Franklin H Putnam Trust 1 1053 1
- Assets
- $800.9k
- Revenue
- $29.7k
- Investments
- $763.8k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 08/1972
- Data as of
- 12/2023
- EIN
- 04-6009430
Organization Overview
Franklin H Putnam Trust 1 1053 1 is located in Dallas, TX. The organization was established in 1972. 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, Franklin H Putnam Trust 1 1053 1 generated $29.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $44.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Franklin H Putnam Trust 1 1053 1 has awarded 24 individual grants totaling $244,500. 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 | $21,420 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,931 |
| Capital Gain Net Income | $5,931 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,340 |
| Total Revenue | $29,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,247 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $652 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $491 |
| Total operating and administrative expenses | $17,027 |
| Contributions, gifts, grants paid | $27,500 |
| Total expenses and disbursements | $44,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,113 |
| 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 | $800,920 |
| 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, Franklin H Putnam Trust 1 1053 1 has awarded $27,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN NEW HAMPSHIRE UNIVERSITY PURPOSE: SCHOLARSHIPS | $5,000 |
SUFFOLK UNIVERSITY PURPOSE: SCHOLARSHIPS | $6,000 |
BUNKER HILL COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $6,000 |
UMASS BOSTON PURPOSE: SCHOLARSHIPS | $3,000 |
RHODE ISLAND COLLEGE PURPOSE: SCHOLARSHIPS | $1,500 |
UMASS AMHERST PURPOSE: SCHOLARSHIPS | $6,000 |