Fred W Rissing Charitable Trust 1120
- Assets
- $757.2k
- Revenue
- $45.4k
- Investments
- $730.1k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 37-6267906
Organization Overview
Fred W Rissing Charitable Trust 1120 is located in Las Vegas, NV. The organization was established in 2006. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fred W Rissing Charitable Trust 1120 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, Fred W Rissing Charitable Trust 1120 generated $45.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $105.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Fred W Rissing Charitable Trust 1120 has awarded 12 individual grants totaling $329,639. 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 | $23,429 |
| Net Rental Income | $23,995 |
| Net Gain on Sale of Assets | -$13,482 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,982 |
| Total Revenue | $45,365 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,496 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,456 |
| Total operating and administrative expenses | $18,007 |
| Contributions, gifts, grants paid | $86,992 |
| Total expenses and disbursements | $104,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469 |
| Savings and temporary cash investments | $26,603 |
| 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 | $730,114 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $757,186 |
| 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, Fred W Rissing Charitable Trust 1120 has awarded $86,992 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AUGUSTANA COLLEGE PURPOSE: GENERAL SUPPORT | $64,594 |
LUTHERAN SCHOOL OF THEOLOGY PURPOSE: GENERAL SUPPORT | $16,148 |
MESSIAH EVANGELICAL LUTHERAN CHURCH PURPOSE: GENERAL SUPPORT | $6,250 |