Warren H Timmerman Charitable Trust
- Assets
- $1.6m
- Revenue
- $88.5k
- Investments
- $1.5m
- Employees
- 0
- Location
- Manning, IA
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-7098728
Organization Overview
Warren H Timmerman Charitable Trust is located in Manning, IA. The organization was established in 2007. 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. Warren H Timmerman Charitable 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 12/2022, Warren H Timmerman Charitable Trust generated $88.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $201.0k during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Warren H Timmerman Charitable Trust has awarded 99 individual grants totaling $992,202. 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 | $3,458 |
| Dividends & Interest | $59,630 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,428 |
| Capital Gain Net Income | $25,428 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,736 |
| 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 | $2,500 |
| Total operating and administrative expenses | $30,895 |
| Contributions, gifts, grants paid | $170,073 |
| Total expenses and disbursements | $200,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,453 |
| 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 | $1,565,971 |
| 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, Warren H Timmerman Charitable Trust has awarded $170,073 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF MANNING PURPOSE: PARK TRAIN | $20,000 |
MAIN STREET MANNING PURPOSE: SIGNS | $5,600 |
MANNING BETTERMENT FOUNDATION INC PURPOSE: FLAGS | $7,000 |
BREDA DAYCARE CENTER PURPOSE: FIRE ALARM | $14,945 |
MANNING BETTERMENT FOUNDATION PURPOSE: CHILD CARE EQUIPMENT | $18,518 |
ALL STRINGS ATTACHED PURPOSE: TRAILER | $5,500 |