Ernst W & Agnes W Kaulbach Charitable Tr Indenture
- Assets
- $1.6m
- Revenue
- $102.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- 05/1996
- Data as of
- 08/2023
- EIN
- 06-6418644
Organization Overview
Ernst W & Agnes W Kaulbach Charitable Tr Indenture is located in Palm Beach Gardens, FL. The organization was established in 1996. 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. Ernst W & Agnes W Kaulbach Charitable Tr Indenture 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 08/2023, Ernst W & Agnes W Kaulbach Charitable Tr Indenture generated $102.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $170.8k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ernst W & Agnes W Kaulbach Charitable Tr Indenture has awarded 102 individual grants totaling $1,236,743. 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 | $197 |
| Dividends & Interest | $81,401 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,597 |
| Capital Gain Net Income | $20,597 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $180 |
| Total Revenue | $102,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,572 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,550 |
| Total operating and administrative expenses | $39,322 |
| Contributions, gifts, grants paid | $131,501 |
| Total expenses and disbursements | $170,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,784 |
| Savings and temporary cash investments | $15,769 |
| 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 | $317,302 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,573,887 |
| Accounts payable and accrued expenses | $180 |
| 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 | $300,908 |
| Total liabilities | $301,088 |
Grants Awarded
Over the last fiscal year, Ernst W & Agnes W Kaulbach Charitable Tr Indenture has awarded $131,501 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGEPORT HOSPITAL PURPOSE: CAPITAL CAMPAIGN | $45,000 |
CARDINAL SHEHAN CTR PURPOSE: ENDOWMENT FUND COMMITTED TO YOUTH | $11,500 |
MCGIVNEY CENTER PURPOSE: OPERATING FUNDS | $1,000 |
SPECIAL OLYMPICS OF VT PURPOSE: OPERATIONS | $6,000 |
HILDENE PURPOSE: OPERATING FUNDS | $10,000 |
ETE LP PURPOSE: OPERATIONS | $1 |