Richard M Allen Charitable Trust U D 12-23-85 M B
- Assets
- $3.3m
- Revenue
- $856.4k
- Investments
- $3.1m
- Employees
- 0
- Location
- Egremont, MA
- Founding
- 08/1986
- Data as of
- 12/2023
- EIN
- 13-6868370
Organization Overview
Richard M Allen Charitable Trust U D 12-23-85 M B is located in Egremont, MA. The organization was established in 1986. 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. Richard M Allen Charitable Trust U D 12-23-85 M B 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, Richard M Allen Charitable Trust U D 12-23-85 M B generated $856.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $217.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Richard M Allen Charitable Trust U D 12-23-85 M B has awarded 67 individual grants totaling $414,824. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $648,340 |
| Interest on Savings | $12 |
| Dividends & Interest | $137,233 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,802 |
| Capital Gain Net Income | $70,802 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $856,387 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,401 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $202 |
| Total operating and administrative expenses | $5,603 |
| Contributions, gifts, grants paid | $211,724 |
| Total expenses and disbursements | $217,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,916 |
| 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 | $150,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $484,950 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,347,606 |
| 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, Richard M Allen Charitable Trust U D 12-23-85 M B has awarded $211,724 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
BERK BOT GARDEN PURPOSE: GENERAL | $250 |
BIKES FOR THE WORLD PURPOSE: GENERAL | $750 |
CHESTERWOOD PURPOSE: GENERAL | $250 |
COMM CTR NORTHERN WESTCHESTER PURPOSE: GENERAL | $3,000 |
GREENAGERS PURPOSE: GENERAL | $1,000 |
CENTR BERK HABITAT FOR HUMANITY PURPOSE: GENERAL | $10,000 |