Powers-Wolfe Charitable Trust
- Assets
- $12.0m
- Revenue
- -$415.2k
- Investments
- $11.7m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 39-6609049
Organization Overview
Powers-Wolfe Charitable Trust is located in Madison, WI. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Powers-Wolfe Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Powers-Wolfe Charitable Trust has awarded 96 individual grants totaling $1,318,500. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas R Wolfe Trustee | 1 | $0 | |
Patricia A Powers Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $235,333 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$650,526 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$415,193 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,823 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $100,930 |
| Contributions, gifts, grants paid | $657,500 |
| Total expenses and disbursements | $758,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $294,545 |
| 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 | $1,846,680 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,001,735 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $664,000 |
| 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 | $664,000 |
Grants Awarded
Over the last fiscal year, Powers-Wolfe Charitable Trust has awarded $657,500 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION OF WISCONSIN PURPOSE: GENERAL PURPOSE | $5,000 |
AGRACE FOUNDATION PURPOSE: GENERAL PURPOSE | $2,500 |
ALNC PURPOSE: GENERAL PURPOSE | $2,500 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL PURPOSE | $1,000 |
ALZHEIMER'S DISEASE RESEARCH PURPOSE: GENERAL PRUPOSE | $2,000 |
AMERICAN FRIENDS SERVICE COMMITTEE PURPOSE: GENERAL PURPOSE | $2,500 |