Marie Paulson Wold Charitable Tr 050012485000
- Assets
- $762.7k
- Revenue
- $68.7k
- Investments
- $737.8k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 41-6577260
Organization Overview
Marie Paulson Wold Charitable Tr 050012485000 is located in Milwaukee, WI. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public 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. Marie Paulson Wold Charitable Tr 050012485000 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, Marie Paulson Wold Charitable Tr 050012485000 generated $68.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $68.2k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Marie Paulson Wold Charitable Tr 050012485000 has awarded 18 individual grants totaling $180,646. 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 |
|---|---|---|---|
Us Bank N A Trustee | 1 | $15,738 | |
Susan Redmond Trustee | 1 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,192 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,532 |
| Capital Gain Net Income | $47,532 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,724 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,238 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $892 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $20,655 |
| Contributions, gifts, grants paid | $47,502 |
| Total expenses and disbursements | $68,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,438 |
| 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 | $92,313 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $502 |
| Total assets | $762,699 |
| 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, Marie Paulson Wold Charitable Tr 050012485000 has awarded $47,502 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE MOLLY MALONE CHOTTEPANDA FNDTN PURPOSE: GENERAL OPERATING | $7,917 |
Minneapolis, MN PURPOSE: GENERAL OPERATING | $7,917 |
Minneapolis, MN PURPOSE: GENERAL OPERATING | $7,917 |
CHEF LUCAS FOOD PURPOSE: GENERAL OPERATING | $7,917 |
CRESCENT COVE PURPOSE: GENERAL OPERATING | $7,917 |
YOUTH AND FARM PROJECT PURPOSE: GENERAL OPERATING | $7,917 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
Community Foundation For The Land Of Lincoln Inc Springfield, IL | $62,800,465 | $16,636,147 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Chicago Cubs Charities Chicago, IL | $11,765,252 | $2,315,259 |
Delta Dental Of Illinois Foundation Naperville, IL | $25,024,389 | $3,455,775 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Detroit Childrens Fund Detroit, MI | $4,764,612 | $6,678,705 |
Chicago Scholarship Fund Inc Chicago, IL | $0 | $5,200,805 |
Mercy Health Corporation Rockford, IL | $1,246,524,503 | $10,286,365 |