Clarence & Olive Miksch Richards Scholarship Fund Tr 30111115090400
- Assets
- $551.2k
- Revenue
- $78.1k
- Investments
- $538.0k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 02/1998
- Data as of
- 12/2021
- EIN
- 39-6672759
Organization Overview
Clarence & Olive Miksch Richards Scholarship Fund Tr 30111115090400 is located in Milwaukee, WI. The organization was established in 1998. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clarence & Olive Miksch Richards Scholarship Fund Tr 30111115090400 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, Clarence & Olive Miksch Richards Scholarship Fund Tr 30111115090400 generated $78.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $35.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Clarence & Olive Miksch Richards Scholarship Fund Tr 30111115090400 has awarded 29 individual grants totaling $109,599. 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 | $14,445 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $63,608 |
| Capital Gain Net Income | $63,608 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,053 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,315 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $306 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,121 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $35,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,572 |
| 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 | $317,836 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $650 |
| Total assets | $551,187 |
| 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 & Olive Miksch Richards Scholarship Fund Tr 30111115090400 has awarded $25,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
KIRKWOOD COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $9,150 |
Pella, IA PURPOSE: SCHOLARSHIP | $4,750 |
UNIVERSITY OF IOWA PURPOSE: SCHOLARSHIP | $3,500 |
Cedar Falls, IA PURPOSE: SCHOLARSHIP | $1,900 |
Ames, IA PURPOSE: SCHOLARSHIP | $1,900 |
Cedar Rapids, IA PURPOSE: SCHOLARSHIP | $1,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fabricators & Manufacturers Association International Elgin, IL | $36,664,883 | $10,492,496 |
St Josephs Home Of Springfield Springfield, IL | $6,765,138 | -$5,947,093 |
Plain Church Medical Group Inc Arthur, IL | $1,903,756 | $9,584,459 |
Lutheran Home For The Aged Development Corp Prairie View Luth Danforth, IL | $5,765,834 | $9,143,268 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
St Francis Home Breckenridge, MN | $31,134,827 | $7,139,521 |
United Methodist Village Retirement Communities Inc Godfrey, IL | $18,283,549 | $6,023,474 |
Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Faith Lutheran Home Osage, IA | $4,614,532 | $5,533,666 |
Guiding Light Mission Inc Grand Rapids, MI | $5,495,648 | $6,134,188 |
Chicago Rabbinical Council Inc Chicago, IL | $6,219,838 | $5,737,352 |