Lotta M Crabtree Trust Uw Lotta Fund For Discharged Convicts
- Assets
- $733.1k
- Revenue
- $146.8k
- Investments
- $676.7k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 02/1977
- Data as of
- 12/2023
- EIN
- 04-2607208
Organization Overview
Lotta M Crabtree Trust Uw Lotta Fund For Discharged Convicts is located in Boston, MA. The organization was established in 1977. 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. Lotta M Crabtree Trust Uw Lotta Fund For Discharged Convicts 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 12/2023, Lotta M Crabtree Trust Uw Lotta Fund For Discharged Convicts generated $146.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.8% each year . All expenses for the organization totaled $77.2k during the year ending 12/2023. While expenses have increased by 6.9% 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 2020, Lotta M Crabtree Trust Uw Lotta Fund For Discharged Convicts has awarded 35 individual grants totaling $202,700. 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
SEE ATTACHED SCHEDULE OF DISTRIBUTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth F Potter Trustee | 0.25 | $1,793 | |
Nancy T Harmon Trustee | 0.25 | $2,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,000 |
| Dividends & Interest | $25,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $116,836 |
| Capital Gain Net Income | $116,836 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $146,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,043 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,329 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $320 |
| Total operating and administrative expenses | $24,827 |
| Contributions, gifts, grants paid | $52,400 |
| Total expenses and disbursements | $77,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $55,943 |
| 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 | $136,187 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $733,129 |
| 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, Lotta M Crabtree Trust Uw Lotta Fund For Discharged Convicts has awarded $52,400 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CRIMINAL JUSTICE MINISTRY PURPOSE: GENERAL | $6,500 |
CENTER ON JUVENILE & CRIMINAL JUSTICE PURPOSE: GENERAL | $6,500 |
DC CENTRAL KITCHEN PURPOSE: GENERAL | $6,500 |
FORTUNE SOCIETY PURPOSE: GENERAL | $7,200 |
HOWARD AREA COMMUNITY CENTER PURPOSE: GENERAL | $6,700 |
MASS SOCIETY FOR AIDING DISCHARGED PRISONERS PURPOSE: GENERAL | $6,000 |