Gerald L Bauer Educational Trust
- Assets
- $1.9m
- Revenue
- $90.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Colfax, IA
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 80-6256984
Organization Overview
Gerald L Bauer Educational Trust is located in Colfax, IA. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gerald L Bauer Educational 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, Gerald L Bauer Educational Trust generated $90.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $171.8k during the year ending 12/2022. While expenses have increased by 7.3% per year over the past 4 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 2020, Gerald L Bauer Educational Trust has awarded 38 individual grants totaling $326,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip F Webb Trustee | 1 | $0 | |
Erik Anderson Superintendent Board Member | 0.25 | $0 | |
Jan Myers Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $65 |
| Dividends & Interest | $31,048 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,887 |
| Capital Gain Net Income | $17,887 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $41,406 |
| Total Revenue | $90,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,941 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,439 |
| Total operating and administrative expenses | $38,345 |
| Contributions, gifts, grants paid | $133,500 |
| Total expenses and disbursements | $171,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,190 |
| Savings and temporary cash investments | $0 |
| 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 | $310,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $377,534 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,860,411 |
| 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, Gerald L Bauer Educational Trust has awarded $133,500 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ABIGAIL MCCONEHEY UNIVERSITY OF IA PURPOSE: EDUCATIONAL SCHOLARSHIP AWARD | $5,300 |
ALISTAIR GIBSON UNI PURPOSE: EDUCATIONAL SCHOLARSHIP AWARD | $5,000 |
CAMILLA SCHOLOSSER ISU PURPOSE: EDUCATIONAL SCHOLARSHIP AWARD | $5,000 |
BRENNAN RHONE SIMPSON COLLEGE PURPOSE: EDUCATIONAL SCHOLARSHIP AWARD | $10,000 |
DANICA LINN IA WESTERN COMMUNITY CO PURPOSE: EDUCATIONAL SCHOLARSHIP AWARD | $6,000 |
CHELSEY ATWOOD UNIVERSITY OF IA PURPOSE: EDUCATIONAL SCHOLARSHIP AWARD | $5,300 |