Melitta S And Joan M Pick Charitable Trust
- Assets
- $67.5m
- Revenue
- $3.5m
- Investments
- $58.7m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 11/1972
- Data as of
- 01/2024
- EIN
- 23-7243490
Organization Overview
Melitta S And Joan M Pick Charitable Trust is located in Milwaukee, WI. The organization was established in 1972. 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. Melitta S And Joan M Pick Charitable Trust 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 01/2024, Melitta S And Joan M Pick Charitable Trust generated $3.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $5.0m during the year ending 01/2024. While expenses have increased by 4.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Melitta S And Joan M Pick Charitable Trust has awarded 49 individual grants totaling $14,649,350. 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 |
|---|---|---|---|
George A Dionisopoulos Trustee | 1 | $0 | |
Jason J Kohout Trustee | 1 | $0 | |
Foley Lardner Llp 0 | 0 | $237,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $315,898 |
| Dividends & Interest | $1,487,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,697,758 |
| Capital Gain Net Income | $1,697,758 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $32,278 |
| Total Revenue | $3,533,776 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $237,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47,858 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,741 |
| Total operating and administrative expenses | $638,660 |
| Contributions, gifts, grants paid | $4,333,333 |
| Total expenses and disbursements | $4,971,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,932,184 |
| 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 | $4,936,658 |
| Total assets | $67,523,610 |
| 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, Melitta S And Joan M Pick Charitable Trust has awarded $0 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE STREET MINISTRY INC PURPOSE: TO HELP KEEP SHECHEM AT HOPE STREET UP AND RUNNING, PROVIDING A SPACE FOR MEN, WOMEN AND CHILDREN. | $0 |
BIG BROTHERS BIG SISTERS WI SHORELINE PURPOSE: PILOT SOCIAL AND EMOTIONAL LEARNING CURRICULUM, DEVELOP AND FACILITATE PARENT AND FAMILY ENGAGEMENT AND DONOR RECRUITMENT. | $0 |
A MILLION DREAMZ PURPOSE: EXPANSION OF CHILDCARE CENTER. | $0 |
MILWAUKEE INST OF ART & DESIGN PURPOSE: DIGITAL EQUITY FUND. | $0 |
HUMANE SOCIETY OF SHEBOYGAN COUNTY PURPOSE: HEALTH AND WELLNESS FUND TO SUPPORT ANIMALS THAT NEED ADDITIONAL MEDICAL TREATMENT AND CARE. | $0 |
MILWAUKEE INST OF ART & DESIGN PURPOSE: STUDENT HOUSING SCHOLARSHIPS. | $0 |