Suter Family Heritage Foundation is located in St Louis, MO. The organization was established in 2020. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Suter Family Heritage 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, Suter Family Heritage Foundation generated $13.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (30.5%) each year. All expenses for the organization totaled $6.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE PURPOSE OF MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Suter President - Director | 1 | $0 | |
Deborah Suter Vice-President - Director | 1 | $0 | |
Clayton Suter Treasurer - Director | 1 | $0 | |
Rachel A Jeep Secretary | 1 | $0 | |
Kristin Suter Director | 1 | $0 | |
Shannon Suter-Nienkemper Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,975 |
| Interest on Savings | $1 |
| Dividends & Interest | $1,631 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $574 |
| Capital Gain Net Income | $574 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,026 |
| Contributions, gifts, grants paid | $4,500 |
| Total expenses and disbursements | $6,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,346 |
| 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 | $96,016 |
| Accounts payable and accrued expenses | $25 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $40,967 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $40,992 |
Over the last fiscal year, Suter Family Heritage Foundation has awarded $4,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHNS UNITED CHURCH OF CHRIST PURPOSE: TO SUPPORT THE NEEDS OF THE ST. JOHNS UNITED CHURCH OF CHRIST. | $1,500 |
GREAT CIRCLE PURPOSE: TO SUPPORT THE NEEDS OF GREAT CIRCLE. | $3,000 |