William And Mary Louise Christovich Charitable Foundation
- Assets
- $473.6k
- Revenue
- $37.6k
- Investments
- $466.9k
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 46-4337517
Organization Overview
William And Mary Louise Christovich Charitable Foundation is located in New Orleans, LA. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. William And Mary Louise Christovich Charitable 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 12/2021, William And Mary Louise Christovich Charitable Foundation generated $37.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $35.8k during the year ending 12/2021. While expenses have increased by 15.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William And Mary Louise Christovich Charitable Foundation has awarded 39 individual grants totaling $134,929. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Elise Grote Vice-President | 1 | $0 | |
Jeffrey James Christovich Secretary | 1 | $0 | |
Michael Mossy Christovich Vice-President, President | 1 | $0 | |
Terry Christovich Gay Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,104 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,495 |
| Capital Gain Net Income | $29,495 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,599 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,811 |
| Contributions, gifts, grants paid | $27,000 |
| Total expenses and disbursements | $35,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,733 |
| 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 | $473,614 |
| 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, William And Mary Louise Christovich Charitable Foundation has awarded $27,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
TEAM GLEASON FOUNDATION PURPOSE: OPERATING EXPENSE | $14,250 |
CHILDREN'S TUMOR FOUNDATION PURPOSE: OPERATING EXPENSE | $6,750 |
TULANE LAW SCHOOL PURPOSE: OPERATING EXPENSE | $2,500 |
New Orleans, LA PURPOSE: OPERATING EXPENSE | $2,500 |
A'S & ACES PURPOSE: OPERATING EXPENSE | $500 |
New Orleans, LA PURPOSE: OPERATING EXPENSE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John G Kenedy Jr Charitable Trust San Antonio, TX | $156,709,366 | $16,142,301 |
Bnsf Foundation Fort Worth, TX | $5,580,534 | $10,145,505 |
Walter S & Evan C Jones Trust Bank Iv Kansas Na Ttee Dallas, TX | $63,158,301 | $11,519,606 |
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX | $135,188,288 | $6,250,331 |
Charles G Woodward Tr Uw Dallas, TX | $129,576,152 | $18,439,245 |
John G Kenedy Jr Charitable Tr -Surface Estate Tr San Antonio, TX | $47,111,872 | $10,559,440 |
Mccombs Enterprises Flexible Benefit Cafeteria Plan & Trust San Antonio, TX | $5,330,904 | $6,919,349 |
David M Crowley Foundation Dallas, TX | $161,428,863 | $16,560,741 |
El Rosario Charitable Trust Brownsville, TX | $1,099,454 | $4,709,069 |
Mark Cuban Foundation Dallas, TX | $5,850,993 | $574,469 |
La Merced Charitable Trust Brownsville, TX | $813,196 | $4,498,919 |
Curtis C Gunn Inc Welfare Benefit Trust San Antonio, TX | $2,229,108 | $5,331,423 |