Orville L & Beverly Borgmann Charitable Trust
- Assets
- $242.7k
- Revenue
- $5.9k
- Investments
- $224.1k
- Employees
- 0
- Location
- Smith Center, KS
- Founding
- 07/2014
- Data as of
- 01/2024
- EIN
- 46-3834999
Organization Overview
Orville L & Beverly Borgmann Charitable Trust is located in Smith Center, KS. The organization was established in 2014. 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. Orville L & Beverly Borgmann 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 01/2024, Orville L & Beverly Borgmann Charitable Trust generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $17.8k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Orville L & Beverly Borgmann Charitable Trust has awarded 65 individual grants totaling $132,886. 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 | $5,617 |
| Dividends & Interest | $3,947 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,697 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,478 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $25 |
| Printing and publications | $14 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,057 |
| Contributions, gifts, grants paid | $14,787 |
| Total expenses and disbursements | $17,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260 |
| Savings and temporary cash investments | $18,302 |
| 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 | $10,142 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $242,659 |
| 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, Orville L & Beverly Borgmann Charitable Trust has awarded $14,787 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
KANSAS STATE UNIVERSITY PURPOSE: EDUCATIONAL | $4,315 |
FORT HAYS STATE UNIVERSITY PURPOSE: EDUCATIONAL | $3,815 |
WICHITA STATE UNIVERSITY PURPOSE: EDUCATIONAL | $1,157 |
WASHBURN UNIVERSITY PURPOSE: EDUCATIONAL | $1,000 |
COLBY COMMUNITY COLLEGE PURPOSE: EDUCATIONAL | $1,000 |
UNIVERSITY OF KANSAS MEDICAL CENTER PURPOSE: EDUCATIONAL | $1,500 |