Cherry Tree Giving Foundation
- Assets
- $628.1k
- Revenue
- $31.1k
- Investments
- $611.1k
- Employees
- 0
- Location
- Gretna, NE
- Founding
- Data as of
- 12/2022
- EIN
- 85-1719582
Organization Overview
Cherry Tree Giving Foundation is located in Gretna, NE. 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. Cherry Tree Giving Foundation 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, Cherry Tree Giving Foundation generated $31.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (57.0%) each year. All expenses for the organization totaled $33.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
4 COLLEGE STUDENTS FINANCIAL AID
12 CHARITABLE ORGANIZATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Alan Hannan Director | 5 | $0 | |
Jacy R Hannan Director | 5 | $0 | |
Christian A Nielsen Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $10,475 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,554 |
| Capital Gain Net Income | $20,554 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,063 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,685 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $190 |
| Total operating and administrative expenses | $5,200 |
| Contributions, gifts, grants paid | $28,120 |
| Total expenses and disbursements | $33,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,682 |
| Savings and temporary cash investments | $7,246 |
| 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 | $45,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $628,071 |
| 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, Cherry Tree Giving Foundation has awarded $28,120 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
OPEN DOOR MISSION PURPOSE: CHARITABLE CONTRIBUTION | $1,500 |
LINCOLN CRISIS PREGNANCY CENTER PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
SARCOMA FOUNDATION OF AMERICA PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
TOP CHARITIES FUND (GIVEWELL) PURPOSE: CHARITABLE CONTRIBUTION | $600 |
LONGTERMISM FUND (LONGVIEW) PURPOSE: CHARITABLE CONTRIBUTION | $400 |
NEBRASKA HUMANE SOCIETY PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |