Mary Elizabeth Herche Charitable Tr
- Assets
- $704.3k
- Revenue
- $15.8k
- Investments
- $683.6k
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 10/2003
- Data as of
- 10/2022
- EIN
- 61-6282300
Organization Overview
Mary Elizabeth Herche Charitable Tr is located in Louisville, KY. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Mary Elizabeth Herche Charitable Tr 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 10/2022, Mary Elizabeth Herche Charitable Tr generated $15.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $82.3k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,152 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,335 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,381 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $55 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,286 |
| Contributions, gifts, grants paid | $67,018 |
| Total expenses and disbursements | $82,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,765 |
| 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 | $87,173 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $704,323 |
| 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, Mary Elizabeth Herche Charitable Tr has awarded $67,018 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: OPERATIONAL SUPPORT TO PROVIDE SERVICES FOR PEOPLE IN NEED AND ADVOCATE FOR JUSTICE IN SOCIAL STRUCTURES. | $33,509 |
KENTUCKY HUMANE SOCIETY PURPOSE: OPERATIONAL SUPPORT FOR PET ADOPTION PROGRAMS AND ANIMAL WELFARE ACTIVITIES. | $33,509 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Exelon Foundation Chicago, IL | $116,558,021 | $16,716,086 |
Carmax Foundation Richmond, VA | $6,340,369 | $9,797,991 |
Third Federal Foundation Cleveland, OH | $35,709,526 | $3,618,702 |
Ascension Providence Foundation St Louis, MO | $25,786,185 | $4,059,548 |
Kehe Cares Foundation Inc Naperville, IL | $5,804,063 | $7,449,461 |
G Carl Ball Family Foundation West Chicago, IL | $40,772,718 | $1,501,347 |
Westfield Insurance Foundation Westfield Center, OH | $42,931,784 | $4,362,594 |
Mcleod Family Foundation Inc Roanoke, VA | $24,622,922 | $3,411,070 |
Petters Family Foundation Newport News, VA | $24,802,843 | $3,836,696 |
Louisiana First Horizon Foundation Memphis, TN | $16,881,232 | $5,299 |
Apex Oil Company Charitable Foundation Clayton, MO | $5,552,503 | $420,890 |