Paul & Mary Cancellarini Charitable Tr
- Assets
- $520.3k
- Revenue
- $23.3k
- Investments
- $507.2k
- Employees
- 0
- Location
- Denver, CO
- Founding
- 02/1997
- Data as of
- 12/2023
- EIN
- 06-6414334
Organization Overview
Paul & Mary Cancellarini Charitable Tr is located in Denver, CO. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Paul & Mary Cancellarini 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 12/2023, Paul & Mary Cancellarini Charitable Tr generated $23.3k 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 (10.1%) each year. All expenses for the organization totaled $59.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Paul & Mary Cancellarini Charitable Tr has awarded 63 individual grants totaling $379,244. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION TO CONNECTICUT CHILDRENS HOSPITAL
CONTRIBUTION TO BERLIN PUBLIC HEALTH NURSING
CONTRIBUTION TO BERLIN LAND TRUST
CONTRIBUTION TO AMERICAN CANCER SOCIETY'
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,516 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,828 |
| Capital Gain Net Income | $8,828 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,344 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,934 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,728 |
| Contributions, gifts, grants paid | $42,465 |
| Total expenses and disbursements | $59,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,092 |
| 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 | $430,471 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $520,326 |
| 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, Paul & Mary Cancellarini Charitable Tr has awarded $42,465 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: TO CARRY OUT TAX EXEMPT PURPOSE | $4,720 |
BERLIN LAND TRUST PURPOSE: TO CARRY OUT TAX EXEMPT PURPOSE | $4,720 |
BERLIN PECK MEMORIAL LIBRARY PURPOSE: TO CARRY OUT TAX EXEMPT PURPOSE | $4,720 |
BERLIN PUBLIC HEALTH NURSING SERVICE PURPOSE: TO CARRY OUT TAX EXEMPT PURPOSE | $7,075 |
CONNECTICUT CHILDREN'S MEDICAL CENTER PURPOSE: TO CARRY OUT TAX EXEMPT PURPOSE | $11,790 |
NORTHWEST CATHOLIC HIGH SCHOOL PURPOSE: TO CARRY OUT TAX EXEMPT PURPOSE | $4,720 |