Lenore Cletcher-Wessale Trust
- Assets
- $1.5m
- Revenue
- $41.2k
- Investments
- $1.5m
- Employees
- 0
- Location
- Decatur, IL
- Founding
- 12/2006
- Data as of
- 12/2022
- EIN
- 36-7191409
Organization Overview
Lenore Cletcher-Wessale Trust is located in Decatur, IL. The organization was established in 2006. 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. Lenore Cletcher-Wessale 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 12/2022, Lenore Cletcher-Wessale Trust generated $41.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $66.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lenore Cletcher-Wessale Trust has awarded 84 individual grants totaling $412,803. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 | $33,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,252 |
| Capital Gain Net Income | $7,252 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,219 |
| 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 | $30 |
| Total operating and administrative expenses | $16,074 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $66,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,398 |
| 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 | $590,478 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,486,243 |
| 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, Lenore Cletcher-Wessale Trust has awarded $50,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ILLINOIS PURPOSE: SCHOLARSHIP | $6,025 |
PARKLAND COLLEGE PURPOSE: SCHOLARSHIP | $9,450 |
INDIANA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,150 |
MURRAY STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,150 |
EASTERN ILLINOIS UNIVERSITY PURPOSE: SCHOLARSHIP | $6,025 |
ILLINOIS WESLEYAN UNIVERSITY PURPOSE: SCHOLARSHIP | $4,300 |