Agnes M Lindsay Trust
- Assets
- $0.0
- Revenue
- $470.8k
- Investments
- $28.4m
- Employees
- 0
- Location
- Chelmsford, MA
- Founding
- 11/1971
- Data as of
- 12/2020
- EIN
- 02-6004971
Organization Overview
Agnes M Lindsay Trust is located in Chelmsford, MA. The organization was established in 1971. 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. Agnes M Lindsay 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, Agnes M Lindsay Trust generated $470.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Agnes M Lindsay Trust has awarded 747 individual grants totaling $2,778,561. 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 |
|---|---|---|---|
Ernest E Dion Trustee | 25 | $50,000 | |
Alan G Lampert Trustee | 25 | $50,000 | |
Michael S Delucia Trustee | 25 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $16,022 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,741 |
| Total Revenue | $470,773 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,000 |
| Pension plans, employee benefits | $10,325 |
| Depreciation | $0 |
| Occupancy | $8,862 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $358,870 |
| Contributions, gifts, grants paid | $962,236 |
| Total expenses and disbursements | $1,321,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,490,839 |
| Other assets | $7,714 |
| Mortgages and other notes payable | $18,220 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Agnes M Lindsay Trust has awarded $778,885 in support to 226 organizations.
| Grant Recipient | Amount |
|---|---|
AARON'S PRESENTS INC PURPOSE: CAMPERSHIP | $4,000 |
3L PLACE INC PURPOSE: HEALTH & WELFARE | $3,000 |
ADAPTIVE SPORTS AT MOUNT SNOW PURPOSE: CAMPERSHIP | $2,000 |
ADDICTION RECOVERY COALITION OF NEW HAMPSHIRE PURPOSE: HEALTH & WELFARE | $3,000 |
ADDISON ALLIES NETWORK INC PURPOSE: HEALTH & WELFARE | $700 |
AFRICAN CULTURAL SERVICES INC PURPOSE: FOOD PANTRY/FOOD BANK | $2,500 |