Cabot Family Charitable Tr
- Assets
- $48.6m
- Revenue
- $470.9k
- Investments
- $45.1m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 04/1944
- Data as of
- 12/2022
- EIN
- 04-6036446
Organization Overview
Cabot Family Charitable Tr is located in Boston, MA. The organization was established in 1944. 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. Cabot Family 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 12/2022, Cabot Family Charitable Tr generated $470.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (30.5%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Cabot Family Charitable Tr has awarded 367 individual grants totaling $9,688,588. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Cabot Carrigan Trustee | 1 | $0 | |
Hendrika T Sluder Trustee | 1 | $0 | |
Mary Schneider Enriquez Term Trustee | 1 | $0 | |
Francis M Bradley Term Trustee | 1 | $0 | |
Dr Greenfield Sluder Term Trustee | 1 | $0 | |
Shoma Aditya Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cabot-wellington Llc | 12/30/22 | $321,592 |
Fiduciary Trust Company | 12/30/22 | $196,976 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $62,051 |
| Dividends & Interest | $859,589 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$544,098 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $93,367 |
| Total Revenue | $470,909 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $80,752 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,887 |
| Printing and publications | $2,701 |
| Other expenses | $20,282 |
| Total operating and administrative expenses | $640,705 |
| Contributions, gifts, grants paid | $2,601,233 |
| Total expenses and disbursements | $3,241,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,675 |
| Savings and temporary cash investments | $3,461,299 |
| 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 | $2,643,199 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $48,618,283 |
| 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, Cabot Family Charitable Tr has awarded $2,771,233 in support to 98 organizations.
| Grant Recipient | Amount |
|---|---|
ADOLESCENT CONSULTATION SERVIC PURPOSE: EXEMPT PURPOSES | $15,000 |
ALLIANCE FOR INCLUSION AND PREVENTION PURPOSE: EXEMPT PURPOSES | $10,000 |
APPALACHIAN MOUNTAIN CLUB PURPOSE: EXEMPT PURPOSES | $15,000 |
APPRENTICE LEARNING INC PURPOSE: EXEMPT PURPOSES | $25,000 |
ART RESOURCE COLLABORATIVE FOR KIDS PURPOSE: EXEMPT PURPOSES | $25,000 |
BOSTON ARTS ACADEMY FOUNDATION INC PURPOSE: EXEMPT PURPOSES | $50,000 |