Mildred Faulkner Truman Fdn is located in Amherst, NY. The organization was established in 0000. 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. Mildred Faulkner Truman Fdn 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, Mildred Faulkner Truman Fdn generated $192.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $388.0k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Mildred Faulkner Truman Fdn has awarded 86 individual grants totaling $932,287. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $126,801 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $65,571 |
Capital Gain Net Income | $65,571 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $526 |
Total Revenue | $192,898 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $69,962 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $9,269 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $37,268 |
Total operating and administrative expenses | $120,960 |
Contributions, gifts, grants paid | $267,039 |
Total expenses and disbursements | $387,999 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $163,274 |
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 | $5,424,043 |
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, Mildred Faulkner Truman Fdn has awarded $267,039 in support to 27 organizations.
Grant Recipient | Amount |
---|---|
NICHOLS PARKS & TRAILS NEW YORK PURPOSE: GENERAL OPERATING FUND | $5,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: GENERAL OPERATING FUND | $11,660 |
TIOGA COUNTY BOYS & GIRLS PURPOSE: GENERAL USE | $12,000 |
ELMIRA COLLEGE PURPOSE: SCHOLARSHIP | $30,000 |
COBURN FREE LIBRARY PURPOSE: GENERAL OPERATING FUND | $5,000 |
TIOGA COUNTY AGRICULTURAL ASSOC INC PURPOSE: HOLIDAY FOOD BASKET PROGRAM | $45,000 |