Charitable Foundation Usa
- Assets
- $2.2m
- Revenue
- $69.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Saint Louis, MO
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 43-1783807
Organization Overview
Charitable Foundation Usa, operating under the name co The Wise Accounting Group L, is located in Saint Louis, MO. The organization was established in 1998. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. co The Wise Accounting Group L 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, co The Wise Accounting Group L generated $69.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $146.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, co The Wise Accounting Group L has awarded 89 individual grants totaling $650,905. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP/SUSTAIN, WITHIN SCOPE OF IRC SECT 501(C)(3), CRITICAL MASS OF SOCIAL COHESION BY (1) SUPPORTING PHILANTHROPY, (2) SHARING GIFTS/GRANTS WITH OTHER CHARITIES, AND (3) DEVELOPING AND EXECUTING PROGRAMS THAT FURTHER SOCIAL COHESION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARING GIFTS AND ISSUING GRANTS BY ADMINISTERING SIX DONOR ADVISED FUNDS, THREE ENDOWMENTS, AND FIVE CHARITABLE REMAINDER TRUSTS, AND MAKING GRANTS TO OTHER CHARITIES.
SUPPORTING PHILANTHROPY, FUNDRAISING, CORRESPOND WITH ADVISORS AND DONORS TO SECURE GIFTS AND ISSUE GRANTS.
DEVELOPING AND EXECUTING EDUCATIONAL AND OTHER PROGRAMS TO FURTHER SOCIAL COHESION. CONTINUED PROGRESS IN RESEARCH AND WRITING EDUCATIONAL MATERIALS AND DEVELOP SUPPORT SYSTEMS WITH PLAN TO PUBLICLY LAUNCH THE PROGRAM IN YEAR 2025.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel H Jones Sr President | OfficerTrustee | 10 | $28,850 |
Richard Wise Vice President | OfficerTrustee | 0 | $0 |
David Schulze Secretary | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,811 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,811 |
| Total Program Service Revenue | $1,331 |
| Investment income | $45,792 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,090 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,670 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $28,850 |
| Compensation of current officers, directors, key employees. | $28,850 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,207 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $6,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $768 |
| Information technology | $1,201 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53 |
| Insurance | $0 |
| All other expenses | $602 |
| Total functional expenses | $146,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,502 |
| Savings and temporary cash investments | $4,264 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $352 |
| Investments—publicly traded securities | $2,131,422 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,198,540 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,198,540 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,198,540 |
Grants Awarded
Over the last fiscal year, Charitable Foundation Usa has awarded $75,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ST HELENA MONTESSORI SCHOOL PURPOSE: general support | $10,800 |
VOCAL ARTS ENSEMBLE - NEW PURPOSE: General support | $10,800 |
CHAMINADE COLLEGE PREPARATORY SCHOOL PURPOSE: General support | $7,500 |
ST MARY CHURCH HYDE PARK PURPOSE: General support | $10,800 |
INSPIRE INC PURPOSE: General support | $6,800 |
AFTER THE HARVEST PURPOSE: General support | $5,800 |