Marie H Bechtel Charitable Trust
- Assets
- $48.7m
- Revenue
- $1.2m
- Investments
- $47.2m
- Employees
- 0
- Location
- Davenport, IA
- Founding
- 04/2010
- Data as of
- 12/2022
- EIN
- 26-0745711
Organization Overview
Marie H Bechtel Charitable Trust is located in Davenport, IA. The organization was established in 2010. 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. Marie H Bechtel 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 12/2022, Marie H Bechtel Charitable Trust generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Marie H Bechtel Charitable Trust has awarded 100 individual grants totaling $6,668,830. 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 |
|---|---|---|---|
Jeffrey S Bittner Trustee | 20 | $155,121 | |
Luci Oseland Vice President | 15 | $62,627 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $62,608 |
| Dividends & Interest | $807,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $148,192 |
| Capital Gain Net Income | $148,192 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $132,512 |
| Total Revenue | $1,150,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $217,748 |
| Other employee salaries and wages | $32,964 |
| Pension plans, employee benefits | -$23,801 |
| Interest | $22,089 |
| Taxes | $279,381 |
| Depreciation | $0 |
| Occupancy | $7,013 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,473 |
| Total operating and administrative expenses | $836,533 |
| Contributions, gifts, grants paid | $2,509,215 |
| Total expenses and disbursements | $3,345,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,361 |
| Savings and temporary cash investments | $373,112 |
| 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 | $500,000 |
| Net Land, buildings, and equipment | $151,055 |
| Other assets | $887,827 |
| Total assets | $48,721,172 |
| Accounts payable and accrued expenses | $31,729 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $339,762 |
| Other liabilities | $0 |
| Total liabilities | $371,491 |
Grants Awarded
Over the last fiscal year, Marie H Bechtel Charitable Trust has awarded $2,509,215 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Davenport, IA PURPOSE: PROJECT SUPPORT | $435,000 |
SCOTT COUNTY FAMILY Y PURPOSE: NEW FACILITY AND PROGRAM SUPPORT | $350,000 |
QUAD CITY CULTURAL TRUST PURPOSE: OPERATING SUPPORT | $200,000 |
CITY OF BETTENDORF PURPOSE: PROJECT SUPPORT | $150,000 |
Davenport, IA PURPOSE: PROJECT SUPPORT | $150,000 |
PUTNAM MUSEUM PURPOSE: PROJECT SUPPORT | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Herschend Family Entertainment Corporation Beneficiary Trust Branson, MO | $4,577,294 | $15,681,690 |
Allergan Foundation North Chicago, IL | $0 | $22,638,597 |
The Global Orphan Project Inc Kansas City, MO | $12,087,754 | $16,385,536 |
W N Reynolds Residuary Tr Nect Chicago, IL | $153,008,234 | $7,259,404 |
William F Vilas Estate Oregon, WI | $133,759,429 | $14,905,447 |
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Woodbourne Charitable Trust Plymouth, MN | $1,142,964 | $10,020,932 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
James M Stanton Foundation Bloomington, MN | $29,105,685 | $38,323,984 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
Cokato Charitable Trust Cokato, MN | $9,103,416 | $8,785,306 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |