Alice G@strobel Charitable Trust Created U A D 6-22-2011
- Assets
- $4.4m
- Revenue
- $730.7k
- Investments
- $4.2m
- Employees
- 0
- Location
- Glencoe, MN
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-7189704
Organization Overview
Alice G@strobel Charitable Trust Created U A D 6-22-2011 is located in Glencoe, MN. The organization was established in 2014. 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. Alice G@strobel Charitable Trust Created U A D 6-22-2011 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, Alice G@strobel Charitable Trust Created U A D 6-22-2011 generated $730.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $484.6k during the year ending 12/2022. While expenses have increased by 13.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alice G@strobel Charitable Trust Created U A D 6-22-2011 has awarded 68 individual grants totaling $1,503,262. 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 | $212 |
| Dividends & Interest | $96,127 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $634,343 |
| Capital Gain Net Income | $634,343 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $730,682 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,890 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,842 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,065 |
| Total operating and administrative expenses | $86,892 |
| Contributions, gifts, grants paid | $397,733 |
| Total expenses and disbursements | $484,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $226,008 |
| Net Accounts receivable | $3,148 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $4,428,286 |
| 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, Alice G@strobel Charitable Trust Created U A D 6-22-2011 has awarded $397,733 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ESSENTIA HEALTH FOUNDATION PURPOSE: UNRESTRICTED GENERAL SUPPORT | $33,333 |
MATTER PURPOSE: UNRESTRICTED GENERAL SUPPORT | $167,400 |
MINNESOTA FIREFIGHTER ASSOCIATION PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
UNIVERSITY OF MINNESOTA FOUNDATION PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
WASHBURN CENTER FOR CHILDREN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
ANIMAL HUMANE SOCIETY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,000 |