Gladys Neubauer Tr 31-1805-00-6 is located in Birmingham, AL. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Gladys Neubauer Tr 31-1805-00-6 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 02/2022, Gladys Neubauer Tr 31-1805-00-6 generated $19.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $23.3k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXCERPT FROM THE LAST WILL AND TESTAMENT OF GLADYS NEUBAUER, PART VI.(C), WHICH ESTABLISHED THE FOUNDATION: "...THE GLADYS NEUBAUER TRUST SHALL BE CONTINUED FOR THE PURPOSE OF MEDICAL RESEARCH. IT IS MY INTENTION, AND I HEREBY DIRECT, THAT THE NET INCOME FROM THE GLADYS NEUBAUER TRUST SHALL BE DISTRIBUTED ANNUALLY TO PERSONS AND/OR INSTITUTIONS ENGAGED IN MEDICAL TRAINING, AND/OR RESEARCH AND THIS LIMITATION SHALL BE BROADLY INTERPRETED. SUCH NET INCOME MAY BE USED FOR SCHOLARSHIPS, TUITION PAYMENTS, BOARD, ROOM, CLOTHING AND ANY OTHER COSTS CONNECTED WITH THE EDUCATION OF ANY STUDENT OR STUDENTS IN THE MEDICAL FIELD AND MAY ALSO BE USED FOR GRANTS TO MEDICAL SCHOOLS, UNIVERSITIES OR COLLEGES, NURSING SCHOOLS, TECHNICAL SCHOOLS OR ANY OTHER INSTITUTION INVOLVED IN THE FIELD OF MEDICINE. AS ADVISOR TO THE TRUSTEES IN CARRYING OUT THESE PURPOSES, I SELECT THE SUPERINTENDENT OF SCHOOLS IN WATERLOO, IOWA COMMUNITY SCHOOL DISTRICT, THE CEDAR FALLS, IOWA SCHOOL DISTRICT AND THE BLACK HAWK CO
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $6,664 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $12,365 |
Capital Gain Net Income | $12,297 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $19,029 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $5,821 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $137 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $6,978 |
Contributions, gifts, grants paid | $16,281 |
Total expenses and disbursements | $23,259 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,655 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $293,866 |
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 |
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