Glenn And Jane Fausz Family Foundation
- Assets
- $151.3k
- Revenue
- $31.8k
- Investments
- $138.1k
- Employees
- 0
- Location
- Sylvania, OH
- Founding
- 01/2020
- Data as of
- 12/2023
- EIN
- 84-2426464
Organization Overview
Glenn And Jane Fausz Family Foundation is located in Sylvania, OH. The organization was established in 2020. 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. Glenn And Jane Fausz Family 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, Glenn And Jane Fausz Family Foundation generated $31.8k 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 (11.4%) each year. All expenses for the organization totaled $18.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn R Fausz President | 0 | $0 | |
Jane Rae Fausz Vice Preside | 0 | $0 | |
Katherine M Pierce Asst Vice Pr | 0 | $0 | |
Robert A Fausz Secretary | 0 | $0 | |
Adrian T Soli Treasurer | 0 | $0 | |
Jonathan Soli Asst Secreta | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,180 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,491 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,883 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,788 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $119 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,494 |
| Total operating and administrative expenses | $4,513 |
| Contributions, gifts, grants paid | $13,710 |
| Total expenses and disbursements | $18,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294 |
| 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 | $12,901 |
| Other assets | $0 |
| Total assets | $151,276 |
| 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, Glenn And Jane Fausz Family Foundation has awarded $13,710 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BOULEVARD CHRUCH PURPOSE: OPERATIONAL SUPPORT | $3,350 |
BLUFF STREET VILLAGE PURPOSE: OPERATIONAL SUPPORT | $2,230 |
FAMILY HOUSE PURPOSE: SUPPORT HOMELESS FAMILIES | $700 |
HILLSDALE COLLEGE PURPOSE: OPERATIONAL SUPPORT | $600 |
JOY MINISTRIES PURPOSE: OPERATIONAL SUPPORT | $1,000 |
PREGNANCY CENTER OF GREATER TOLEDO PURPOSE: OPERATIONAL SUPPORT | $900 |