Herbert A Grant And Iva B Grant Charitable Trust
- Assets
- $683.5k
- Revenue
- $14.3k
- Investments
- $676.8k
- Employees
- 0
- Location
- Bridgton, ME
- Founding
- 08/1988
- Data as of
- 12/2023
- EIN
- 04-6548277
Organization Overview
Herbert A Grant And Iva B Grant Charitable Trust is located in Bridgton, ME. The organization was established in 1988. 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. Herbert A Grant And Iva B Grant Charitable 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 12/2023, Herbert A Grant And Iva B Grant Charitable Trust generated $14.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $41.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Herbert A Grant And Iva B Grant Charitable Trust has awarded 78 individual grants totaling $147,000. 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 |
|---|---|---|---|
Heidi I Marshall Trustee | 1 | $0 | |
Deborah Chick-Averill Trustee | 1 | $0 | |
Nicole Norris Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $86 |
| Dividends & Interest | $12,699 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,469 |
| Capital Gain Net Income | $1,469 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $154 |
| Total operating and administrative expenses | $6,716 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $41,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $999 |
| Savings and temporary cash investments | $5,700 |
| 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 | $683,501 |
| 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, Herbert A Grant And Iva B Grant Charitable Trust has awarded $35,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF NEW HAMPSHIRE PURPOSE: GENERAL PURPOSE | $2,000 |
ASSISTANCE CANINE TRAINING SERVICES (ACTS) PURPOSE: GENERAL PURPOSE | $2,000 |
GREATER SEACOAST COMMUNITY HEALTH (AKA FAMILIES FIRST SEACOAST) PURPOSE: GENERAL PURPOSE | $2,000 |
EPPING BIBLE BAPTIST CHURCH PURPOSE: FOOD PANTRY | $2,000 |
HERO PUPS PURPOSE: GENERAL PURPOSE | $2,000 |
COURT APPOINTED SPECIAL ADVOCATES OF NEW HAMPSHIRE (AKA CASA OF NH INC) PURPOSE: GENERAL PURPOSE | $1,500 |