Walter C Fawcett Trust
- Assets
- $880.9k
- Revenue
- $65.2k
- Investments
- $863.0k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 09/1970
- Data as of
- 03/2024
- EIN
- 88-6002091
Organization Overview
Walter C Fawcett Trust is located in Las Vegas, NV. The organization was established in 1970. 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. Walter C Fawcett 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 03/2024, Walter C Fawcett Trust generated $65.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $77.6k during the year ending 03/2024. While expenses have increased by 2.8% per year over the past 5 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 2019, Walter C Fawcett Trust has awarded 30 individual grants totaling $255,669. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,075 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,789 |
| Capital Gain Net Income | $37,789 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $366 |
| Total Revenue | $65,230 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,748 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $198 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,823 |
| Contributions, gifts, grants paid | $59,823 |
| Total expenses and disbursements | $77,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58 |
| Savings and temporary cash investments | $17,748 |
| 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 | $745,636 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $880,852 |
| 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, Walter C Fawcett Trust has awarded $59,823 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NEVADA AREA COUNCIL BSA PURPOSE: GENERAL OPERATING | $7,777 |
SIERRA NEVADA GIRL SCOUT COUNCIL PURPOSE: GENERAL OPERATING | $7,777 |
DENVER CHILDRENS HOME PURPOSE: GENERAL OPERATING | $20,938 |
UNITED CEREBRAL PALSY OF NEVADA PURPOSE: GENERAL OPERATING | $7,777 |
WASHOE ABILITY RESOURCE CENTER PURPOSE: GENERAL OPERATING | $7,777 |
CHILD ASSAULT PREVENTION PROGRAM PURPOSE: GENERAL OPERATING | $7,777 |