $2,345 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,747 |
| Total operating and administrative expenses | $123,776 |
| Contributions, gifts, grants paid | $593,550 |
| Total expenses and disbursements | $717,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,023 |
| Savings and temporary cash investments | $222,456 |
| 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 | $882,478 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $25,587 |
| Total assets | $5,892,584 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $135,000 |
| 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 | $135,000 |
Over the last fiscal year, Steinhart Foundation Inc has awarded $593,550 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF NEBRASKA CITY PURPOSE: PICKLE BALL | $55,650 |
CITY OF NEBRASKA CITY PURPOSE: OPERATING WILDWOOD | $17,500 |
CITY OF NEBRASKA CITY PURPOSE: TOBOGGAN RUN | $34,200 |
CIVIL WAR VETERANS MUSEUM PURPOSE: EXTERIOR PAIN | $5,000 |
DUNBAR VOLUNTEER FIRE DEPARTMENT PURPOSE: TANKER | $50,000 |
KEEP NEBRASKA CITY BEAUTIFUL PURPOSE: EAST ENTRANCE | $40,000 |