Alfred J Loftus Charitable Trust
- Assets
- $2.4m
- Revenue
- $121.8k
- Investments
- $2.4m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/1996
- Data as of
- 05/2022
- EIN
- 43-6700480
Organization Overview
Alfred J Loftus Charitable Trust is located in Milwaukee, WI. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Alfred J Loftus 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 05/2022, Alfred J Loftus Charitable Trust generated $121.8k 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 (11.9%) each year. All expenses for the organization totaled $80.5k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Alfred J Loftus Charitable Trust has awarded 23 individual grants totaling $746,599. 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 | $54,319 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,442 |
| Capital Gain Net Income | $67,442 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $121,765 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,153 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,337 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $46,990 |
| Contributions, gifts, grants paid | $33,508 |
| Total expenses and disbursements | $80,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,672 |
| 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 | $1,760,477 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,387,233 |
| 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, Alfred J Loftus Charitable Trust has awarded $33,508 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LCMS FOUNDATION PURPOSE: GENERAL OPERATING | $16,754 |
St Louis, MO PURPOSE: GENERAL OPERATING | $8,377 |
St Louis, MO PURPOSE: GENERAL OPERATING | $8,377 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Burke Foundation Inc Milwaukee, WI | $121,362,007 | $6,169,378 |
Illinois Assistive Technology Program Springfield, IL | $10,127,419 | $6,900,669 |
Stratis Health Minneapolis, MN | $5,273,023 | $5,800,389 |
Crossroads Fund Chicago, IL | $13,233,891 | $8,800,082 |
Delta Dental Fund Lansing, MI | $137,389,492 | $20,883,469 |
Saint Therese St Louis Park, MN | $14,478,951 | $6,726,617 |
Henrietta M Riley Trust 33b006006 Fbo Detroit, MI | $3,389,171 | $4,902,878 |
Vine And Branches Foundation Inc Brookfield, WI | $8,641,827 | $2,521,561 |
Association Of State Floodplain Managers Inc Madison, WI | $3,465,086 | $3,791,524 |
Alan Stone Family Charitable Foundation % Reed Smith LLP - Harry Rosenberg Chicago, IL | $0 | $100,169 |
Peter And Paula Fasseas Foundation Chicago, IL | $50,357,726 | $8,283,085 |
Stephenson Family Foundation Schaumburg, IL | $89,371 | $3,480,000 |