Laura Lee Patillo Norquist Chrtbl Fndn Tr Ua 102694 - No 24-6730-07
- Assets
- $8.3m
- Revenue
- $265.9k
- Investments
- $4.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/1994
- Data as of
- 12/2020
- EIN
- 63-6189797
Organization Overview
Laura Lee Patillo Norquist Chrtbl Fndn Tr Ua 102694 - No 24-6730-07 is located in Wilmington, DE. The organization was established in 1994. 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. Laura Lee Patillo Norquist Chrtbl Fndn Tr Ua 102694 - No 24-6730-07 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 12/2020, Laura Lee Patillo Norquist Chrtbl Fndn Tr Ua 102694 - No 24-6730-07 generated $265.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $487.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Laura Lee Patillo Norquist Chrtbl Fndn Tr Ua 102694 - No 24-6730-07 has awarded 176 individual grants totaling $2,996,583. 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 |
|---|---|---|---|
Name Not Listed Committe Member | 1 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $147,846 |
| Net Rental Income | $13,318 |
| Net Gain on Sale of Assets | $94,073 |
| Capital Gain Net Income | $94,073 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $265,903 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,956 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,724 |
| Depreciation | $21,333 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,520 |
| Total operating and administrative expenses | $122,932 |
| Contributions, gifts, grants paid | $364,126 |
| Total expenses and disbursements | $487,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,328 |
| Savings and temporary cash investments | $1,006,115 |
| 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 | $2,317,528 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $378,164 |
| Other assets | $0 |
| Total assets | $8,333,904 |
| 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, Laura Lee Patillo Norquist Chrtbl Fndn Tr Ua 102694 - No 24-6730-07 has awarded $728,252 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
UMS-WRIGHT PREPARATORY SCHOOL PURPOSE: GENERAL FUNDING | $40,000 |
UMS-WRIGHT PREPARATORY SCHOOL PURPOSE: GENERAL FUNDING | $40,000 |
Mobile, AL PURPOSE: GENERAL FUNDING | $25,000 |
BRIARWOOD CHRISTIAN SCHOOL PURPOSE: EDUCATION | $25,000 |
Jacksonville, FL PURPOSE: GENERAL FUNDING | $25,000 |
Jacksonville, FL PURPOSE: GENERAL FUNDING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Walder Family Foundation Wilmington, DE | $215,951,796 | $11,130,940 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Max Stenbeck Foundation Wilmington, DE | $3,203,232 | $39,728,528 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |
Quantitative Foundation Philadelphia, PA | $101,541,098 | -$10,401,387 |
J N Pew Jr Charitable Trust Philadelphia, PA | $309,649,040 | $25,152,087 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |