Isadore Mednikow Educational Trust
- Assets
- $4.7m
- Revenue
- $182.4k
- Investments
- $131.0k
- Employees
- 0
- Location
- Green Bay, WI
- Founding
- 03/2003
- Data as of
- 07/2023
- EIN
- 27-6004423
Organization Overview
Isadore Mednikow Educational Trust is located in Green Bay, WI. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isadore Mednikow Educational 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 07/2023, Isadore Mednikow Educational Trust generated $182.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $232.6k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Isadore Mednikow Educational Trust has awarded 170 individual grants totaling $2,548,500. 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 | $4,135 |
| Dividends & Interest | $178,310 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $182,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $97,500 |
| 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 | $3,365 |
| Total operating and administrative expenses | $105,065 |
| Contributions, gifts, grants paid | $127,500 |
| Total expenses and disbursements | $232,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $317,890 |
| 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 | $16,039 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,206,103 |
| Total assets | $4,654,951 |
| 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, Isadore Mednikow Educational Trust has awarded $127,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ASSUMPTION BVM CATHOLIC SCHOOL PURPOSE: LUNCH PROGRAM | $3,500 |
GRACE CATHOLIC SCHOOL - ST MATTHEW & RESURRECTION SCHOOL PURPOSE: LUNCH PROGRAM | $6,500 |
GRACE CATHOLIC SCHOOL - HOLY CROSS CATHOLIC SCHOOL PURPOSE: LUNCH PROGRAM | $3,500 |
GRACE CATHOLIC SCHOOL - HOLY FAMILY CATHOLIC SCHOOL PURPOSE: LUNCH PROGRAM | $4,000 |
GRACE CATHOLIC SCHOOL - OUR LADY OF LOURDES CATHOLIC SCHOOL PURPOSE: LUNCH PROGRAM | $3,500 |
GRACE CATHOLIC SCHOOL - ST JOHN THE BAPTIST CATHOLIC SCHOOL PURPOSE: LUNCH PROGRAM | $7,500 |