Mary Iva Gittins Knouse Trust
- Assets
- $494.7k
- Revenue
- $90.9k
- Investments
- $488.4k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 01/1900
- Data as of
- 11/2023
- EIN
- 42-6057587
Organization Overview
Mary Iva Gittins Knouse Trust is located in Milwaukee, WI. The organization was established in 1900. 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.
For the year ending 11/2023, Mary Iva Gittins Knouse Trust generated $90.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $27.4k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mary Iva Gittins Knouse Trust has awarded 138 individual grants totaling $188,134. 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 | $14,692 |
| Net Rental Income | -$30 |
| Net Gain on Sale of Assets | $76,214 |
| Capital Gain Net Income | $76,214 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5 |
| Total Revenue | $90,911 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,241 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $15,331 |
| Contributions, gifts, grants paid | $12,035 |
| Total expenses and disbursements | $27,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,289 |
| 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 | $337,490 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $494,686 |
| 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, Mary Iva Gittins Knouse Trust has awarded $38,048 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
PROGRESSIVE BAPTIST CHURCH PURPOSE: GENERAL OPERATING | $500 |
NORTH SCOTT PRESS PURPOSE: GENERAL OPERATIONS | $28 |
TAPESTRY FARMS PURPOSE: GENERAL OPERATING | $1,000 |
GIRL SCOUTS EASTERN IA & WESTERN IL PURPOSE: GENERAL OPERATING | $750 |
UNITY HOUSE OF DAVENPORT INC PURPOSE: GENERAL OPERATING | $4,000 |
MARRIAGE & FAMILY COUNSELING SERVICE PURPOSE: GENERAL OPERATING | $3,600 |