Charles E Fahrney Education Foundation
- Assets
- $4.6m
- Revenue
- $189.7k
- Investments
- $4.5m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 00/0000
- Data as of
- 02/2023
- EIN
- 42-6295370
Organization Overview
Charles E Fahrney Education Foundation is located in Milwaukee, WI. The organization was established in 0000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles E Fahrney Education 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 02/2023, Charles E Fahrney Education Foundation generated $189.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $343.8k during the year ending 02/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles E Fahrney Education Foundation has awarded 149 individual grants totaling $2,015,775. 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 | $105,448 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,162 |
| Capital Gain Net Income | $83,162 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,047 |
| Total Revenue | $189,657 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,431 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,025 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,964 |
| Total operating and administrative expenses | $62,420 |
| Contributions, gifts, grants paid | $281,400 |
| Total expenses and disbursements | $343,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,645 |
| 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 | $4,462,316 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,608,961 |
| 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, Charles E Fahrney Education Foundation has awarded $281,400 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF IOWA PURPOSE: SCHOLARSHIP | $63,650 |
INDIAN HILLS COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $33,500 |
IOWA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $26,800 |
GRAND VIEW UNIVERSITY PURPOSE: SCHOLARSHIPS | $6,700 |
WILLIAM PENN UNIVERSITY PURPOSE: SCHOLARSHIPS | $3,350 |
COE COLLEGE PURPOSE: SCHOLARSHIPS | $6,700 |