Marion C Smyth Trust Estate Uw
- Assets
- $3.1m
- Revenue
- $203.8k
- Investments
- $2.8m
- Employees
- 0
- Location
- Bedford, NH
- Founding
- 08/1973
- Data as of
- 12/2023
- EIN
- 02-6005793
Organization Overview
Marion C Smyth Trust Estate Uw is located in Bedford, NH. The organization was established in 1973. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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.
For the year ending 12/2023, Marion C Smyth Trust Estate Uw generated $203.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $276.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marion C Smyth Trust Estate Uw has awarded 297 individual grants totaling $1,617,598. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST GIVES GRANTS AND MUSIC SCHOLARSHIPS TO DESERVING ORGANIZATIONS AND INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles S Goodwin Trustee | 5 | $7,500 | |
David H Bellman Trustee | 5 | $7,500 | |
Joseph E Sheehan Trustee | 5 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,592 |
| Dividends & Interest | $75,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,083 |
| Capital Gain Net Income | $120,083 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,844 |
| Total Revenue | $203,768 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $74 |
| Taxes | $703 |
| Depreciation | $0 |
| Occupancy | $6,023 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,664 |
| Total operating and administrative expenses | $74,330 |
| Contributions, gifts, grants paid | $202,356 |
| Total expenses and disbursements | $276,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,493 |
| Savings and temporary cash investments | $275,583 |
| 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 | $1,252,415 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,070,334 |
| 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, Marion C Smyth Trust Estate Uw has awarded $202,356 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN MUSICAL & DRAMATIC ACADEMY PURPOSE: SCHOLARSHIP | $1,000 |
BEDFORD BIG BAND PURPOSE: GRANT | $1,500 |
BELMONT UNIVERSITY PURPOSE: SCHOLARSHIP | $1,000 |
ASHUELOT CONCERTS PURPOSE: GRANT | $5,000 |
BELMONT UNIVERSITY PURPOSE: SCHOLARSHIP | $1,000 |
BERKLEE COLLEGE OF MUSIC PURPOSE: SCHOLARSHIP | $1,000 |