George And Laura Kreitzberg Foundation
- Assets
- $19.9k
- Revenue
- $2.2k
- Investments
- $19.5k
- Employees
- 0
- Location
- Salem, OR
- Founding
- 02/1999
- Data as of
- 12/2022
- EIN
- 93-1248893
Organization Overview
George And Laura Kreitzberg Foundation is located in Salem, OR. The organization was established in 1999. 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. George And Laura Kreitzberg 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, George And Laura Kreitzberg Foundation generated $2.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (37.5%) each year. All expenses for the organization totaled $32.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, George And Laura Kreitzberg Foundation has awarded 116 individual grants totaling $173,840. 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 |
|---|---|---|---|
Mari Bailey President | 0.5 | $0 | |
James D Kreitzberg Secretary | 0 | $0 | |
Patricia A Thompson Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,150 |
| 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 | $2,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,688 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $4,463 |
| Contributions, gifts, grants paid | $28,000 |
| Total expenses and disbursements | $32,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377 |
| 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 | $19,877 |
| 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 | $50,349 |
| Other liabilities | $0 |
| Total liabilities | $50,349 |
Grants Awarded
Over the last fiscal year, George And Laura Kreitzberg Foundation has awarded $28,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
UNION GOSPEL MISSION PURPOSE: PROVIDE THE HOMELESS WITH FOOD, CLOTHING AND SHELTER | $500 |
MULTIPLE SCLEROSIS FOUNDATION PURPOSE: PROVIDE SERVICES TO THOSE AFFECTED BY MULTIPLE SCLEROSIS | $300 |
BOYS & GIRLS CLUB OF SALEM PURPOSE: EDUCATION PROGRAMS | $2,000 |
BENEDICTINE FOUNDATION OF OREGON PURPOSE: SERVES THE NEEDS OF SENIOR SISTERS WITH SPECIAL NEEDS | $300 |
SALEM HEALTH FOUNDATION PURPOSE: PROVIDES FINANCIALASSISTANCE TO WILLAMETTEVALLEY FAMILIES FOR DAYTO-DAY LIVING EXPENSESWHILE RECEIVING CANCERTREATMENT. | $500 |
FRIENDS OF PIMPOLLO PURPOSE: SUPPORT OF POOR MEXICAN CHILDREN. | $3,000 |