//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mobel Foundation Inc. is a private corporation based in FERDINAND, IN. The foundation received its IRS ruling in 2001. The principal officer is Paul A Ruhe. It holds total assets of $1.5M. Annual income is reported at $598K. Total assets have grown from $631K in 2010 to $1.5M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Indiana. According to available records, Mobel Foundation Inc. has made 8 grants totaling $236K, with a median grant of $23K. The foundation has distributed between $73K and $85K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $85K distributed across 3 grants. Individual grants have ranged from $3K to $70K, with an average award of $29K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$9K
Median Grant
$26K
Average Grant
$28K
Largest Grant
$50K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Mobel Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IN.
Mobel Foundation Inc. has distributed a total of $236K across 8 grants. The median grant size is $23K, with an average of $29K. Individual grants have ranged from $3K to $70K.
Mobel Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. Applicant must be a 501(c)(3) charitable organization located within dubois county, indiana, or the southwestern indiana area.
Mobel Foundation Inc. is headquartered in FERDINAND, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Francis J Schipp | DIRECTOR | $0 | $0 | N/A |
| Paul A Ruhe | DIRECTOR | $0 | $0 | N/A |
| Phillip A Ruhe | DIRECTOR | $0 | $0 | N/A |
| Stanley J Ruhe | DIRECTOR | $0 | $0 | N/A |
| Kenneth J Lamkin | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.5M
Fair Market Value
N/A
Net Worth
$1.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$236K
Average Grant
$29K
Median Grant
$23K
Unique Recipients
7
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ferdinand Volunteer Fire DepartmentGENERAL | Ferdinand, IN | $38K | 2023 |
| Ferdinand American LegionGENERAL | Ferdinand, IN | $20K | 2023 |
| Ferdinand Town Police DepartmentGENERAL | Ferdinand, IN | $20K | 2023 |
| Ferdinand Park & Rec DeptGENERAL | Ferdinand, IN | $50K | 2022 |
| Southwest Dubois County School EndowmentGENERAL | Ferdinand, IN | $26K | 2022 |
| Christ The King ParishGENERAL | Ferdinand, IN | $9K | 2022 |
| Ferdinand Community CenterGENERAL | Ferdinand, IN | $70K | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN