Katherine W And Frances G Phelps Trust
- Assets
- $676.8k
- Revenue
- $51.3k
- Investments
- $656.9k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1994
- Data as of
- 12/2022
- EIN
- 42-6185784
Organization Overview
Katherine W And Frances G Phelps Trust is located in Milwaukee, WI. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Katherine W And Frances G Phelps 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, Katherine W And Frances G Phelps Trust generated $51.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $50.1k during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Katherine W And Frances G Phelps Trust has awarded 15 individual grants totaling $164,431. 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 | $21,921 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,401 |
| Capital Gain Net Income | $29,401 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8 |
| Total Revenue | $51,330 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,780 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,135 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,665 |
| Contributions, gifts, grants paid | $36,416 |
| Total expenses and disbursements | $50,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293 |
| Savings and temporary cash investments | $18,882 |
| 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 | $446,920 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $699 |
| Total assets | $676,797 |
| 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, Katherine W And Frances G Phelps Trust has awarded $36,416 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BURLINGTON AREA YMCA INC PURPOSE: GENERAL OPERATING | $13,656 |
GREAT RIVER MEDICAL CENTER PURPOSE: GENERAL OPERATING | $4,552 |
CHRIST EPISCOPAL CHURCH PURPOSE: GENERAL OPERATING | $18,208 |