Sheila June Hewitt Charitable Trust
- Assets
- $3.0m
- Revenue
- $133.9k
- Investments
- $3.0m
- Employees
- 0
- Location
- Davenport, IA
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 38-7166439
Organization Overview
Sheila June Hewitt Charitable Trust is located in Davenport, IA. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Sheila June Hewitt 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, Sheila June Hewitt Charitable Trust generated $133.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $186.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sheila June Hewitt Charitable Trust has awarded 24 individual grants totaling $710,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $69,156 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $64,788 |
| Capital Gain Net Income | $64,788 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $133,944 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,155 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,644 |
| Total operating and administrative expenses | $36,072 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $186,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$97 |
| Savings and temporary cash investments | $34,096 |
| 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 | $2,191,785 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,042,213 |
| 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, Sheila June Hewitt Charitable Trust has awarded $150,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL SOCIETY DAUGHTER OF THE PURPOSE: GUARDIAN TRUST CAMPAIGN AND HISTORIC | $52,500 |
East Moline, IL PURPOSE: UNRESTRICTED USE AND PURPSES | $30,000 |
Moline, IL PURPOSE: UNRESTRICED USE AND PURPOSES | $30,000 |
DISABLED AMERICAN VETERANS PURPOSE: UNRESTRICTED USE AND PURPOSES | $15,000 |
SIMMSMANN - UCLA CENTER FOR PURPOSE: UNRESTRICTED USE AND PURPOSES | $15,000 |
PARKS AND RECREATION DEPARTMENT PURPOSE: CARE AND MAINT OF CEMETARIES | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |