Clinton H & Wilma T Shattuck Charitable Trust
- Assets
- $3.5m
- Revenue
- $198.0k
- Investments
- $2.7m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 02/1986
- Data as of
- 08/2023
- EIN
- 22-2659654
Organization Overview
Clinton H & Wilma T Shattuck Charitable Trust is located in Boston, 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. Clinton H & Wilma T Shattuck 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 08/2023, Clinton H & Wilma T Shattuck Charitable Trust generated $198.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $457.9k during the year ending 08/2023. While expenses have increased by 4.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clinton H & Wilma T Shattuck Charitable Trust has awarded 132 individual grants totaling $1,330,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES. THE FOUNDATION'S ONLY ACTIVITY IS TO MAKE CHARITABLE CONTRIBUTIONS TO APPROVED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Meuse Trustee | 0 | $0 | |
Elizabeth N Van Dorn Trustee | 5 | $9,312 | |
William Van Dorn Trustee | 5 | $10,321 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,133 |
| Dividends & Interest | $189,008 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,834 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,666 |
| Total Revenue | $197,973 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,633 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,746 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,518 |
| Total operating and administrative expenses | $90,860 |
| Contributions, gifts, grants paid | $367,000 |
| Total expenses and disbursements | $457,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $472 |
| Savings and temporary cash investments | $27,071 |
| 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 | $13,447 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $778,163 |
| Total assets | $3,482,228 |
| 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, Clinton H & Wilma T Shattuck Charitable Trust has awarded $367,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ARNOLD ARBORETUM OF HARVARD UNIVERSITY PURPOSE: TRANSPORTATION TO ARNOLD ARBORETUM FOR BOSTON PUBLIC SCHOOL PUPILS | $12,500 |
BOSTON ARTS ACADAMY FOUNDATION PURPOSE: GENERAL FUND | $10,000 |
BOSTON CENTER FOR THE ARTS PURPOSE: ARTISTIC PROGRAMS | $10,000 |
BOSTON CHINATOWN NEIGHBORHOOD CENTER INC PURPOSE: GENERAL FUND | $20,000 |
BOSTON PREPARATORY CHARTER PUBLIC SCHOOL PURPOSE: GENERAL FUND | $10,000 |
BREAKTHROUGH GREATER BOSTON PURPOSE: GENERAL FUND | $10,000 |