Linnie E Dalbeck Memorial Foundation
- Assets
- $2.8m
- Revenue
- $96.4k
- Investments
- $2.5m
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 05/2000
- Data as of
- 12/2023
- EIN
- 65-6329977
Organization Overview
Linnie E Dalbeck Memorial Foundation is located in Sarasota, FL. The organization was established in 2000. 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. Linnie E Dalbeck Memorial 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, Linnie E Dalbeck Memorial Foundation generated $96.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $327.1k during the year ending 12/2023. While expenses have increased by 2.4% per year over the past 5 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 2020, Linnie E Dalbeck Memorial Foundation has awarded 52 individual grants totaling $983,400. 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 |
|---|---|---|---|
Wayne Seitlwood Seitl Anderson Pa Co-Trustee | 3 | $22,246 | |
Caldwell Trust Company Co-Trustee | 5 | $44,592 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $104,216 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,829 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $96,388 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,838 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,045 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $74,604 |
| Contributions, gifts, grants paid | $252,500 |
| Total expenses and disbursements | $327,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $300,198 |
| 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 | $6,255 |
| Total assets | $2,813,160 |
| 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, Linnie E Dalbeck Memorial Foundation has awarded $252,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: FIRE PREVENTION/ASSISTANCE OTHER | $20,000 |
ASOLO THEATRE INC PURPOSE: UNDERWRITING | $20,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: WINDOW UPGRADE | $10,000 |
FLORIDA SHERIFFS YOUTH RANCHES PURPOSE: MOBILE CAMP PROGRAM/HARMONY ON THE STREETS FOR 2023 | $7,500 |
MARIE SELBY BOTANICAL GARDENS PURPOSE: UNDERWRITING "YAHAI KUSAMA: A LETTER TO GEORGIA O'KEEFFE" | $10,000 |
MEALS ON WHEELS PURPOSE: CAPITAL FOR REDESIGN OF SPACE | $10,000 |