Walter E And Bashia E Best Trust
- Assets
- $1.7m
- Revenue
- $171.3k
- Investments
- $1.7m
- Employees
- 0
- Location
- Evansville, IN
- Founding
- 04/1973
- Data as of
- 12/2023
- EIN
- 35-6221411
Organization Overview
Walter E And Bashia E Best Trust is located in Evansville, IN. The organization was established in 1973. 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. Walter E And Bashia E Best 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 12/2023, Walter E And Bashia E Best Trust generated $171.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $126.3k during the year ending 12/2023. While expenses have increased by 0.1% per year over the past 6 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 2018, Walter E And Bashia E Best Trust has awarded 15 individual grants totaling $531,106. 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 | $45,788 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $123,876 |
| Capital Gain Net Income | $123,876 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,586 |
| Total Revenue | $171,250 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,789 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $901 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3 |
| Total operating and administrative expenses | $25,693 |
| Contributions, gifts, grants paid | $100,605 |
| Total expenses and disbursements | $126,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $1,685,434 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,685,434 |
| 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, Walter E And Bashia E Best Trust has awarded $100,605 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WINCHESTER FRIENDS CHURCH PURPOSE: PROGRAM SUPPORT | $37,727 |
RANDOLPH CENTRAL SCHOOL CORP PURPOSE: PROGRAM SUPPORT | $25,151 |
ST VINCENT RANDOLPH HOSPITAL PURPOSE: GENERAL FUNDING | $37,727 |