Fred M Klaus & Harold Murphy Klaus Fred First Union Bank
- Assets
- $10.4m
- Revenue
- -$753.4k
- Investments
- $10.2m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 07/1990
- Data as of
- 04/2023
- EIN
- 65-6049287
Organization Overview
Fred M Klaus & Harold Murphy Klaus Fred First Union Bank is located in Las Vegas, NV. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Fred M Klaus & Harold Murphy Klaus Fred First Union Bank is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Fred M Klaus & Harold Murphy Klaus Fred First Union Bank has awarded 65 individual grants totaling $1,885,250. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wells Fargo Bank N A Trustee | 1 | $107,363 | |
Suzanne M Moore Co-Trustee | 1 | $70,288 | |
Randy W Moore Co-Trustee | 1 | $70,288 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $298,142 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,078,492 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,943 |
| Total Revenue | -$753,407 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $247,939 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,646 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,465 |
| Total operating and administrative expenses | $308,795 |
| Contributions, gifts, grants paid | $440,000 |
| Total expenses and disbursements | $748,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $630 |
| Savings and temporary cash investments | $164,092 |
| 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 | $4,374,714 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,360,650 |
| 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, Fred M Klaus & Harold Murphy Klaus Fred First Union Bank has awarded $440,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA KEYS HEALTHY START PURPOSE: GENERAL OPERATING | $10,000 |
SISTER SEASON FUND PURPOSE: HOMELESS PREVENTION/UTILITY | $5,000 |
AUTISM SOCIETY OF THE KEYS PURPOSE: GENERAL SUPPORT | $5,000 |
STAR OF THE SEA FOUNDATION INC PURPOSE: FARMSHARE | $195,000 |
AMERICAN RED CROSS GREATER MIAMI PURPOSE: GENERAL OPERATING | $10,000 |
WESLEY HOUSE FAMILY PURPOSE: INEZ MARTIN CHILD | $25,000 |