Tate Charitable Foundation
- Assets
- $4.7m
- Revenue
- $716.3k
- Investments
- $4.4m
- Employees
- 0
- Location
- Casper, WY
- Founding
- 12/1995
- Data as of
- 11/2023
- EIN
- 83-0310832
Organization Overview
Tate Charitable Foundation is located in Casper, WY. The organization was established in 1995. 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. Tate Charitable Foundation 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 11/2023, Tate Charitable Foundation generated $716.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $472.8k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tate Charitable Foundation has awarded 90 individual grants totaling $2,356,601. 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 |
|---|---|---|---|
T Chris Muirhead President | 2 | $0 | |
William L Mcdowell Emeritus | 0.5 | $0 | |
John Masterson Treasurer | 0.5 | $0 | |
Jennifer Mcdowell Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27,649 |
| Dividends & Interest | $89,506 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $541,988 |
| Capital Gain Net Income | $541,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,199 |
| Total Revenue | $716,342 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,232 |
| Depreciation | $8,368 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,833 |
| Total operating and administrative expenses | $74,443 |
| Contributions, gifts, grants paid | $398,386 |
| Total expenses and disbursements | $472,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,793 |
| 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 | $400,471 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $116,131 |
| Total assets | $4,705,379 |
| 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 | $6,910 |
| Total liabilities | $6,910 |
Grants Awarded
Over the last fiscal year, Tate Charitable Foundation has awarded $398,386 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CASPER COLLEGE FOUNDATION PURPOSE: DIRECTOR DESIGNATED DONATION | $5,000 |
CENTRAL WYOMING COUNSELING CENTER PURPOSE: RESTRICTED FOR SPECIFIC PURPOSE | $100,000 |
CHILD DEVELOPMENT CENTER PURPOSE: DIRECTOR DESIGNATED DONATION | $22,365 |
CHILDREN'S ADVOCACY PROJECT PURPOSE: ALL UNRESTRICTED | $10,000 |
CLIMB WYOMING PURPOSE: OPERATIONS RELATED TO NATRONA COUNTY ACTIVITIES | $10,000 |
DOWNTOWN DEVELOPMENT AUTHORITY PURPOSE: DIRECTOR DESIGNATED DONATION | $10,000 |