Dorothy M M Kersten Charitable Trust 04-4825
- Assets
- $24.8m
- Revenue
- $1.5m
- Investments
- $24.3m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 02/1986
- Data as of
- 06/2024
- EIN
- 31-6258173
Organization Overview
Dorothy M M Kersten Charitable Trust 04-4825 is located in Milwaukee, WI. The organization was established in 1986. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Dorothy M M Kersten Charitable Trust 04-4825 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 06/2024, Dorothy M M Kersten Charitable Trust 04-4825 generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.7m during the year ending 06/2024. While expenses have increased by 1.0% 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 2015, Dorothy M M Kersten Charitable Trust 04-4825 has awarded 180 individual grants totaling $12,440,332. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $790,476 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $738,356 |
| Capital Gain Net Income | $738,356 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $467 |
| Total Revenue | $1,529,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $378,608 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,940 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $409,248 |
| Contributions, gifts, grants paid | $1,274,903 |
| Total expenses and disbursements | $1,684,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $464,690 |
| 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 | $19,019,244 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,787,131 |
| 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, Dorothy M M Kersten Charitable Trust 04-4825 has awarded $1,274,903 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CINCINNATI ART MUSEUM PURPOSE: GENERAL OPERATING | $131,054 |
NAT'L TR FOR HISTORIC PRESERVATION PURPOSE: GENERAL OPERATING | $42,668 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL OPERATING | $55,194 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL OPERATING | $51,942 |
THE SALVATION ARMY PURPOSE: GENERAL OPERATING | $54,431 |
THE CHILDREN'S HOSPITAL CINTI OH PURPOSE: GENERAL OPERATING | $170,010 |