J P & Maude V Schroeder Memorial Trust
- Assets
- $670.8k
- Revenue
- $6.5k
- Investments
- $652.0k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 91-6306402
Organization Overview
J P & Maude V Schroeder Memorial Trust is located in Milwaukee, WI. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. J P & Maude V Schroeder Memorial 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 12/2022, J P & Maude V Schroeder Memorial Trust generated $6.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $113.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, J P & Maude V Schroeder Memorial Trust has awarded 36 individual grants totaling $658,821. 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 | $13,003 |
| Net Rental Income | $1,670 |
| Net Gain on Sale of Assets | -$9,955 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24 |
| Total Revenue | $6,521 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,962 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,346 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,804 |
| Total operating and administrative expenses | $20,762 |
| Contributions, gifts, grants paid | $92,921 |
| Total expenses and disbursements | $113,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105 |
| Savings and temporary cash investments | $18,389 |
| 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 | $652,030 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $250 |
| Total assets | $670,774 |
| 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, J P & Maude V Schroeder Memorial Trust has awarded $92,921 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $21,921 |
BIG BEND COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $9,200 |
WALLA WALLA COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $21,700 |
WESTERN WASHINGTON UNIVERSITY PURPOSE: SCHOLARSHIPS | $12,500 |
GONZAGA UNIVERSITY PURPOSE: SCHOLARSHIP | $18,400 |
WEBER STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $9,200 |