Clark & Margaret Reid Char Tr 08754560 is located in Milwaukee, WI. The organization was established in 2000. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark & Margaret Reid Char Tr 08754560 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, Clark & Margaret Reid Char Tr 08754560 generated $5.7k 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 (26.2%) each year. All expenses for the organization totaled $102.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Clark & Margaret Reid Char Tr 08754560 has awarded 18 individual grants totaling $421,984. 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
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,545 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28 |
| Total Revenue | $5,726 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,917 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,978 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $28,395 |
| Contributions, gifts, grants paid | $73,788 |
| Total expenses and disbursements | $102,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,608 |
| 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 | $1,113,664 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,164 |
| Total assets | $1,338,454 |
| 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, Clark & Margaret Reid Char Tr 08754560 has awarded $73,788 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MISSOURI SOUTHERN FOUNDATION PURPOSE: GENERAL OPERATING | $43,214 |
ST PETER'S CATHOLIC CHURCH PURPOSE: GENERAL OPERATING | $15,924 |
CROWDER COLLEGE FOUNDATION PURPOSE: GENERAL OPERATING | $14,650 |