Norman L Jensen Trust
- Assets
- $742.4k
- Revenue
- $58.0k
- Investments
- $722.7k
- Employees
- 0
- Location
- Green Bay, WI
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 80-6011165
Organization Overview
Norman L Jensen Trust is located in Green Bay, WI. The organization was established in 2002. 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. Norman L Jensen 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 12/2022, Norman L Jensen Trust generated $58.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $82.0k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 7 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 2016, Norman L Jensen Trust has awarded 39 individual grants totaling $234,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert H Geimer Trustee | 2 | $21,000 | |
Mary R Orcutt Trustee | 2 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $152 |
| Dividends & Interest | $32,573 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,298 |
| Capital Gain Net Income | $25,298 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,335 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $38,029 |
| Contributions, gifts, grants paid | $44,000 |
| Total expenses and disbursements | $82,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,722 |
| 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 | $742,448 |
| 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, Norman L Jensen Trust has awarded $44,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BEJA SHRINE TEMPLE PURPOSE: CHILDREN'S CIRCUS | $4,000 |
GREEN BAY EDUCATION ASSOCIATION PURPOSE: SUPPORT OF STUDENT TUTORING PROGRAMS | $4,000 |
NEW MASONIC CENTER PURPOSE: BUILDING CAMPAIGN | $4,000 |
HERITAGE HILL FOUNDATION PURPOSE: ANNUAL FUND DRIVE | $4,000 |
NEW ZOO PURPOSE: TO FUND CHARITABLE OBJECTIVES OF THE CHARITY | $4,000 |
EXCEPTIONAL EQUESTRIANS PURPOSE: EQUINE THERAPY | $2,000 |