Wayne M Densch Charitable Trust
- Assets
- $28.2m
- Revenue
- $1.6m
- Investments
- $27.3m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 12/1998
- Data as of
- 12/2023
- EIN
- 59-7033503
Organization Overview
Wayne M Densch Charitable Trust is located in Orlando, FL. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne M Densch 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 12/2023, Wayne M Densch Charitable Trust generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wayne M Densch Charitable Trust has awarded 36 individual grants totaling $3,583,864. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard E Williams Jr Trustee | 0 | $0 | |
John A Williams Trustee | 0 | $0 | |
Michael Williams Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $314,701 |
| Dividends & Interest | $406,089 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $853,261 |
| Capital Gain Net Income | $853,261 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,457 |
| Total Revenue | $1,604,508 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,816 |
| Depreciation | $0 |
| Occupancy | $245,833 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,362 |
| Total operating and administrative expenses | $480,159 |
| Contributions, gifts, grants paid | $1,147,810 |
| Total expenses and disbursements | $1,627,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,784 |
| Savings and temporary cash investments | $743,523 |
| 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 | $28,159,048 |
| 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, Wayne M Densch Charitable Trust has awarded $1,147,810 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
100 BLACK MEN OF ORLANDO PURPOSE: SCHOLARSHIPS | $50,000 |
CENTRAL FLORIDA ZOO & BOTANICAL GAR PURPOSE: FREE ADMISSIONS/ DISTANCE LEARNING | $37,075 |
BOY SCOUTS OF AMERICA PURPOSE: GENERAL OPERATING EXPENSE | $61,500 |
CENTRAL FLORIDA YMCA PURPOSE: GENERAL OPERATING EXPENSE | $200,000 |
CHANCE 2 DANCE INC PURPOSE: GENERAL OPERATING EXPENSE | $45,000 |
DARRELL ARMSTRONG FOUNDATION PURPOSE: GENERAL OPERATING EXPENSE | $25,000 |