Frank M & Alice M Farr Trust is located in Aurora, NE. The organization was established in 0000. 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. Frank M & Alice M Farr 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 12/2022, Frank M & Alice M Farr Trust generated $82.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $309.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Frank M & Alice M Farr Trust has awarded 33 individual grants totaling $705,615. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heritage Bank Co-Trustee | 5 | $37,319 | |
Emily Jasnowski Co-Trustee | 1 | $3,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $6,084 |
Dividends & Interest | $67,893 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $6,780 |
Capital Gain Net Income | $6,780 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $1,636 |
Total Revenue | $82,393 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $40,319 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $6,341 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $48,185 |
Contributions, gifts, grants paid | $261,186 |
Total expenses and disbursements | $309,371 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $650,071 |
Savings and temporary cash investments | $0 |
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 | $4,115,592 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $4,846,253 |
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 |
Over the last fiscal year, Frank M & Alice M Farr Trust has awarded $261,186 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
CITY OF AURORA PURPOSE: COLUMBARIUM PROJECT | $7,000 |
GO BIG GIVE PURPOSE: EDGERTON CENTER | $9,998 |
HAMILTON RECREATION INC PURPOSE: DAVIDSON ZEN ROOM / YOUTH CENTER | $16,500 |
HAMILTON RECREATION INC PURPOSE: CINEMA REPAIRS & IMPROVEMENTS | $18,102 |
HAMILTON COUNTY HISTORICAL SOCIETY PURPOSE: PHASE 5 AG BUILDING | $61,638 |
HAMILTON COUNTY FOOD PANTRY PURPOSE: CAN CARE-A-VAN | $2,500 |