Marion And Cadell S Liedtke Family Charitable Foundation
- Assets
- $950.8k
- Revenue
- $30.9k
- Investments
- $917.6k
- Employees
- 0
- Location
- Midland, TX
- Founding
- 06/1998
- Data as of
- 07/2023
- EIN
- 75-2708769
Organization Overview
Marion And Cadell S Liedtke Family Charitable Foundation is located in Midland, TX. The organization was established in 1998. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Marion And Cadell S Liedtke Family Charitable Foundation 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 07/2023, Marion And Cadell S Liedtke Family Charitable Foundation generated $30.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $54.2k during the year ending 07/2023. While expenses have increased by 10.4% per year over the past 7 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 2016, Marion And Cadell S Liedtke Family Charitable Foundation has awarded 115 individual grants totaling $352,407. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL GIFTS TO QUALIFYING 501 (C)(3) ORGANIZATIONS. TEN QUALIFYING ORGANIZATIONS RECEIVED CONTRIBUTIONS DURING THE FISCAL YEAR ENDED 7/31/23.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cadell S Liedtke President/director | 2 | $0 | |
Marion Liedtke Secretary/director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $21,037 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,878 |
| Capital Gain Net Income | $9,878 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $732 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,745 |
| Total operating and administrative expenses | $7,846 |
| Contributions, gifts, grants paid | $46,310 |
| Total expenses and disbursements | $54,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,236 |
| 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 | $917,577 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $950,813 |
| 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, Marion And Cadell S Liedtke Family Charitable Foundation has awarded $46,310 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MAD FOR PLAID PURPOSE: GENERAL SUPPORT. | $500 |
MD ANDERSON CANCER CENTER PURPOSE: GENERAL SUPPORT, POLO ON THE PRAIRIE | $17,810 |
MISSION AGAPE PURPOSE: GENERAL SUPPORT. | $2,500 |
PERMIAN BASIN PETROLEUM MUSEUM PURPOSE: GENERAL SUPPORT. | $3,500 |
MIDLAND COUNTY LIVESTOCK ASSOCIATION PURPOSE: GENERAL SUPPORT. | $1,000 |
TEXAS PARKS & WILDLIFE FOUNDATION PURPOSE: GENERAL SUPPORT. | $5,000 |