Eugene V And Clare Thaw Charitable Trust
- Assets
- $97.0m
- Revenue
- $1.9m
- Investments
- $48.5m
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 13-3081491
Organization Overview
Eugene V And Clare Thaw Charitable Trust is located in Santa Fe, NM. The organization was established in 1982. 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. Eugene V And Clare Thaw 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 12/2021, Eugene V And Clare Thaw Charitable Trust generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $6.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Eugene V And Clare Thaw Charitable Trust has awarded 123 individual grants totaling $37,485,998. 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 |
|---|---|---|---|
Kathleen Flanagan President & CEO | 50 | $250,000 | |
Brian O'donoghue Trustee | 1 | $0 | |
Michaela O'donoghue Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $292 |
| Dividends & Interest | $805,361 |
| Net Rental Income | -$29,047 |
| Net Gain on Sale of Assets | $1,033,026 |
| Capital Gain Net Income | $1,033,026 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,880,279 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $250,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $25,000 |
| Interest | $0 |
| Taxes | $32,868 |
| Depreciation | $53,958 |
| Occupancy | $38,099 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,398 |
| Total operating and administrative expenses | $587,088 |
| Contributions, gifts, grants paid | $5,423,681 |
| Total expenses and disbursements | $6,010,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,229 |
| Savings and temporary cash investments | $3,476,423 |
| 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 | $5,000,000 |
| 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 | $1,310,048 |
| Other assets | $38,392,935 |
| Total assets | $97,006,761 |
| Accounts payable and accrued expenses | $52,046 |
| 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 | $52,046 |
Grants Awarded
Over the last fiscal year, Eugene V And Clare Thaw Charitable Trust has awarded $5,423,681 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Fe, NM PURPOSE: ENDOWMENT FUND; 300-ACRE OPEN SPACE LAND MAINTENANCE; TRAIL MAINTENANCE AND DESIGN | $1,313,681 |
New York, NY PURPOSE: ENDOWMENT OF EUGENE V THAW CATALOGUING FUND; FOR THE "DAVID" EXHIBITION | $1,000,000 |
New York, NY PURPOSE: TOWARDS RENOVATION OF THE HALL OF NORTHWEST COAST INDIANS | $1,000,000 |
Landover, MD PURPOSE: ENDOWMENT FUND FOR ANNUAL EXHIBIT OF WORKS ON PAPER FROM PERMANENT COLLECTION | $860,000 |
GALLATIN VALLEY LAND TRUST PURPOSE: FOR THE "QUICK STRIKE OPPORTUNITY" LAND ACQUISITION FUND | $500,000 |
SUSQUEHANNA ANIMAL SHELTER PURPOSE: FOR CONSTRUCTION OF A NEW ANIMAL SHELTER AND CLINIC | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eugene V And Clare Thaw Charitable Trust has recieved totaling $125,261.
| Awarding Organization | Amount |
|---|---|
Eugene Victor Thaw Art Foundation Santa Fe, NM PURPOSE: INVENTORY DISTRIBUTED TO OTHER NONPROFIT ORGANIZATION DUE TO DISSOLUTION.4 WORKS OF ART:ALBERT BIERSTADT "TORRE DI SCHIAVI"JAMES FORSBERG "3 STONES & A BIRD"JAMIE WYETH "GULL AND THE CRAB"A GOLD PLATE BROOCH WITH ALMADINE INSERTS | $125,261 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |