Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585
- Assets
- $5.0m
- Revenue
- $662.2k
- Investments
- $4.7m
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 06-6342857
Organization Overview
Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585 is located in Stamford, CT. The organization was established in 0000. 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.
For the year ending 12/2022, Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585 generated $662.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $317.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585 has awarded 233 individual grants totaling $2,428,400. 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 |
|---|---|---|---|
Anthony M Devito Jr Trustee | 0.5 | $10,000 | |
Edward M Kweskin Trustee | 5 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $104,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $545,077 |
| Capital Gain Net Income | $545,077 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,417 |
| Total Revenue | $662,205 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,034 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,067 |
| Total operating and administrative expenses | $71,470 |
| Contributions, gifts, grants paid | $246,000 |
| Total expenses and disbursements | $317,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,719 |
| 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 | $2,948,468 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $111,575 |
| Total assets | $4,977,205 |
| 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, Leon N Lapine Charitable Residuary Trust Ua 6th Of Will 091585 has awarded $246,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: GENERAL FUND | $15,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL FUND | $15,000 |
FAITH TABERNACLE MSSNY FFLD CNTY PURPOSE: GENERAL FUND | $5,000 |
FOOD BANK OF LOWER FAIRFIELD COUNTY PURPOSE: GENERAL FUND | $15,000 |
HUMAN SERVICES COUNCIL PURPOSE: GENERAL FUND | $4,000 |
INSPIRICA INC PURPOSE: GENERAL FUND | $15,000 |