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John F. and Mary A. Geisse Foundation

Profile

Last Updated: 2016-02-07

At A Glance

John F. and Mary A. Geisse Foundation

(formerly The Geisse Foundation)

38050 Jackson Rd.

Chagrin Falls, OH United States 44022-2025

Telephone: 4405575078

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $10,611,980

Total giving: $1,161,737

EIN

237049780

BRIDGE Number

3657261088

Background

Established in 1969 in MO - Founded by John F. and Mary A. Geisse. The late John F. Geisse was the founder of The Wholesale Club, Inc. (now a division of Wal-Mart Stores, Inc.) and of Venture Stores, Inc., formerly a division of May Department Stores, Inc., and he was also a co-founder of Target Stores. The foundation is funded exclusively by contributions from John F. and Mary A. Geisse.

Purpose and Activities

Giving for economic development in the developing world, rural development, and water development.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made PRIs to encourage lending in underprivileged or underserved areas, to create a loan fund for Latin American microlending programs, and to capitalize a microcredit banks and funds.

Fields of Interest

Subjects
  • International development
  • International relations
  • Public affairs
International Interests
  • Central America
  • Developing Countries
Population Groups
  • Academics
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $10,611,980 (market value)

Expenditures: $1,273,648

Total giving: $1,161,737

Qualifying distributions: $1,206,895