Minnie A Schlitt Private Foundation
- Assets
- $816.0k
- Revenue
- $46.6k
- Investments
- $813.2k
- Employees
- 0
- Location
- Hastings, NE
- Founding
- 10/2009
- Data as of
- 12/2023
- EIN
- 26-4287467
Organization Overview
Minnie A Schlitt Private Foundation is located in Hastings, NE. The organization was established in 2009. 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. Minnie A Schlitt Private Foundation 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 12/2023, Minnie A Schlitt Private Foundation generated $46.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $61.5k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 8 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, Minnie A Schlitt Private Foundation has awarded 47 individual grants totaling $416,700. 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 |
|---|---|---|---|
Brad Moncrief President/treasurer | 0.5 | $0 | |
Debbra Weber Secretary | 0.5 | $0 | |
Shelly Tork Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $14,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,139 |
| Capital Gain Net Income | $32,139 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,648 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $661 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,825 |
| Contributions, gifts, grants paid | $47,700 |
| Total expenses and disbursements | $61,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,708 |
| Savings and temporary cash investments | $1,175 |
| 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 | $813,156 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $816,039 |
| 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, Minnie A Schlitt Private Foundation has awarded $47,700 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CROSSROADS CENTER PURPOSE: TO FACILITATE THE MISSION OF THE CHARITY | $5,600 |
MID RIVERS CHAPTER OF THE AMERICAN RED CROSS PURPOSE: TO FACILITATE THE MISSION OF THE CHARITY | $1,500 |
SALVATION ARMY PURPOSE: TO FACILITATE THE MISSION OF THE CHARITY | $15,600 |
SENIOR ACTION INCMEALS ON WHEELS PURPOSE: TO FACILITATE THE MISSION OF THE CHARITY | $15,000 |
YMCA OF HASTINGS PURPOSE: TO FACILITATE THE MISSION OF THE CHARITY | $10,000 |