Charter Manufacturing Company Foundation Inc
- Assets
- $0.0
- Revenue
- $2.1m
- Investments
- $13.2m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1984
- Data as of
- 12/2021
- EIN
- 39-1486363
Organization Overview
Charter Manufacturing Company Foundation Inc is located in Milwaukee, WI. The organization was established in 1984. 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. Charter Manufacturing Company Foundation Inc 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 12/2021, Charter Manufacturing Company Foundation Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.7% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 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 2015, Charter Manufacturing Company Foundation Inc has awarded 319 individual grants totaling $34,945,425. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda T Mellowes President/dir | 2 | $0 | |
John A Mellowes Vp/treas/dir | 0 | $0 | |
Nathan R Mathews Secretary/dir | 0 | $0 | |
Charles A Mellowes Director | 0 | $0 | |
John W Mellowes Director | 0 | $0 | |
Kathleen J Mellowes Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $4,576 |
| Dividends & Interest | $285,831 |
| Profit on Inventory Sales | $0 |
| Other Income | -$47,498 |
| Total Revenue | $2,122,994 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $24,124 |
| Contributions, gifts, grants paid | $1,318,525 |
| Total expenses and disbursements | $1,342,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $13,214,701 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Charter Manufacturing Company Foundation Inc has awarded $1,337,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
MILWAUKEE ART MUSEUM INC PURPOSE: GENERAL OPERATING SUPPORT / CAPITAL CAMPAIGN | $5,000 |
TRUSTEES OF PRINCETON UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
GREATER MILWAUKEE FOUNDATION INC PURPOSE: SUPPORT INTERNSHIP | $100,000 |
UNITED WAY OF GREATER MILWAUKEE INC PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
YMCA OF METROPOLITAN MILWAUKEE PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
MILWAUKEE SCHOOL OF ENGINEERING PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |