Carolyn S And Donald F Obrecht Foundation
- Assets
- $6.5m
- Revenue
- $1.1m
- Investments
- $4.5m
- Employees
- 0
- Location
- Baldwin, MD
- Founding
- 02/1990
- Data as of
- 12/2022
- EIN
- 52-6415869
Organization Overview
Carolyn S And Donald F Obrecht Foundation is located in Baldwin, MD. The organization was established in 1990. 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. Carolyn S And Donald F Obrecht 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, Carolyn S And Donald F Obrecht Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 43.1% each year . All expenses for the organization totaled $499.0k during the year ending 12/2022. While expenses have increased by 19.6% per year over the past 8 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.
Since 2015, Carolyn S And Donald F Obrecht Foundation has awarded 160 individual grants totaling $1,969,030. 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
FOUNDATION GIVES CONTRIBUTIONS TO OTHER TAX-EXEMPT ORGANIZATIONS WHO ARE INVOLVED IN DIRECT ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David F Gonano Trustee | 2 | $5,000 | |
Catherine Padgett Obrecht Kimmick Trustee | 0 | $0 | |
Donald F Obrecht Jr Trustee | 0 | $0 | |
Carolyn Obrecht Snyder Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $934,450 |
| Interest on Savings | $10,967 |
| Dividends & Interest | $114,726 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,093 |
| Capital Gain Net Income | $22,093 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,082,236 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,286 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,201 |
| Total operating and administrative expenses | $45,247 |
| Contributions, gifts, grants paid | $453,800 |
| Total expenses and disbursements | $499,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,010,442 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,489,221 |
| 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, Carolyn S And Donald F Obrecht Foundation has awarded $453,800 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Durango, CO PURPOSE: ANIMAL WELFARE-SPAY & NEUTER FERAL ANIMALS | $50,000 |
THE ST PAUL'S SCHOOL S PURPOSE: SCHOOL FUND | $50,000 |
BEEBE MEDICAL FDN PURPOSE: COMMUNITY HEALTHCARE CENTER FOR BREAST HEALTH | $50,000 |
THE BOYS LATIN SCHOOL OF MARYLAND PURPOSE: SCHOOL FUND | $40,000 |
IAM MUSIC INSTITUTE PURPOSE: MUSIC SERIES FOR YOUTH | $25,000 |
Durango, CO PURPOSE: ANIMAL WELFARE PET ADOPTION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |