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Sussen Foundation is a private corporation based in PALM BCH GDNS, FL. The foundation received its IRS ruling in 1989. It holds total assets of $527K. Annual income is reported at $530K. Total assets have decreased from $447K in 2011 to $97K in 2023. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Ohio. According to available records, Sussen Foundation has made 39 grants totaling $130K, with a median grant of $2K. Annual giving has decreased from $50K in 2021 to $30K in 2023. Grantmaking activity was highest in 2022 with $50K distributed across 17 grants. Individual grants have ranged from N/A to $20K, with an average award of $3K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Ohio, Minnesota, Florida, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$4K
Largest Grant
$13K
Based on 13 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.
Sussen Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in OH, MN, FL.
Sussen Foundation has distributed a total of $130K across 39 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from N/A to $20K.
Sussen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sussen Foundation is headquartered in PALM BCH GDNS, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel C Sussen Sr | OFFICER | $0 | $0 | N/A |
| Lois N Sussen | OFFICER | $0 | $0 | N/A |
| Margaret S Gift | OFFICER | $0 | $0 | N/A |
| Daniel C Sussen Jr | OFFICER | $0 | $0 | N/A |
| Peter K Sussen | OFFICER | $0 | $0 | N/A |
Total Giving
$54K
Total Assets
$97K
Fair Market Value
$581K
Net Worth
$97K
Grants Paid
$30K
Contributions
$62K
Net Investment Income
$9K
Distribution Amount
$30K
Total: $26K
Total Grants
39
Total Giving
$130K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
25
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cleveland Clinic FoundationCHARITABLE | Cleveland, OH | $20K | 2023 |
| Divine Word Catholic ChurchCHARITABLE | Kirtland, OH | $3K | 2023 |
| Catholic CharitiesCHARITABLE | Cleveland, OH | $3K | 2023 |
| Blue Coats IncCHARITABLE | Cleveland, OH | $1K | 2023 |
| Palm Beach Bishop RelievCHARITABLE | Palm Beach Gardens, FL | $1K | 2023 |
| Hopewell Therapeutic FarmCHARITABLE | Middlefield, OH | $1K | 2023 |
| Village Of Waite HillCHARITABLE | Waite Hill, OH | $300 | 2023 |
| Hazelden Betty Ford FoundationCHARITABLE | St Paul, MN | $12K | 2022 |
| Laurel SchoolEDUCATIONAL | Shaker Hts, OH | $7K | 2022 |
| Playhouse Square FoundationCHARITABLE | Cleveland, OH | $6K | 2022 |
| Catheral Of St Ignatius LoyolaCHARITABLE | Palm Beach Gardens, FL | $3K | 2022 |
| Boys Hope Girls HopeCHARITABLE | Garfield Hts, OH | $2K | 2022 |
| Midtown ClevelandCHARITABLE | Cleveland, OH | $2K | 2022 |
| Holden Forest & GardensCHARITABLE | Kirtland, OH | $2K | 2022 |
| Usa Midwest JesuitsCHARITABLE | Chicago, IL | $1K | 2022 |
| Cleveland Museum Of ArtCHARITABLE | Cleveland, OH | $1K | 2022 |
| Shriners Children'S HospitalCHARITABLE | Tampa, FL | $1K | 2022 |
| The City MissionCHARITABLE | Cleveland, OH | $1K | 2022 |
| Wounded Warrior ProjectCHARITABLE | Jacksonville, FL | $500 | 2022 |
| United Way Of Lake CountyCHARITABLE | Mentor, OH | $500 | 2022 |
| John Carroll UniversityEDUCATIONAL | University Hts, OH | $10K | 2021 |
| Cleveland Institute Of ArtCHARITABLE | Cleveland, OH | $4K | 2021 |
| Palm Beach Bishop ReliefCHARITABLE | Palm Beach Gardens, FL | $2K | 2021 |
| Two FoundationCHARITABLE | Chagrin Falls, OH | $500 | 2021 |
| Mayo ClinicCHARITABLE | Rochester, MN | N/A | 2021 |