Richard Kalvelage Gift Trust
- Assets
- $830.8k
- Revenue
- $276.0k
- Investments
- $2.9k
- Employees
- 0
- Location
- Neligh, NE
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 47-6234969
Organization Overview
Richard Kalvelage Gift Trust is located in Neligh, NE. The organization was established in 2005. 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. Richard Kalvelage Gift 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 12/2021, Richard Kalvelage Gift Trust generated $276.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $511.6k during the year ending 12/2021. While expenses have increased by 16.5% per year over the past 6 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, Richard Kalvelage Gift Trust has awarded 74 individual grants totaling $260,550. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $68 |
| Dividends & Interest | $3,052 |
| Net Rental Income | -$315,749 |
| Net Gain on Sale of Assets | $114,792 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $276,018 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,185 |
| Taxes | $24,107 |
| Depreciation | $15,355 |
| Occupancy | $3,000 |
| Travel, conferences, and meetings | $1,853 |
| Printing and publications | $0 |
| Other expenses | $378,632 |
| Total operating and administrative expenses | $466,670 |
| Contributions, gifts, grants paid | $44,900 |
| Total expenses and disbursements | $511,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,822 |
| 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 | $825,048 |
| Other assets | $0 |
| Total assets | $830,766 |
| 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 | $16,682 |
| Total liabilities | $16,682 |
Grants Awarded
Over the last fiscal year, Richard Kalvelage Gift Trust has awarded $44,900 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
TINTERN RETREAT CENTER PURPOSE: COMMUNITY ACTIVITY | $5,000 |
Neligh, NE PURPOSE: UNRESTRICTED | $5,000 |
BRUNSWICK CONGREGATIONAL CHURCH PURPOSE: UNRESTRICTED | $5,000 |
BRUNSWICK CONGREGATIONAL CHURCH PURPOSE: UNRESTRICTED | $5,000 |
Elgin, NE PURPOSE: COMMUNITY ACTIVITY | $5,000 |
CAREY CHARITABLE TRUST PURPOSE: UNRESTRICTED | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Richard Kalvelage Gift Trust has recieved totaling $115,000.
| Awarding Organization | Amount |
|---|---|
Emery And Maxine Carey Charitable Tr Neligh, NE PURPOSE: FOR GENERAL OPERATING SUPPORT | $115,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Suzanne And Walter Scott Foundation Omaha, NE | $379,612,870 | $69,664,147 |
Herschend Family Entertainment Corporation Beneficiary Trust Branson, MO | $4,577,294 | $15,681,690 |
The Global Orphan Project Inc Kansas City, MO | $12,087,754 | $16,385,536 |
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Steel & Pipe Supply Company Inc Voluntary Employees Beneficiary Tr Manhattan, KS | $1,575,827 | $5,668,085 |
William H And Carrie Gottsche Foundation Thermopolis, WY | $15,267,869 | $5,413,273 |
Eric P And Evelyn Newman Charitable Foundation Saint Louis, MO | $112,434,986 | $5,417,714 |
Hennessey Charitable Trust Dubuque, IA | $69,986,391 | $0 |
Emerald Gate Charitable Trust Jackson, WY | $143,120,759 | $36,236,406 |
Marvin S Robinson Charitable Tr Manhattan, KS | $11,920,559 | $11,406,956 |
Marie H Bechtel Charitable Trust Davenport, IA | $48,721,172 | $1,150,391 |
Interco Charitable Trust St Louis, MO | $0 | $2,555,755 |