Beth E Reinhart Charitable Trust
- Assets
- $4.2m
- Revenue
- $122.6k
- Investments
- $3.1m
- Employees
- 0
- Location
- Mason City, IA
- Founding
- 03/2015
- Data as of
- 06/2023
- EIN
- 47-2304877
Organization Overview
Beth E Reinhart Charitable Trust is located in Mason City, IA. The organization was established in 2015. 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. Beth E Reinhart Charitable Trust 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 06/2023, Beth E Reinhart Charitable Trust generated $122.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $238.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Beth E Reinhart Charitable Trust has awarded 363 individual grants totaling $1,689,170. 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 |
|---|---|---|---|
Sandra Benson Trustee | 5 | $5,000 | |
Gary Benson Trustee | 2 | $3,000 | |
Roberta Anderson Trustee | 2 | $3,000 | |
Roberta Cornelius Trustee | 2 | $3,000 | |
Charlene Strain Trustee | 2 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25,047 |
| Dividends & Interest | $90,351 |
| Net Rental Income | $15,960 |
| Net Gain on Sale of Assets | -$11,034 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $122,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,057 |
| Depreciation | $0 |
| Occupancy | $2,280 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $297 |
| Other expenses | $1,014 |
| Total operating and administrative expenses | $27,073 |
| Contributions, gifts, grants paid | $211,266 |
| Total expenses and disbursements | $238,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $248,599 |
| 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 | $843,926 |
| Investments—mortgage loans | $0 |
| Investments—other | $319,926 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,197,152 |
| 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, Beth E Reinhart Charitable Trust has awarded $211,266 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
AG IN THE CLASSROOM PURPOSE: EXPANSION OF AG EDUCATION WEEK | $5,000 |
CASA PURPOSE: TRAINING ON CHILD WELFARE | $3,000 |
CITY OF MARBLE ROCK PURPOSE: CITY PARK BATHROOM IMPROVEMENTS | $2,000 |
AVALON CENTER PURPOSE: FUND EQUIPMENT FOR PROGRAMS | $5,000 |
GREENE GOLDEN EAGLES 4H CLUB PURPOSE: TRAVEL/MATERIAL FEE - WOOD WORKSHOP | $600 |
HAMPTON COMMUNITY DAYCARE PURPOSE: GEOTHERMAL COMPRESSOR FOR GYM | $2,000 |