Margaret Mudd Fletcher Charitable Foundation
- Assets
- $1.1m
- Revenue
- $59.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 11/2004
- Data as of
- 03/2024
- EIN
- 20-1204002
Organization Overview
Margaret Mudd Fletcher Charitable Foundation is located in Milwaukee, WI. The organization was established in 2004. 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. Margaret Mudd Fletcher Charitable 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 03/2024, Margaret Mudd Fletcher Charitable Foundation generated $59.5k 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 (17.8%) each year. All expenses for the organization totaled $86.0k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Margaret Mudd Fletcher Charitable Foundation has awarded 303 individual grants totaling $539,275. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,296 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,821 |
| Capital Gain Net Income | $28,821 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $377 |
| Total Revenue | $59,494 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,341 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $637 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $22,478 |
| Contributions, gifts, grants paid | $63,500 |
| Total expenses and disbursements | $85,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,866 |
| 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 | $1,070,636 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,097,502 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Margaret Mudd Fletcher Charitable Foundation has awarded $63,500 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
BACKSTOPPERS PURPOSE: GENERAL OPERATING | $600 |
CORNERSTONE CENTER PURPOSE: GENERAL OPERATING | $2,500 |
CAPUCHIN FRIARS ST AUGUSTINE PURPOSE: GENERAL OPERATING | $500 |
OUR LADY'S INN PURPOSE: GENERAL OPERATING | $600 |
COVERING HOUSE PURPOSE: GENERAL OPERATING | $1,700 |
ST AUGUSTINE CHURCH PURPOSE: GENERAL OPERATING | $4,000 |