Julie Beren Platt & Marc E Platt Foundation Inc
- Assets
- $502.8k
- Revenue
- $37.2k
- Investments
- $383.2k
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 08/1991
- Data as of
- 12/2022
- EIN
- 48-1095623
Organization Overview
Julie Beren Platt & Marc E Platt Foundation Inc is located in Wichita, KS. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Julie Beren Platt & Marc E Platt Foundation Inc 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, Julie Beren Platt & Marc E Platt Foundation Inc generated $37.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $81.1k during the year ending 12/2022. While expenses have increased by 19.3% per year over the past 8 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 2018, Julie Beren Platt & Marc E Platt Foundation Inc has awarded 18 individual grants totaling $254,418. 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 |
|---|---|---|---|
Julie Beren Platt President | 1 | $0 | |
Marc E Platt Secretary | 1 | $0 | |
Julie Beren Platt Treasurer | 1 | $0 | |
Julie Beren Platt Assistant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $25,808 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,337 |
| Capital Gain Net Income | $11,337 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2 |
| Taxes | $125 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51 |
| Total operating and administrative expenses | $1,146 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $81,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,087 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $553 |
| 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 | $502,810 |
| 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, Julie Beren Platt & Marc E Platt Foundation Inc has awarded $80,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MT SINAI HEALTH SYSTEMS PURPOSE: GENERAL | $50,000 |
SIXPOINT PURPOSE: GENERAL | $30,000 |