Oliver W Benedict Charitable Trust
- Assets
- $371.0k
- Revenue
- $14.3k
- Investments
- $364.7k
- Employees
- 0
- Location
- Norwich, NY
- Founding
- 00/0000
- Data as of
- 08/2023
- EIN
- 22-2321048
Organization Overview
Oliver W Benedict Charitable Trust is located in Norwich, NY. The organization was established in 0000. 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.
For the year ending 08/2023, Oliver W Benedict Charitable Trust generated $14.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $26.9k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,904 |
| Capital Gain Net Income | $1,904 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,351 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $488 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $4,669 |
| Contributions, gifts, grants paid | $22,214 |
| Total expenses and disbursements | $26,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,280 |
| 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 | $364,701 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $370,981 |
| 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, Oliver W Benedict Charitable Trust has awarded $22,214 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHENANGO MEMORIAL HOSPITAL PURPOSE: PEDIATRICS DEPT | $3,921 |
YOUNG MENS CHRISTIAN ASSOC OF NORWICH PURPOSE: MEMBERSHIP FOR DESERVING | $2,615 |
GIRL SCOUTS OF NYPENN PATHWAYS PURPOSE: SUMMER CAMP | $1,306 |
BADEN-POWELL COUNCIL INC PURPOSE: SUMMER CAMP PROGRAM | $1,306 |
EMMANUEL EPISCOPAL CHURCH PURPOSE: RELIGIOUS EDUCATIONAL WORK | $13,066 |