Clinton O & Lura Curtis Jones Memorial Trust is located in Pittsfield, MA. The organization was established in 1968. 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. Clinton O & Lura Curtis Jones Memorial Trust 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, Clinton O & Lura Curtis Jones Memorial Trust generated $140.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $43.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Clinton O & Lura Curtis Jones Memorial Trust has awarded 61 individual grants totaling $127,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS TO INDIVIDUALS AND UNIVERSITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph H Skutnik Trustee | 1 | $0 | |
Frederick Myers III Trustee | 0 | $0 | |
Christopher Myers Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,925 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $124,347 |
| Capital Gain Net Income | $124,347 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $140,522 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,122 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $300 |
| Total operating and administrative expenses | $12,149 |
| Contributions, gifts, grants paid | $31,500 |
| Total expenses and disbursements | $43,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,970 |
| Savings and temporary cash investments | $303,058 |
| 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 | $5,301 |
| 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 | $947,794 |
| Accounts payable and accrued expenses | $5,322 |
| 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 | $5,322 |
Over the last fiscal year, Clinton O & Lura Curtis Jones Memorial Trust has awarded $31,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AARON BUDWAY PURPOSE: DEGREE STUDIES | $1,500 |
AUDREY BELANGER PURPOSE: DEGREE STUDIES | $2,500 |
KIERAN COSCIA PURPOSE: DEGREE STUDIES | $2,500 |
BRENDAN STANNARD PURPOSE: DEGREE STUDIES | $2,500 |
LILY OUILLETTE PURPOSE: DEGREE STUDIES | $2,500 |
LUKE PEPLOWSKI PURPOSE: DEGREE STUDIES | $2,500 |