Edwards Memorial Trust
- Assets
- $14.6m
- Revenue
- $692.0k
- Investments
- $11.8m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 04/1975
- Data as of
- 12/2022
- EIN
- 41-6011292
Organization Overview
Edwards Memorial Trust is located in Milwaukee, WI. The organization was established in 1975. 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. Edwards Memorial Trust 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 12/2022, Edwards Memorial Trust generated $692.0k 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 (6.8%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edwards Memorial Trust has awarded 111 individual grants totaling $3,297,622. 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 | $463,488 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $213,521 |
| Capital Gain Net Income | $213,521 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,020 |
| Total Revenue | $692,029 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $153,928 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,094 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,657 |
| Total operating and administrative expenses | $178,379 |
| Contributions, gifts, grants paid | $1,332,622 |
| Total expenses and disbursements | $1,511,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,554 |
| Savings and temporary cash investments | $2,731,081 |
| 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 | $10,500,335 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $20,053 |
| Total assets | $14,578,320 |
| 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, Edwards Memorial Trust has awarded $1,332,622 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S DENTAL SERVICES PURPOSE: GENERAL OPERATING | $15,000 |
OPEN ARMS OF MINNESOTA PURPOSE: GENERAL OPERATING | $25,000 |
FRASER PURPOSE: GENERAL OPERATING | $25,000 |
COMMUNITY DENTAL CARE PURPOSE: GENERAL OPERATING | $28,455 |
TUBMAN PURPOSE: GENERAL OPERATING | $20,000 |
SECOND HARVEST HEARTLAND PURPOSE: GENERAL OPERATING | $10,000 |