George A Ohl Jr Trust Nect
- Assets
- $3.6m
- Revenue
- $320.6k
- Investments
- $3.3m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 10/1982
- Data as of
- 12/2021
- EIN
- 22-6024900
Organization Overview
George A Ohl Jr Trust Nect is located in Las Vegas, NV. The organization was established in 1982. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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.
For the year ending 12/2021, George A Ohl Jr Trust Nect generated $320.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $294.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, George A Ohl Jr Trust Nect has awarded 123 individual grants totaling $720,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wells Fargo Bank N A Trustee | 1 | $64,683 | |
Hans Dekker Co-Trustee | 4 | $12,936 | |
Bernard S Berkowitz Co-Trustee | 4 | $12,936 | |
Gene R Korf ESQ Co-Trustee | 4 | $12,936 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $95,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $222,927 |
| Capital Gain Net Income | $222,927 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,035 |
| Total Revenue | $320,636 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $103,491 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,291 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,907 |
| Total operating and administrative expenses | $111,777 |
| Contributions, gifts, grants paid | $182,500 |
| Total expenses and disbursements | $294,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $270,004 |
| 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 | $0 |
| Total assets | $3,599,424 |
| 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, George A Ohl Jr Trust Nect has awarded $182,500 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
COURT APPOINTED SPECIAL ADVOCATES O PURPOSE: GENERAL OPERATING | $12,500 |
Bloomfield, NJ PURPOSE: GENERAL OPERATING | $10,000 |
Wyckoff, NJ PURPOSE: GENERAL OPERATING | $10,000 |
Oceanside, NY PURPOSE: GENERAL OPERATING | $10,000 |
South Orange, NJ PURPOSE: GENERAL OPERATING | $7,500 |
ASAS NEWARK PURPOSE: GENERAL OPERATING | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandler Foundation San Francisco, CA | $672,162,748 | $40,866,490 |
Leonard & Beryl Buck Foundation Las Vegas, NV | $1,159,755,958 | $49,528,085 |
Anne Wojcicki Foundation Los Altos, CA | $0 | $168,879,733 |
Hollywood Foreign Press Association West Hollywood, CA | $72,579,265 | $17,312,742 |
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |