Howard & Robin Reisman Charitable Trust
- Assets
- $3.9m
- Revenue
- $151.4k
- Investments
- $2.3m
- Employees
- 0
- Location
- Braintree, MA
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 04-6965548
Organization Overview
Howard & Robin Reisman Charitable Trust is located in Braintree, MA. The organization was established in 2002. 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. Howard & Robin Reisman 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, Howard & Robin Reisman Charitable Trust generated $151.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $499.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Howard & Robin Reisman Charitable Trust has awarded 273 individual grants totaling $3,185,761. 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 |
|---|---|---|---|
Howard M Reisman Trustee | 10 | $90,000 | |
Robin Reisman Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $151,377 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $151,377 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,396 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72 |
| Total operating and administrative expenses | $100,468 |
| Contributions, gifts, grants paid | $399,480 |
| Total expenses and disbursements | $499,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,601,625 |
| 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 | $3,946,423 |
| 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, Howard & Robin Reisman Charitable Trust has awarded $399,480 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
BARNSTABLE LAND TRUST PURPOSE: TO SUPPORT THE COMMUNITY | $250 |
BETH ISRAEL DEACONESS MEDICAL CENTER PURPOSE: TO SUPPORT THE COMMUNITY | $15,000 |
BOSTON COLLEGE PURPOSE: TO SUPPORT EDUCATION | $100 |
BROWN RISD HILLEL FOUNDATION PURPOSE: TO SUPPORT EDUCATION | $200 |
CLEAN WATER FUND PURPOSE: TO SUPPORT CONSERVATION | $1,500 |
BROWN UNIVERSITY PURPOSE: TO SUPPORT EDUCATION | $295,000 |