Ben J Altheimer Charitable Foundation Inc
- Assets
- $329.0k
- Revenue
- $172.1k
- Investments
- $145.4k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 07/1995
- Data as of
- 12/2022
- EIN
- 71-0769229
Organization Overview
Ben J Altheimer Charitable Foundation Inc is located in Little Rock, AR. The organization was established in 1995. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Ben J Altheimer Charitable 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, Ben J Altheimer Charitable Foundation Inc generated $172.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $218.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ben J Altheimer Charitable Foundation Inc has awarded 38 individual grants totaling $519,613. 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 |
|---|---|---|---|
John S Selig Pres - Sec- Tres | 10 | $5,000 | |
Michael J Selig V-Pres | 10 | $5,000 | |
Leah Elenzweig Director | 10 | $5,000 | |
Barry A Lubin Director | 10 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,452 |
| Dividends & Interest | $11,419 |
| Net Rental Income | $12,506 |
| Net Gain on Sale of Assets | $143,022 |
| Capital Gain Net Income | $143,022 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $172,118 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,285 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,434 |
| Total operating and administrative expenses | $35,339 |
| Contributions, gifts, grants paid | $183,500 |
| Total expenses and disbursements | $218,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,251 |
| Savings and temporary cash investments | $169,337 |
| 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 | $145,403 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $328,991 |
| 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, Ben J Altheimer Charitable Foundation Inc has awarded $183,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS FOOD BANK PURPOSE: COMMUNITY ASSISTANCE | $10,000 |
ARKANSAS STATE UNIVERSITY JONESBORO PURPOSE: EDUCATIONAL PROGRAMS | $2,000 |
CARTI FOUNDATION PURPOSE: PATIENT ASSISTANCE PROGRAMS | $15,000 |
CITY OF ALTHEIMER PURPOSE: COMMUNITY ASSISTANCE | $12,600 |
UNIVERSITY OF ARKANSAS AT PINE BLUFF PURPOSE: SCHOLARSHIPS | $2,000 |
QUAPAW AREA COUNCIL PURPOSE: EDUCATIONAL PROGRAMS | $5,000 |