Jessie J Patterson Trust 20 00 1383 0 Nect Shawmut 1st Bk & Tr is located in Dallas, TX. The organization was established in 0000. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit 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, Jessie J Patterson Trust 20 00 1383 0 Nect Shawmut 1st Bk & Tr generated $40.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $67.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jessie J Patterson Trust 20 00 1383 0 Nect Shawmut 1st Bk & Tr has awarded 35 individual grants totaling $448,100. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $32,019 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $5,230 | 
| Capital Gain Net Income | $5,230 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $3,427 | 
| Total Revenue | $40,676 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,466 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $983 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $723 | 
| Total operating and administrative expenses | $21,822 | 
| Contributions, gifts, grants paid | $45,170 | 
| Total expenses and disbursements | $66,992 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $48,111 | 
| 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 | $1,223,621 | 
| 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 | 
Over the last fiscal year, Jessie J Patterson Trust 20 00 1383 0 Nect Shawmut 1st Bk & Tr has awarded $45,170 in support to 5 organizations.
| Grant Recipient | Amount | 
|---|---|
AMERICAN INTERNATIONAL COLLEGE PURPOSE: SCHOLARSHIPS  | $9,034 | 
AMERICAN LUNG ASSN OF WESTERN MASS PURPOSE: UNRESTRICTED GENERAL  | $156 | 
AMERICAN LUNG ASSOC NEW ENGLAND PURPOSE: UNRESTRICTED GENERAL  | $8,878 | 
NORTHFIELD MOUNT HERMON SCHOOL PURPOSE: SCHOLARSHIPS  | $9,034 | 
BAYSTATE HEALTH FOUNDATION INC PURPOSE: UNRESTRICTED GENERAL  | $18,068 |