Fruin-Colnon Foundation Trust
- Assets
- $715.2k
- Revenue
- $24.3k
- Investments
- $689.4k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1950
- Data as of
- 12/2022
- EIN
- 43-6020406
Organization Overview
Fruin-Colnon Foundation Trust is located in Milwaukee, WI. The organization was established in 1950. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Fruin-Colnon Foundation 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, Fruin-Colnon Foundation Trust generated $24.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $67.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fruin-Colnon Foundation Trust has awarded 99 individual grants totaling $248,881. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,040 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,254 |
| Capital Gain Net Income | $6,254 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30 |
| Total Revenue | $24,324 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,408 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $989 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,957 |
| Contributions, gifts, grants paid | $47,200 |
| Total expenses and disbursements | $67,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,436 |
| 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 | $689,352 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $405 |
| Total assets | $715,193 |
| 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, Fruin-Colnon Foundation Trust has awarded $47,200 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
INSTITUTE FOR TRANSPORTATION AND DEVELOP PURPOSE: GENERAL OPERATING | $1,600 |
GREENPEACE PURPOSE: GENERAL OPERATING | $2,000 |
HABITAT FOR HUMANITY PURPOSE: GENERAL OPERATING | $2,000 |
FINLANDIA UNIVERSITY PURPOSE: GENERAL OPERATING | $5,100 |
ZERO THE END OF PROSTATE CANCER PURPOSE: GENERAL OPERATING | $2,000 |
FABA OF METROPOLITAN DC INC PURPOSE: GENERAL OPERATING | $3,000 |