Helen Wade Greene Charitable Tr
- Assets
- $11.1m
- Revenue
- $482.0k
- Investments
- $8.6m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 11/1958
- Data as of
- 12/2023
- EIN
- 34-6527172
Organization Overview
Helen Wade Greene Charitable Tr is located in Cleveland, OH. The organization was established in 1958. 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. Helen Wade Greene Charitable 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 12/2023, Helen Wade Greene Charitable Tr generated $482.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $636.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Helen Wade Greene Charitable Tr has awarded 35 individual grants totaling $2,245,000. 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 | $298,975 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,878 |
| Capital Gain Net Income | $83,878 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $99,127 |
| Total Revenue | $481,980 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,925 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,947 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $105,999 |
| Contributions, gifts, grants paid | $530,000 |
| Total expenses and disbursements | $635,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,823 |
| Savings and temporary cash investments | $1,119,166 |
| 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 | $1,393,578 |
| Total assets | $11,148,085 |
| 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, Helen Wade Greene Charitable Tr has awarded $530,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
EDWARD LEE AND SLOCOMB HOLLIS PERRY PURPOSE: GENERAL FINANCIAL SUPPORT | $410,000 |
MUSICAL ARTS ASSOCIATION PURPOSE: GENERAL FINANCIAL SUPPORT | $25,000 |
CLEVELAND MUSEUM OF ART PURPOSE: GENERAL FINANCIAL SUPPORT | $49,000 |
UNIVERSITY HOSPITALS OF CLEVELAND PURPOSE: GENERAL FINANCIAL SUPPORT | $10,000 |
BEECH BROOK PURPOSE: GENERAL FINANCIAL SUPPORT | $8,000 |
CENTRAL SCHOOL OF PRACTICAL NURSING INC PURPOSE: GENERAL FINANCIAL SUPPORT | $18,000 |