Betsy Hosch Patterson And Thomas O Patterson Foundation
- Assets
- $10.7m
- Revenue
- $330.2k
- Investments
- $10.4m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 37-6652127
The information for Betsy Hosch Patterson And Thomas O Patterson Foundation is as of the organization's most recent filing in December '21. This organization is located in Milwaukee, WI. It has been in existence for 2 years, following its founding in 2019.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Betsy Hosch Patterson And Thomas O Patterson Foundation's NTEE code is T12. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "12" tells us that the organization is involved in Fund Raising & Fund Distribution. The NTEE describes Fund Raising & Fund Distribution as organizations that raise and distribute funds for multiple organizations within the Philanthropy, Voluntarism, and Grantmaking Foundations major group area. This organization is also classified under section 3 of the Internal Revenue Code, which includes Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals organizations.
Grant History
Our dataset includes two years of grant history for the Betsy Hosch Patterson And Thomas O Patterson Foundation. In these two years, they have awarded a total of four grants, with an average check size of $250,000. The grants were primarily awarded in the Arts, Culture & Humanities sector. The organization has awarded all four grants in the state of Missouri.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $286,100 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,022 |
| Capital Gain Net Income | $44,022 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $121 |
| Total Revenue | $330,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $102,984 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,464 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $173,497 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $673,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $293,500 |
| 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 | $958,833 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,762 |
| Total assets | $10,720,371 |
| 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, Betsy Hosch Patterson And Thomas O Patterson Foundation has awarded $500,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: GENERAL OPERATING | $250,000 |
THE ST LOUIS ART MUSEUM PURPOSE: GENERAL OPERATING | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Give Back Foundation Madison, WI | $36,333,568 | $83,771,815 |
Car Donation Foundation St Louis Park, MN | $12,821,701 | $65,728,159 |
Searle Freedom Trust Madison, WI | $105,094,955 | $12,616,372 |
Bradley Impact Fund Inc Milwaukee, WI | $79,584,497 | $81,442,514 |
Quad Cities Golf Classic Charitable Foundation East Moline, IL | $5,926,812 | $12,981,935 |
Jewel Nail Bomar Trust 8336230300 Chicago, IL | $101,133,335 | $15,350,534 |
Others First Inc Rochester Hills, MI | $4,306,956 | $11,125,375 |
Pious Projects Of America Bridgeview, IL | $2,395,968 | $8,177,090 |
The Edward Lowe Foundation Cassopolis, MI | $139,490,354 | $14,349,160 |
Worth County Development Authority Northwood, IA | $8,240,749 | $6,157,684 |
Constellation Fund Minneapolis, MN | $8,581,079 | $5,161,859 |
Wayfarer Foundation Highland Park, IL | $333,654 | $4,731,977 |