Siemer Family Foundation

Analysis

Siemer Family Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Siemer Family Foundation reported income of $13.8m and spending of $16.3m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $13.8m (+257%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 630%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Siemer Family Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include University of Pittsburgh and Upmc Medical and Health Sciences FDN ($13.8m), Community Foundation of the Lowcountry Inc ($13.8m) and Jewish Community of Louisville Inc ($13.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $34.6m against liabilities of $1.9m, net assets of $32.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.