Robert W & Gladys S Meserve Charitable Tr
- Assets
- $329.5k
- Revenue
- $116.1k
- Investments
- $319.5k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/1996
- Data as of
- 08/2024
- EIN
- 04-3363695
Organization Overview
Robert W & Gladys S Meserve Charitable Tr is located in Boston, MA. The organization was established in 1996. 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. Robert W & Gladys S Meserve Charitable Tr 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 08/2024, Robert W & Gladys S Meserve Charitable Tr generated $116.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $111.2k during the year ending 08/2024. While expenses have increased by 6.9% per year over the past 6 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 2016, Robert W & Gladys S Meserve Charitable Tr has awarded 171 individual grants totaling $471,000. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur B Page Co-Trustee | 0.5 | $11,584 | |
Roberta M Weil Co-Trustee | 1 | $0 | |
William G Meserve Co-Trustee | 3 | $0 | |
Richard A Meserve Co-Trustee | 1 | $0 | |
Charles R Platt Co-Trustee | 0.5 | $0 | |
Ryan P Mcmanus Co-Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $167 |
| Dividends & Interest | $38,905 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,986 |
| Capital Gain Net Income | $76,986 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $116,058 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,584 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $345 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $24,717 |
| Contributions, gifts, grants paid | $86,500 |
| Total expenses and disbursements | $111,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,021 |
| 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 | $329,499 |
| 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, Robert W & Gladys S Meserve Charitable Tr has awarded $86,500 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AFS INTERCULTURAL PROGRAMS INC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
AMERICAN ACADEMY OF ARTS & SCIENCES PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
AFS-USA INC PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |
APPALACHIAN MOUNTAIN CLUB PURPOSE: CONTRIBUTION IS FOR THE MAINE WOODS INITIATIVE FOR LAND ACQUISITION AND/OR TO SUPPORT TRAIL CONSTRUCTION AND MAINTENANCE AND OTHER PROJECTS IN THE MAINE WOODS. | $7,000 |
BOYS & GIRLS CLUBS OF LOWER MERRIMACK VALLEY PURPOSE: GENERAL OPERATING SUPPORT. IN RECOGNITION OF FORMER DIRECTOR JOHN E MESERVE | $3,000 |
CAMP SUNSHINE AT SEBAGO LAKE INC PURPOSE: GENERAL OPERATING SUPPORT. IN HONOR OF MATTHEW MESERVE AND HIS PARENTS ERIK AND SARAH MESERVE. | $3,000 |