Olive Dempsey Charitable Trust 124-0146977
- Assets
- $750.7k
- Revenue
- $24.1k
- Investments
- $730.8k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1999
- Data as of
- 12/2022
- EIN
- 43-1830734
Organization Overview
Olive Dempsey Charitable Trust 124-0146977 is located in Milwaukee, WI. The organization was established in 1999. 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. Olive Dempsey Charitable Trust 124-0146977 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 12/2022, Olive Dempsey Charitable Trust 124-0146977 generated $24.1k 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 (20.9%) each year. All expenses for the organization totaled $59.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Olive Dempsey Charitable Trust 124-0146977 has awarded 60 individual grants totaling $296,180. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,248 |
| Capital Gain Net Income | $6,248 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17 |
| Total Revenue | $24,107 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,756 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,507 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,843 |
| Contributions, gifts, grants paid | $39,880 |
| Total expenses and disbursements | $59,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,456 |
| 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 | $565,215 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $426 |
| Total assets | $750,709 |
| 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, Olive Dempsey Charitable Trust 124-0146977 has awarded $39,880 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HOME WORKS THVP PURPOSE: GENERAL OPERATING | $10,680 |
MEMORY CARE HOME SOLUTIONS PURPOSE: GENERAL OPERATING | $3,560 |
CENTER FOR HEARING SPEECH PURPOSE: GENERAL OPERATING | $3,560 |
THE LITTLE BIT FOUNDATION PURPOSE: GENERAL OPERATING | $7,120 |
BETHESDA HEALTH GROUP FOUNDATION OF ST L PURPOSE: GENERAL OPERATING | $3,560 |
ST JOSEPH INSTITUTE FOR THE DEAF PURPOSE: GENERAL OPERATING | $4,280 |