Webster Family Foundation Tr
- Assets
- $126.2k
- Revenue
- $8.7k
- Investments
- $111.2k
- Employees
- 0
- Location
- Old Saybrook, CT
- Founding
- 10/2000
- Data as of
- 12/2023
- EIN
- 06-6500933
Organization Overview
Webster Family Foundation Tr is located in Old Saybrook, CT. The organization was established in 2000. 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. Webster Family Foundation 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, Webster Family Foundation Tr generated $8.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $16.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Webster Family Foundation Tr has awarded 179 individual grants totaling $125,713. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $89 |
| Dividends & Interest | $3,072 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,530 |
| Capital Gain Net Income | $5,530 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,608 |
| Contributions, gifts, grants paid | $13,715 |
| Total expenses and disbursements | $16,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,933 |
| 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 | $126,173 |
| 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, Webster Family Foundation Tr has awarded $13,715 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
DARTHMOUTH COLLEGE FUND PURPOSE: PHILANTHROPIC | $2,500 |
FAMILY CHILDREN AGENCY PURPOSE: PHILANTHROPIC | $2,000 |
FIRST CONGREGATIONAL CHURCH OF OLD PURPOSE: PHILANTHROPIC | $500 |
ALZHEIMER'S FOUNDATION OF AMERICA PURPOSE: PHILANTHROPIC | $200 |
CONNECTICUT AUDUBON SOCIETY PURPOSE: PHILANTHROPIC | $500 |
DARTHMOUTH '65 PURPOSE: PHILANTHROPIC | $65 |