B A & E A Steinhagen Benevolent Trust
- Assets
- $7.3m
- Revenue
- $321.2k
- Investments
- $6.8m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 03/1952
- Data as of
- 12/2022
- EIN
- 74-6039544
Organization Overview
B A & E A Steinhagen Benevolent Trust is located in New Orleans, LA. The organization was established in 1952. 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. B A & E A Steinhagen Benevolent 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 12/2022, B A & E A Steinhagen Benevolent Trust generated $321.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $456.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, B A & E A Steinhagen Benevolent Trust has awarded 56 individual grants totaling $984,746. 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 | $141,946 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $162,827 |
| Capital Gain Net Income | $162,827 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,412 |
| Total Revenue | $321,185 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $83,824 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,266 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,927 |
| Total operating and administrative expenses | $128,903 |
| Contributions, gifts, grants paid | $327,126 |
| Total expenses and disbursements | $456,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $494,891 |
| 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 | $6,756,043 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $51,302 |
| Total assets | $7,302,236 |
| 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, B A & E A Steinhagen Benevolent Trust has awarded $327,126 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
NUTRITION & SERVICES FOR S PURPOSE: CHARITABLE | $22,000 |
SOUTHEAST TEXAS NONPROFIT PURPOSE: CHARITABLE | $29,000 |
BOY'S HAVEN OF AMERICA INC PURPOSE: GENERAL OPERATING | $30,000 |
BEAUMONT COMMUNITY PLAYERS PURPOSE: GENERAL OPERATING | $10,000 |
LAND MANOR INC PURPOSE: GENERAL OPERATING | $15,000 |
MOTHERS AGAINST DRUNK DRIVING (MADD) PURPOSE: CHARITABLE | $5,000 |