Probst Fam Foundation
- Assets
- $7.6m
- Revenue
- $92.6k
- Investments
- $6.6m
- Employees
- 0
- Location
- Hillsborough, CA
- Founding
- 07/2004
- Data as of
- 07/2024
- EIN
- 91-6566886
Organization Overview
Probst Fam Foundation is located in Hillsborough, CA. The organization was established in 2004. 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. Probst Fam 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 07/2024, Probst Fam Foundation generated $92.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $424.5k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Probst Fam Foundation has awarded 44 individual grants totaling $2,011,181. 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 |
|---|---|---|---|
Lawrence F Probst III Trustee | 1 | $0 | |
Nancy K Probst Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $92,639 |
| 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 | $92,639 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $846 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $36,321 |
| Contributions, gifts, grants paid | $388,184 |
| Total expenses and disbursements | $424,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,032,853 |
| 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 | $7,643,693 |
| 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, Probst Fam Foundation has awarded $388,184 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE LIAHONA MOTU FOUNDATION PURPOSE: TO EMPOWER HIGH SCHOOL STUDENTS TO STRIVE FOR GREATNESS | $9,324 |
MILLS-PENINSULA HOSPITAL FOUNDATION PURPOSE: TO SERVE THE COMMUNITY BY ENCOURAGING FINANCIAL SUPPORT FOR QUALITY HEALTH CARE | $9,324 |
UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE PURPOSE: TO GENERATE SUPPORT FOR THE BENEFIT OF THE USOPC AND ITS ATHELETES | $161,672 |
V FOUNDATION PURPOSE: TO SUPPORT CANCER RESEARCH | $207,864 |