Louise M & Elizabeth J Manke Foundation
- Assets
- $711.8k
- Revenue
- -$14.3k
- Investments
- $652.2k
- Employees
- 0
- Location
- Le Sueur, MN
- Founding
- Data as of
- 12/2023
- EIN
- 84-3776228
Organization Overview
Louise M & Elizabeth J Manke Foundation is located in Le Sueur, MN. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Louise M & Elizabeth J Manke Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Louise M & Elizabeth J Manke Foundation has awarded 23 individual grants totaling $165,019. 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 |
|---|---|---|---|
Irene Manke Officer | 5 | $18,000 | |
Peter Schoeppner Officer | 0.5 | $0 | |
John Skubitz Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $90 |
| Dividends & Interest | $13,716 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,071 |
| Capital Gain Net Income | $928 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$14,265 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $29,852 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $49,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,615 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $711,808 |
| 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 | $50,213 |
| Total liabilities | $50,213 |
Grants Awarded
Over the last fiscal year, Louise M & Elizabeth J Manke Foundation has awarded $20,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TRINITY LUTHERN CHURCH PURPOSE: CHARITY | $2,500 |
RASMUSSEN FOUNDATION PURPOSE: CONATION | $8,000 |
RIDGEVIEW FOUNDATION PURPOSE: DONATION | $4,500 |
LE SUEUR COMMUNITY FOUNDATION PURPOSE: DONATION | $2,500 |
FRIENDS OF THE LIBRARY PURPOSE: DONATION | $2,500 |