Mildred Summers@maurer Testamentary Trust
- Assets
- $0.0
- Revenue
- -$3.3k
- Investments
- $518.3k
- Employees
- 0
- Location
- Monroe, LA
- Founding
- 11/2016
- Data as of
- 12/2020
- EIN
- 81-6347137
Organization Overview
Mildred Summers@maurer Testamentary Trust is located in Monroe, LA. The organization was established in 2016. 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. Mildred Summers@maurer Testamentary 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 12/2020, Mildred Summers@maurer Testamentary Trust generated -$3.3k 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 (23.0%) each year. All expenses for the organization totaled $37.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mildred Summers@maurer Testamentary Trust has awarded 12 individual grants totaling $201,500. 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 | $14,464 |
| Profit on Inventory Sales | $0 |
| Other Income | -$5,719 |
| Total Revenue | -$3,288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $5,016 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $37,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $179,431 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mildred Summers@maurer Testamentary Trust has awarded $36,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Monroe, LA PURPOSE: FOR THE PURCHASE AND MAINTENANCE OF EQUIPMENT BY THE COLLEGE OF PHARMACY AT THE UNIVERSITY OF LOUISIANA AT MONROE. | $18,000 |
Monroe, LA PURPOSE: FOR THE PURCHASE AND MAINTENANCE OF EQUIPMENT BY THE COLLEGE OF PHARMACY AT THE UNIVERSITY OF LOUISIANA AT MONROE. | $18,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
Hamon Charitable Foundation Dallas, TX | $77,984,763 | $10,364,017 |
Alumbra Innovations Foundation Bentonville, AR | $55,483,470 | $25,346,784 |
Biogen Foundation Inc Dallas, TX | $25,561,498 | $3,880,862 |
The Margaret And Al Hill Family Foundation Dallas, TX | $0 | $526,228 |