Charles H Gershenson Tr Ua 081077
- Assets
- $3.1m
- Revenue
- $83.7k
- Investments
- $3.1m
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 07/2009
- Data as of
- 04/2023
- EIN
- 38-6454423
Organization Overview
Charles H Gershenson Tr Ua 081077 is located in Bloomfield Hills, MI. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Charles H Gershenson Tr Ua 081077 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 04/2023, Charles H Gershenson Tr Ua 081077 generated $83.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $311.3k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charles H Gershenson Tr Ua 081077 has awarded 14 individual grants totaling $812,783. 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 | $106,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,151 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,742 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $44,921 |
| 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 | $0 |
| Total operating and administrative expenses | $100,179 |
| Contributions, gifts, grants paid | $211,100 |
| Total expenses and disbursements | $311,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,458 |
| 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 | $765,777 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,133,472 |
| 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, Charles H Gershenson Tr Ua 081077 has awarded $211,100 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF MICHIGAN PURPOSE: TO PROMOTE EDUCATION THROUGH CAPITAL GRANTS AND/OR OPERATIONAL FUNDING TO THE SCHOOL OF MUSIC, THEATRE AND DANCE, MUSCULOSKELETAL MEDICINE, AND THE UNIVERSITY MUSICAL SOCIETY, AND ACADEMIC SUPPORT FOR STUDENT ATHLETES. | $81,000 |
JEWISH COMMUNITY CENTER PURPOSE: TO PROMOTE YEAR AROUND PROGRAMMING FOR FAMILIES, CONTINUE TO EXPAND AND DIVERSIFY LOCAL PROGRAMS AND PROVIDE THE FINEST EVENTS AND SERVICES WHERE EVERYONE IS WELCOME REGARDLESS OF AGE, GENDER, ETHNICITY, ABILITY OR FINANCIAL STATUS. | $60,000 |
WAYNE STATE UNIVERSITY PURPOSE: TO PROMOTE EDUCATION THROUGH GRANTS AND OTHER SCHOLARLY ACTIVITIES, INCLUDING A LONG-TERM ANNUAL STUDENT SCHOLARSHIP PROGRAM (FOUR $12,500 GRANTS) TO YEARLY ATTRACT AND RETAIN FOUR HIGHLY CREDENTIALED STUDENTS TO THE LAW SCHOOL WITH AN ACCOMPANYING COMMITMENT BY THE LAW SCHOOL TO MAINTAIN SUCH SCHOLARSHIPS IN SUCCEEDING YEARS BASED UPON ACADEMIC PERFORMANCE. FUNDING FOR "PLAIN ENGLISH FOR LAWYERS" PAMPHLET PROVIDED TO ALL FIRST-YEAR LAW STUDENTS AND SUPPORT FOR MEDICAL SCHOOL PROGRAM.. | $70,100 |