Ralph Haugse Memorial Tr
- Assets
- $5.1m
- Revenue
- $236.3k
- Investments
- $5.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 10/2010
- Data as of
- 07/2024
- EIN
- 27-6400625
Organization Overview
Ralph Haugse Memorial Tr is located in Milwaukee, WI. The organization was established in 2010. 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. Ralph Haugse Memorial Tr 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 07/2024, Ralph Haugse Memorial Tr generated $236.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $309.3k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ralph Haugse Memorial Tr has awarded 94 individual grants totaling $3,376,528. 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 | $0 |
| Dividends & Interest | $196,777 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,505 |
| Capital Gain Net Income | $36,505 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,981 |
| Total Revenue | $236,263 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,005 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,544 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $49,049 |
| Contributions, gifts, grants paid | $260,210 |
| Total expenses and disbursements | $309,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,758 |
| 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 | $4,247,897 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,064,291 |
| 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, Ralph Haugse Memorial Tr has awarded $260,210 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CARROLL COLLEGE PURPOSE: SCHOLARSHIPS | $39,000 |
MONTANA STATE UNIVERSITY PURPOSE: SCHLOARSHIP | $91,000 |
UNIVERSITY OF MONTANA PURPOSE: SCHOLARSHIPS | $65,000 |
GREAT FALLS COLLEGE -MSU PURPOSE: SCHOLARSHIP | $210 |
UNIVERSITY OF PROVIDENCE PURPOSE: SCHOLARSHIPS | $26,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: SCHOLARSHIPS | $13,000 |