Clarence Talen Charitable Trust First Bank And Trust Ttee
- Assets
- $1.2m
- Revenue
- $50.4k
- Investments
- $1.2m
- Employees
- 0
- Location
- Eau Claire, WI
- Founding
- 08/1987
- Data as of
- 12/2023
- EIN
- 39-6438509
Organization Overview
Clarence Talen Charitable Trust First Bank And Trust Ttee is located in Eau Claire, WI. The organization was established in 1987. 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. Clarence Talen Charitable Trust First Bank And Trust Ttee 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, Clarence Talen Charitable Trust First Bank And Trust Ttee generated $50.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $76.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clarence Talen Charitable Trust First Bank And Trust Ttee has awarded 199 individual grants totaling $272,930. 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 | $36,165 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,275 |
| Capital Gain Net Income | $14,275 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,934 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $146 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,080 |
| Contributions, gifts, grants paid | $62,500 |
| Total expenses and disbursements | $76,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,754 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,174,324 |
| 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, Clarence Talen Charitable Trust First Bank And Trust Ttee has awarded $62,500 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF MENOMONIE PURPOSE: GENERAL OPERATIONS | $750 |
CALVIN COLLEGE & SEMINARY PURPOSE: GENERAL OPERATIONS | $6,250 |
CEDARBROOK CHURCH PURPOSE: GENERAL OPERATIONS | $1,040 |
CHIPPEWA VALLEY COUNCIL BOY SCOUTS PURPOSE: GENERAL OPERATIONS | $400 |
CHRIST LUTHERAN CHURCH PURPOSE: GENERAL OPERATIONS | $1,040 |
COLFAX LUTHERAN CHURCH PURPOSE: GENERAL OPERATIONS | $520 |