George T Welch Test Trust
- Assets
- $3.5m
- Revenue
- $86.8k
- Investments
- $3.5m
- Employees
- 0
- Location
- Walla Walla, WA
- Founding
- 03/1972
- Data as of
- 09/2023
- EIN
- 91-6024318
Organization Overview
George T Welch Test Trust is located in Walla Walla, WA. The organization was established in 1972. 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. George T Welch Test 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 09/2023, George T Welch Test Trust generated $86.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $192.3k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, George T Welch Test Trust has awarded 455 individual grants totaling $772,180. 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 | $912 |
| Dividends & Interest | $94,026 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,091 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,847 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,802 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $43,752 |
| Contributions, gifts, grants paid | $148,576 |
| Total expenses and disbursements | $192,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,846 |
| Savings and temporary cash investments | $5,188 |
| 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 | $3,464,670 |
| 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, George T Welch Test Trust has awarded $148,576 in support to 93 organizations.
| Grant Recipient | Amount |
|---|---|
MARY SHEPHERD PURPOSE: SUPPORT FOR NECESSARY MEDICAL PROCEDURES AND SUPPLIES | $140 |
CHERYLE HOOKER PURPOSE: SUPPORT FOR NECESSARY MEDICAL PROCEDURES AND SUPPLIES | $895 |
SHELLIE SCHOONOVER PURPOSE: SUPPORT FOR NECESSARY MEDICAL PROCEDURES AND SUPPLIES | $1,100 |
ANNA PIERCE PURPOSE: SUPPORT FOR NECESSARY MEDICAL PROCEDURES AND SUPPLIES | $1,500 |
CAMERON STEVENS PURPOSE: SUPPORT FOR NECESSARY MEDICAL PROCEDURES AND SUPPLIES | $1,100 |
KAY ROEHLING PURPOSE: SUPPORT FOR NECESSARY MEDICAL PROCEDURES AND SUPPLIES | $1,500 |