Turek Charitable Tr
- Assets
- $644.5k
- Revenue
- $18.3k
- Investments
- $400.0k
- Employees
- 0
- Location
- New Berlin, WI
- Founding
- 07/2012
- Data as of
- 12/2023
- EIN
- 45-3578416
Organization Overview
Turek Charitable Tr is located in New Berlin, WI. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Turek Charitable Tr 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, Turek Charitable Tr generated $18.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $37.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Turek Charitable Tr has awarded 60 individual grants totaling $123,300. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,308 |
| Dividends & Interest | $12,968 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,276 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $81 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,212 |
| Contributions, gifts, grants paid | $27,450 |
| Total expenses and disbursements | $37,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,277 |
| Savings and temporary cash investments | $216,258 |
| 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 | $644,535 |
| 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, Turek Charitable Tr has awarded $27,450 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
MISERICORDIA HEART OF MERCY FOUNDATION PURPOSE: OPERSTING SUPPORT | $500 |
ST ELIZABETH ANN SETON CHURCH PURPOSE: OPERATING SUPPORT | $1,000 |
MAKE A WISH WISCONSIN PURPOSE: OPERATING SUPPORT | $2,500 |
LIFE NAVIGATORS PURPOSE: OPERATING SUPPORT | $3,000 |
ZOOLOGICAL SOCIETY OF MILWAUKEE PURPOSE: OPERATING SUPPORT | $3,200 |
META HOUSE PURPOSE: OPERATING SUPPORT | $500 |