Hattie A & Fred C Lynam Trust 64
- Assets
- $4.9m
- Revenue
- $518.1k
- Investments
- $4.5m
- Employees
- 0
- Location
- Ellsworth, ME
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 01-0222218
Organization Overview
Hattie A & Fred C Lynam Trust 64 is located in Ellsworth, ME. The organization was established in 2008. 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. Hattie A & Fred C Lynam Trust 64 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, Hattie A & Fred C Lynam Trust 64 generated $518.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $340.8k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Hattie A & Fred C Lynam Trust 64 has awarded 319 individual grants totaling $1,070,143. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $267,696 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $250,438 |
| Capital Gain Net Income | $250,438 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $518,134 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,308 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50,497 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,139 |
| Total operating and administrative expenses | $89,394 |
| Contributions, gifts, grants paid | $251,400 |
| Total expenses and disbursements | $340,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $377,294 |
| 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 | $4,886,180 |
| 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, Hattie A & Fred C Lynam Trust 64 has awarded $535,890 in support to 252 organizations.
| Grant Recipient | Amount |
|---|---|
Bar Harbor, ME PURPOSE: SUPPORT FOR CURRENT PGMS & | $25,000 |
Bar Harbor, ME PURPOSE: SUPPORT FOR CURRENT PGMS & | $25,000 |
Southwest Harbor, ME PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
MDI BACKPACK PROGRAM PURPOSE: SUPPORT OF PROGRAMS | $10,000 |
Bar Harbor, ME PURPOSE: CHARITABLE GRANT | $10,000 |
ISLAND CONNECTIONS PURPOSE: FOR ORGANIZATION'S GENERAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Alfond Foundation Portland, ME | $813,380,857 | $317,083,832 |
Libra Foundation Owen W Wells Trustee Portland, ME | $194,515,715 | $7,192,031 |
Thomas W Haas Foundation Greenland, NH | $135,774,612 | $23,898,654 |
Endowment For Health Inc Concord, NH | $94,601,301 | $13,835,099 |
Peter And Anna Kolchinsky Foundation Portsmouth, NH | $32,887,718 | $6,933,856 |
Southeast Land Trust Of New Hampshire Epping, NH | $33,243,290 | $7,653,430 |
P D Merrill Charitable Tr U-A Dtd 11-02-06 Portland, ME | $0 | $21,552 |
Cogswell Benevolent Trust Manchester, NH | $30,218,866 | $3,198,949 |
Gloria C Mackenzie Foundation Inc East Millinocket, ME | $24,725,782 | $9,772,129 |
Burke Family Foundation C/O People's United Bank Cape Elizabeth, ME | $0 | $295,914 |
Morton-Kelly Charitable Tr Portland, ME | $19,003,514 | $4,559,589 |
Hank And Lynn Hopeman Foundation Inc Sunapee, NH | $22,635,680 | $2,787,144 |