Tesh Wickard Endowment Inc

Organization Overview

Tesh Wickard Endowment Inc is located in Nashville, IN. The organization was established in 2016. According to its NTEE Classification (B19) the organization is classified as: Support 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. Tesh Wickard Endowment Inc 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, Tesh Wickard Endowment Inc generated $239.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.3%) each year. All expenses for the organization totaled $173.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RECEIVE AND ADMINISTER A BEQUEST FROM THE ESTATE OF TESH WICKARD UNDER THE TERMS OF HIS WILL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAPITAL EXPENDITURES, AND DIRECTORS AND OFFICERS INSURANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Galm
Secretary And Director
$750
James R Oliver
Treasurer And Director
$750
Kathleen C Roberts
Chairperson And Director
$500
Michael Fulton
Director
$500

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $57,795
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $181,440
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $239,235

Endowment Analysis

Beg. Balance$2,594,437
Earnings$497,796
Admin Expense$23,204
Grants$146,384
Ending Balance$2,922,645

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