The Hallet Charitable Trust is located in Milwaukee, WI. The organization was established in 1978. 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. Hallet 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.
For the year ending 11/2023, Hallet Charitable Trust generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.0% each year . All expenses for the organization totaled $491.4k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Hallet Charitable Trust has awarded 73 individual grants totaling $1,979,932. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Us Bank Na Co-Trustee | 1 | $54,026 | |
Desiree Parker Co-Trustee | 4 | $12,500 | |
Kirk A Springsted Co-Trustee | 4 | $12,500 | |
Margaret Poley Co-Trustee | 4 | $12,500 | |
Paul Justin Schliesman Co-Trustee | 4 | $12,500 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $210,466 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,679,662 |
Capital Gain Net Income | $1,679,662 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $25,536 |
Total Revenue | $1,915,664 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $104,026 |
Other employee salaries and wages | $24,571 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $4,737 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $1,805 |
Printing and publications | $0 |
Other expenses | $9,381 |
Total operating and administrative expenses | $156,505 |
Contributions, gifts, grants paid | $334,884 |
Total expenses and disbursements | $491,389 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $271,846 |
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 | $5,448,217 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $8,210,940 |
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 |
Over the last fiscal year, The Hallet Charitable Trust has awarded $334,884 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
CHRISTIAN HERALD ASSOCIATION PURPOSE: GENERAL OPERATING | $16,706 |
GIRL SCOUTS OF THE USA PURPOSE: GENERAL OPERATING | $3,342 |
BOY SCOUTS OF AMERICA PURPOSE: GENERAL OPERATING | $3,342 |
PRESBYTERIAN CHURCH (USA) FDN PURPOSE: GENERAL OPERATING | $16,706 |
MOODY BIBLE INSTITUTE OF CHICAGO PURPOSE: GENERAL OPERATING | $50,114 |
MCCORMICK THEOLOGICAL SEMINARY PURPOSE: GENERAL OPERATING | $26,726 |