Diane Wendland 1962 Charitable Tr is located in Montgomery, AL. The organization was established in 1964. 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. Diane Wendland 1962 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 12/2022, Diane Wendland 1962 Charitable Tr generated $26.0k 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 (3.8%) each year. All expenses for the organization totaled $40.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Diane Wendland 1962 Charitable Tr has awarded 98 individual grants totaling $227,602. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regions Trust Department Trustee | 1 | $7,625 | |
Mr Milton Wendland Advisory Committee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,012 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,947 |
| Capital Gain Net Income | $10,947 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,959 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,922 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,662 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,909 |
| Contributions, gifts, grants paid | $31,000 |
| Total expenses and disbursements | $40,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,650 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $763,430 |
| 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, Diane Wendland 1962 Charitable Tr has awarded $31,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA 4H CLUB FOUNDATION PURPOSE: PUBLIC SUPPORT | $3,000 |
EASTWOOD CHRISTIAN SCHOOL PURPOSE: EDUCATIONAL ASSISTANCE | $3,000 |
AUTAUAGA ACADEMY PURPOSE: EDUCATIONAL ASSISTANCE | $3,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: RELIGIOUS | $9,000 |
HUNTINGDON COLLEGE PURPOSE: EDUCATIONAL ASSISTANCE | $10,000 |
JACKSON HOSPITAL FOUNDATION PURPOSE: SUPPORT EXPANSION AND SERVICES FOR JACKSON HOSPITAL | $3,000 |