Lawrence R Nell Trust
- Assets
- $479.5k
- Revenue
- $15.4k
- Investments
- $427.9k
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 12/1984
- Data as of
- 09/2023
- EIN
- 48-6274160
Organization Overview
Lawrence R Nell Trust is located in Wichita, KS. The organization was established in 1984. 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. Lawrence R Nell 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 09/2023, Lawrence R Nell Trust generated $15.4k 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 (11.5%) each year. All expenses for the organization totaled $44.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lawrence R Nell Trust has awarded 25 individual grants totaling $119,000. 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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,767 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,584 |
| Capital Gain Net Income | $2,584 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,351 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,287 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $394 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,715 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $44,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,564 |
| 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 | $479,471 |
| 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, Lawrence R Nell Trust has awarded $32,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
VI LE PURPOSE: PAYMENTS TO UNIVERSITIES | $5,000 |
HASSAN ZBEEB PURPOSE: PAYMENTS TO UNIVERSITIES | $5,000 |
KENNETH CAIN PURPOSE: PAYMENTS TO UNIVERSITIES | $5,000 |
MATTHEW PHILLIPS PURPOSE: PAYMENTS TO UNIVERSITIES | $3,000 |
JULIA HOWEY PURPOSE: PAYMENTS TO UNIVERSITIES | $3,000 |
MADISON MCMILLIAN PURPOSE: PAYMENTS TO UNIVERSITIES | $3,000 |