Gibson Briscoe Charitable Tr is located in Milwaukee, WI. 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. Gibson Briscoe 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, Gibson Briscoe Charitable Tr generated $497.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $20.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $249,369 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,313 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $240,062 |
| Capital Gain Net Income | $240,062 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13 |
| Total Revenue | $497,757 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,230 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,483 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $7,353 |
| Contributions, gifts, grants paid | $12,990 |
| Total expenses and disbursements | $20,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,117 |
| 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 | $468,994 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $330 |
| Total assets | $483,441 |
| 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, Gibson Briscoe Charitable Tr has awarded $12,990 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CARRIER MILLS GRADE SCHOOL PURPOSE: GENERAL OPERATING | $3,400 |
NCOE HIGH SCHOOL PURPOSE: GENERAL OPERATING | $5,590 |
NORRIS CITY - OMAHA HS PURPOSE: GENERAL OPERATING | $4,000 |