Louis & Temple Marsch Charitable Trust is located in Milwaukee, WI. The organization was established in 1981. 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. Louis & Temple Marsch 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 06/2023, Louis & Temple Marsch Charitable Trust generated $29.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $44.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,905 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,152 |
| Capital Gain Net Income | $4,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23 |
| Total Revenue | $29,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,118 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $121 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $14,254 |
| Contributions, gifts, grants paid | $29,800 |
| Total expenses and disbursements | $44,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,801 |
| 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 | $804,039 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $837,840 |
| 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 |
Over the last fiscal year, Louis & Temple Marsch Charitable Trust has awarded $29,800 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NORTH CAROLINA PURPOSE: SCHOLARSHIP | $500 |
MISSISSIPPI STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $1,000 |
ILLINOIS STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $1,000 |
ILLINOIS COLLEGE PURPOSE: SCHOLARSHIP | $2,000 |
FLORIDA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $500 |
UNIVERSITY OF IOWA PURPOSE: SCHOLARSHIP | $500 |