Margarett L Robinson Trust
- Assets
- $313.4k
- Revenue
- $30.1k
- Investments
- $313.4k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 12/1970
- Data as of
- 09/2023
- EIN
- 04-6012367
Organization Overview
Margarett L Robinson Trust is located in Boston, MA. The organization was established in 1970. 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 09/2023, Margarett L Robinson Trust generated $30.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $27.5k during the year ending 09/2023. While expenses have increased by 1.8% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eastern Bank Trustee | 1 | $933 | |
John R Dunnell Trustee | 1 | $649 | |
Michael Mclane Trustee | 1 | $493 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,140 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,984 |
| Capital Gain Net Income | $20,984 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,124 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,075 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,352 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $485 |
| Total operating and administrative expenses | $10,976 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $27,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $313,378 |
| 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, Margarett L Robinson Trust has awarded $16,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD FOR THE WORLD PURPOSE: GENERAL PURPOSE | $3,500 |
PROJECT HOME AGAIN PURPOSE: PROGRAM SUPPORT | $2,000 |
FAMILY ACCESS OF NEWTON PURPOSE: CHARITABLE | $4,500 |
HOUSING FAMILIES PURPOSE: CHARITABLE | $2,000 |
RISE ABOVE FOUNDATION PURPOSE: CHARITABLE | $4,500 |