Harris Trust L I
- Assets
- $129.7k
- Revenue
- $8.1k
- Investments
- $126.7k
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 11/1962
- Data as of
- 12/2022
- EIN
- 11-6033492
Organization Overview
Harris Trust L I is located in Norfolk, VA. The organization was established in 1962. 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. Harris Trust L I 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 12/2022, Harris Trust L I generated $8.1k 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 (6.5%) each year. All expenses for the organization totaled $23.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harris Trust L I has awarded 175 individual grants totaling $116,240. 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 |
|---|---|---|---|
Jonathan Harris Trustee | 0 | $0 | |
Peter Harris Trustee | 0 | $0 | |
Henry Harris III Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $8,057 |
| 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 | $8,059 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,098 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,988 |
| Contributions, gifts, grants paid | $19,200 |
| Total expenses and disbursements | $23,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,025 |
| 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 | $111,717 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $129,747 |
| 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, Harris Trust L I has awarded $19,200 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
FOODBANK OF SE VA PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $2,000 |
THE PRESERVATION SOCIETY OF NEWPORT COUNTY PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $5,200 |
SQUAM LAKES ASSOCIATION PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $2,883 |
UNION MISSION MINISTRIES PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $1,500 |
WHYY PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $200 |
FRIENDS' CENTRAL SCHOOL PURPOSE: TO FURTHER DONEE'S CHARITABLE PURPOSE | $250 |