John K Henne Charitable Trust
- Assets
- $1.3m
- Revenue
- $85.4k
- Investments
- $1.3m
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 02/1987
- Data as of
- 12/2022
- EIN
- 25-6261354
Organization Overview
John K Henne Charitable Trust is located in Lynchburg, VA. The organization was established in 1987. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. John K Henne 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, John K Henne Charitable Trust generated $85.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $282.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John K Henne Charitable Trust has awarded 211 individual grants totaling $1,842,866. 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 |
|---|---|---|---|
Todd L Olsen Secretary/treasurer | 1 | $4,000 | |
Thomas A Russo Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $80,371 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,939 |
| Capital Gain Net Income | $4,939 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $76 |
| Total Revenue | $85,386 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,354 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,492 |
| Total operating and administrative expenses | $34,561 |
| Contributions, gifts, grants paid | $247,610 |
| Total expenses and disbursements | $282,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,907 |
| 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 | $1,286,120 |
| 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, John K Henne Charitable Trust has awarded $247,610 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
NEW FOUNDATION COMMUNITY MINISTRY PURPOSE: GENERAL SUPPORT | $10,000 |
WESTERN PA CONSERVANCY PURPOSE: GENERAL SUPPORT | $500 |
UNIVERSITY OF LYNCHBURG PURPOSE: GENERAL SUPPORT | $25,000 |
YMCA OF TITUSVILLE PURPOSE: GENERAL SUPPORT | $40,500 |
TITUSVILLE AREA HOSPITAL PURPOSE: GENERAL SUPPORT | $5,000 |
TITUSVILLE RENAISSANCE INC PURPOSE: GENERAL SUPPORT | $10,000 |