Alice Busch Gronewaldt Foundation Inc
- Assets
- $7.1m
- Revenue
- -$38.3k
- Investments
- $6.8m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 05/1991
- Data as of
- 12/2022
- EIN
- 65-0212289
Organization Overview
Alice Busch Gronewaldt Foundation Inc is located in West Palm Beach, FL. The organization was established in 1991. 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. Alice Busch Gronewaldt 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.
Since 2014, Alice Busch Gronewaldt Foundation Inc has awarded 341 individual grants totaling $5,135,589. 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 |
|---|---|---|---|
Louis B Hager Jr President | 0 | $0 | |
Mary Thomas Director | 0 | $0 | |
Alice Holbrook Director | 0 | $0 | |
Andrew Regan Director/secretary | 0 | $0 | |
Manley Caldwell Assistant Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $275 |
| Dividends & Interest | $49,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$115,129 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,796 |
| Total Revenue | -$38,331 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40,554 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$26,511 |
| Total operating and administrative expenses | $90,823 |
| Contributions, gifts, grants paid | $461,960 |
| Total expenses and disbursements | $552,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $269,660 |
| 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 | $4,636,764 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,350 |
| Total assets | $7,076,372 |
| 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, Alice Busch Gronewaldt Foundation Inc has awarded $461,960 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
AVON OLD FARMS SCHOOL PURPOSE: GENERAL FUND | $1,000 |
DARBSTER FOUNDATION PURPOSE: IN RECOGNITION OF TRICIA QUICK DARBSTER | $5,000 |
BOYS & GIRLS CLUB OF PALM BEACH PURPOSE: TO SPONSOR 2022 TOWER SHOOT | $5,000 |
FAMILY CENTERS INC PURPOSE: GENERAL FUND | $15,000 |
FENIMORE ART MUSEUM PURPOSE: IN SUPPORT OF GALA | $5,000 |
FAMILY CENTERS INC PURPOSE: GENERAL FUND | $12,000 |