Denise & Michael Riebe Foundation Inc is located in Tampa, FL. The organization was established in 2018. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Denise & Michael Riebe 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 11/2023, Denise & Michael Riebe Foundation Inc generated $11.0k 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 (40.1%) each year. All expenses for the organization totaled $35.3k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Denise & Michael Riebe Foundation Inc has awarded 67 individual grants totaling $142,420. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Riebe President And Treasurer | 1 | $0 | |
Denise Riebe Vice President And Secretary | 2 | $0 | |
Barbara Sumner Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61 |
| Total operating and administrative expenses | $335 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $35,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,622 |
| 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 | $558,159 |
| 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 |
Over the last fiscal year, Denise & Michael Riebe Foundation Inc has awarded $35,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
RAILS TO TRAILS CONSERVANCY PURPOSE: CONSERVATION | $2,000 |
TAMPA MUSEUM OF ART PURPOSE: ARTS | $5,000 |
KALAMAZOO COLLEGE PURPOSE: EDUCATIONAL SUPPORT | $2,500 |
CENTRE FOR WOMEN PURPOSE: EDUCATION | $5,000 |
TAKE MAR PURPOSE: ENVIRONMENTAL | $2,000 |
CIVIL AIR PATROL PURPOSE: EMERGENCY SERVICES AEROSPACE EDUCATION | $2,500 |