William H And Beverly J Channell Foundation
- Assets
- $52.3k
- Revenue
- $36.2k
- Investments
- $36.0k
- Employees
- 0
- Location
- Clive, IA
- Founding
- 07/1998
- Data as of
- 12/2023
- EIN
- 42-1474460
Organization Overview
William H And Beverly J Channell Foundation is located in Clive, IA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. William H And Beverly J Channell Foundation 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 12/2023, William H And Beverly J Channell Foundation generated $36.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $28.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William H And Beverly J Channell Foundation has awarded 56 individual grants totaling $299,993. 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 | $35,000 |
| Interest on Savings | $77 |
| Dividends & Interest | $1,164 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $305 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,860 |
| Contributions, gifts, grants paid | $23,111 |
| Total expenses and disbursements | $27,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,328 |
| Savings and temporary cash investments | $0 |
| 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 | $35,961 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $52,289 |
| 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, William H And Beverly J Channell Foundation has awarded $23,111 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST CHURCH OF THE OPEN BIBLE PURPOSE: CHARITY | $20,101 |
WORLD VISION INT'L PURPOSE: CHARITY | $890 |
INNER CITY - CRU PURPOSE: CHARITY | $1,100 |
VARIOUS OTHER CHRUCH GROUPS IN DES MOINES PURPOSE: CHARITY | $1,020 |