Oscar A Kenck Charitable Remainder Unitrust
- Assets
- $1.1m
- Revenue
- $165.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Augusta, MT
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 81-0540289
Organization Overview
Oscar A Kenck Charitable Remainder Unitrust is located in Augusta, MT. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Oscar A Kenck Charitable Remainder Unitrust 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 12/2021, Oscar A Kenck Charitable Remainder Unitrust generated $165.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $106.3k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 6 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 2017, Oscar A Kenck Charitable Remainder Unitrust has awarded 53 individual grants totaling $299,654. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS WERE MADE DIRECTLY TO NINE CHARITABLE ORGANIZATIONS IN THE AUGUSTA, MONTANA, AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Young Trustee | 2 | $8,000 | |
Juile Young Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $32,937 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $132,269 |
| Capital Gain Net Income | $132,269 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $165,209 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,789 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,004 |
| Total operating and administrative expenses | $32,435 |
| Contributions, gifts, grants paid | $73,850 |
| Total expenses and disbursements | $106,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,916 |
| 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 | $1,093,135 |
| 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, Oscar A Kenck Charitable Remainder Unitrust has awarded $73,850 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AUGUSTA PUBLIC SCHOOLS PURPOSE: SCHOLARSHIP FUND AND SCHOOL IMPROVEMENTS | $42,350 |
Augusta, MT PURPOSE: FACILITY IMPROVEMENTS | $8,000 |
AUGUSTA COMMUNITY CHURCH PURPOSE: SUMMER CAMP AND SUPPLIES | $5,500 |
AUGUSTA AMERICAN LEGION PURPOSE: BUILDING MAINTENANCE AND IMPROVEMENTS | $5,000 |
Augusta, MT PURPOSE: COMPUTER SYSTEM | $4,000 |
AUGUSTA SENIOR CITIZENS CENTER PURPOSE: FOOD BANK SUPPORT AND SUPPLIES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Gianforte Fam Charitable Tr Bozeman, MT | $232,267,609 | $12,872,148 |
The Aditi Foundation Sioux Falls, SD | $272,669 | $9,625,048 |
Denny Sanford Foundation Sioux Falls, SD | $42,390,595 | $5,136,218 |
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Laura Moore Cunningham Foundation Inc Boise, ID | $9,665,036 | $4,890,131 |
Bruno And Evelyne Betti Foundation Billings, MT | $0 | $451,341 |
Dakota Charitable Foundation Inc Rapid City, SD | $26,047,186 | $2,168,472 |