Kretzmer Family Charitable Foundation Inc
- Assets
- $17.1k
- Revenue
- $1.3m
- Investments
- $10.4k
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 82-5458678
Organization Overview
Kretzmer Family Charitable Foundation Inc is located in Sarasota, FL. The organization was established in 2019. 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. Kretzmer Family 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 12/2023, Kretzmer Family Charitable Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $924.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Kretzmer Family Charitable Foundation Inc has awarded 171 individual grants totaling $4,905,470. 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 |
|---|---|---|---|
Ernest R Kretzmer President | 20 | $0 | |
Peter E Kretzmer Treasurer | 2 | $0 | |
Wendy L Manto Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $991,696 |
| Interest on Savings | $0 |
| Dividends & Interest | $434 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $324,562 |
| Capital Gain Net Income | $324,562 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,316,692 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,153 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $434 |
| Total operating and administrative expenses | $9,387 |
| Contributions, gifts, grants paid | $915,200 |
| Total expenses and disbursements | $924,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,724 |
| 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 | $17,087 |
| 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, Kretzmer Family Charitable Foundation Inc has awarded $915,200 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
SARASOTA BALLET OF FLORIDA INC PURPOSE: DANCERS SUPPORT | $100,000 |
ALL FAITHS FOOD BANK PURPOSE: GENERAL SUPPORT | $1,000 |
AMERICAN JEWISH COMMITTEE AJC PURPOSE: GENERAL/ANTISEMITISM | $54,000 |
AVIVA PURPOSE: SENIOR SUPPORT | $15,000 |
CHORAL ARTISTS OF SARASOTA PURPOSE: MUSIC SUPPORT | $15,000 |
DISABLED AMERICAN VETERANS PURPOSE: VETERAN SUPPORT | $200 |