Margarete & Siegfried Eckhaus Charitable Remainder Unitrust
- Assets
- $542.2k
- Revenue
- $7.9k
- Investments
- $529.9k
- Employees
- 0
- Location
- Glen Allen, VA
- Founding
- 02/2007
- Data as of
- 12/2022
- EIN
- 20-6620889
Organization Overview
Margarete & Siegfried Eckhaus Charitable Remainder Unitrust is located in Glen Allen, VA. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Margarete & Siegfried Eckhaus Charitable Remainder Unitrust 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 12/2022, Margarete & Siegfried Eckhaus Charitable Remainder Unitrust generated $7.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $39.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Margarete & Siegfried Eckhaus Charitable Remainder Unitrust has awarded 37 individual grants totaling $165,781. 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 | $14,510 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,660 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,360 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,471 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,137 |
| Contributions, gifts, grants paid | $29,000 |
| Total expenses and disbursements | $39,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,202 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,104 |
| Total assets | $542,210 |
| 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, Margarete & Siegfried Eckhaus Charitable Remainder Unitrust has awarded $29,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
RICHMOND SYMPHONY PURPOSE: GENERAL NEEDS OF THE | $5,000 |
COMMUNITIES IN SCHOOLS PURPOSE: EDUCATION | $3,000 |
CHILD SAVERS PURPOSE: GENERAL NEEDS OF THE | $10,000 |
THE VISUAL ARTS CENTER PURPOSE: GENERAL NEEDS OF THE | $3,000 |
SPARC PURPOSE: GENERAL NEEDS OF THE | $3,000 |
RICHMOND BALLET PURPOSE: GENERAL NEEDS OF THE | $5,000 |