Leonhard E Baak Charitable Trust is located in Sioux City, IA. The organization was established in 0000.
For the year ending 12/2022, Leonhard E Baak Charitable Trust generated $91.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $198.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Leonhard E Baak Charitable Trust has awarded 16 individual grants totaling $1,259,414. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26 |
| Dividends & Interest | $43,123 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,781 |
| Capital Gain Net Income | $2,781 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $90,975 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,818 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,111 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,047 |
| Total operating and administrative expenses | $33,816 |
| Contributions, gifts, grants paid | $165,001 |
| Total expenses and disbursements | $198,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $102,279 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,200,800 |
| Other assets | $0 |
| Total assets | $2,929,567 |
| 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, Leonhard E Baak Charitable Trust has awarded $165,001 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF COLORADO PURPOSE: SCHOLARSHIP | $82,500 |
INTERNATIONAL LUTHERAN LAYMEN'S LEAGUE PURPOSE: MINISTRY | $82,501 |