Aaron & Gertrude Karchmer Memorial Foundation
- Assets
- $215.0k
- Revenue
- $18.2k
- Investments
- $204.4k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 73-1463604
Organization Overview
Aaron & Gertrude Karchmer Memorial Foundation is located in Oklahoma City, OK. The organization was established in 1997. 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. Aaron & Gertrude Karchmer 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 12/2022, Aaron & Gertrude Karchmer Memorial Foundation generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $360.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Aaron & Gertrude Karchmer Memorial Foundation has awarded 178 individual grants totaling $1,381,187. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don A Karchmer Pres/treas | 4 | $0 | |
Tere Bond Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,770 |
| Interest on Savings | $1 |
| Dividends & Interest | $8,474 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $71,120 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $146 |
| Taxes | $19 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,846 |
| Contributions, gifts, grants paid | $357,180 |
| Total expenses and disbursements | $360,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,591 |
| Savings and temporary cash investments | $0 |
| 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 | $215,010 |
| 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, Aaron & Gertrude Karchmer Memorial Foundation has awarded $357,180 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
SPECIAL CARE PURPOSE: CHARITY | $150,000 |
MYRIAD GARDENS FOUNDATION PURPOSE: CHARITY | $25,600 |
ALLIED ARTS PURPOSE: CHARITY | $1,500 |
OKC BEAUTIFUL PURPOSE: CHARITY | $1,800 |
TEMPLE BNAI ISRAEL FOUNDATION PURPOSE: CHARITY | $500 |
OKLAHOMA SENIOR FOLLIES PURPOSE: CHARITY | $1,000 |