Walter R Hessenauer Charitabletrust
- Assets
- $273.9k
- Revenue
- $40.9k
- Investments
- $260.3k
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 09/2006
- Data as of
- 03/2024
- EIN
- 20-3886468
Organization Overview
Walter R Hessenauer Charitabletrust is located in Brooklyn, OH. The organization was established in 2006. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter R Hessenauer Charitabletrust 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 R Hessenauer Charitabletrust generated $40.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 67.6% each year . All expenses for the organization totaled $304.5k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Walter R Hessenauer Charitabletrust has awarded 64 individual grants totaling $761,297. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keybank N A Trustee Trustee | 1 | $6,000 | |
Fred E Smith Advisor | 1 | $0 | |
William R Stump Advisor | 1 | $0 | |
Randall Macdonald Advisor | 1 | $1,000 | |
John Shuler Advisor | 1 | $1,000 | |
E Richard Hottenroth Advisor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,216 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,349 |
| Capital Gain Net Income | $27,349 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $365 |
| Total Revenue | $40,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $181 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $362 |
| Total operating and administrative expenses | $13,593 |
| Contributions, gifts, grants paid | $290,874 |
| Total expenses and disbursements | $304,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,594 |
| 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 | $260,291 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $273,885 |
| 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 R Hessenauer Charitabletrust has awarded $290,874 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
GALION ELEMENTARY SCHOOL PTO PURPOSE: GENERAL OPERATING | $6,500 |
AVITA HEALTH FOUNDATION PURPOSE: GENERAL OPERATING | $40,000 |
FRIENDS OF CRAWFORD PARK DISTRICT PURPOSE: GENERAL OPERATING | $4,456 |
AMERICAN RED CROSS PURPOSE: GENERAL OPERATING | $10,000 |
GALION FARIVIEW CEMETERY ASSOCIATION PURPOSE: GENERAL OPERATING | $40,000 |
SALVATION ARMY PURPOSE: GENERAL SUPPORT | $1,586 |