Gladys E Knowles Charitable Trust 50315420
- Assets
- $2.0m
- Revenue
- $86.9k
- Investments
- $1.9m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 10/1984
- Data as of
- 12/2022
- EIN
- 81-0423029
Organization Overview
Gladys E Knowles Charitable Trust 50315420 is located in Milwaukee, WI. The organization was established in 1984. 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. Gladys E Knowles Charitable Trust 50315420 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, Gladys E Knowles Charitable Trust 50315420 generated $86.9k 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 (7.3%) each year. All expenses for the organization totaled $249.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gladys E Knowles Charitable Trust 50315420 has awarded 32 individual grants totaling $729,619. 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 | $0 |
| Dividends & Interest | $57,288 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,539 |
| Capital Gain Net Income | $29,539 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $107 |
| Total Revenue | $86,934 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,927 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,973 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $42,900 |
| Contributions, gifts, grants paid | $206,657 |
| Total expenses and disbursements | $249,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,797 |
| 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 | $1,711,699 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,373 |
| Total assets | $1,962,793 |
| 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, Gladys E Knowles Charitable Trust 50315420 has awarded $206,657 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL PEACE PURPOSE: SCHOLARSHIP | $16,531 |
ROCKY MOUNTAIN COLLEGE PURPOSE: GENERAL OPERATING | $16,531 |
ST LUKES EPISCOPAL CHURCH PURPOSE: GENERAL OPERATING | $51,665 |
BIG HORN CNTY MEMORIAL HOSP PURPOSE: GENERAL OPERATING | $103,330 |
YELLOWSTONE BOYS & GIRLS RANCH FDN PURPOSE: GENERAL OPERATING | $18,600 |