Charles H Douglas Charitable Tr
- Assets
- $5.7m
- Revenue
- $283.4k
- Investments
- $5.5m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 08/1999
- Data as of
- 12/2023
- EIN
- 14-1814550
Organization Overview
Charles H Douglas Charitable Tr is located in Albany, NY. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Charles H Douglas 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, Charles H Douglas Charitable Tr generated $283.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $326.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Charles H Douglas Charitable Tr has awarded 65 individual grants totaling $1,733,087. 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 |
|---|---|---|---|
Name Not Listed Trustee | 1 | $42,275 | |
John Vannorden ESQ Co-Trustee | 1 | $18,406 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,667 |
| Dividends & Interest | $225,934 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,799 |
| Capital Gain Net Income | $49,799 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $283,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,681 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,675 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $66,156 |
| Contributions, gifts, grants paid | $260,000 |
| Total expenses and disbursements | $326,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$5 |
| Savings and temporary cash investments | $187,392 |
| 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 | $4,694,224 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,670,996 |
| 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, Charles H Douglas Charitable Tr has awarded $260,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ADIRONDACK 46R CONSERVATI PURPOSE: CHARITABLE | $20,000 |
AMERICAN CANCER SOCIETY I PURPOSE: CHARITABLE | $20,000 |
THE NATURE CONSERVANCY PURPOSE: CHARITABLE | $20,000 |
AMERICAN SOCIETY FOR THE PREVENTION PURPOSE: CHARITABLE | $20,000 |
NATIONAL ARTHRITIS FOUNDA PURPOSE: CHARITABLE | $20,000 |
GATEWAY LONGVIEW FOUNDATI PURPOSE: CHARITABLE | $20,000 |