Arthur P Pratt & Jeanette Gladys Pratt Memorial Fund 26646-00-5 is located in Milwaukee, WI. The organization was established in 1974. 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. Arthur P Pratt & Jeanette Gladys Pratt Memorial Fund 26646-00-5 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 04/2024, Arthur P Pratt & Jeanette Gladys Pratt Memorial Fund 26646-00-5 generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 70.5% each year . All expenses for the organization totaled $255.9k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Arthur P Pratt & Jeanette Gladys Pratt Memorial Fund 26646-00-5 has awarded 363 individual grants totaling $1,024,790. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $146,872 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $904,239 |
| Capital Gain Net Income | $904,239 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,051,111 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $51,700 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,918 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $58,363 |
| Contributions, gifts, grants paid | $197,540 |
| Total expenses and disbursements | $255,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $142,735 |
| 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 | $2,762,081 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,238,842 |
| 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, Arthur P Pratt & Jeanette Gladys Pratt Memorial Fund 26646-00-5 has awarded $197,540 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
BRAILLE INSTITUTE OF AMERICA INC PURPOSE: GENERAL OPERATING | $4,025 |
SAN DIEGO YOUTH SYMPHONY PURPOSE: GENERAL OPERATING | $4,025 |
BARRIO LOGAN COLLEGE INSTITUTE PURPOSE: GENERAL OPERATING | $4,025 |
BIG BROTHERS BIG SISTERS OF SAN DIEGO PURPOSE: GENERAL OPERATING | $4,025 |
JACOBS & CUSHMAN SD FOOD BANK PURPOSE: GENERAL OPERATING | $4,025 |
MUSICIANS FOR EDUCATION PURPOSE: GENERAL OPERATING | $4,025 |