Trust Under The Will Of Henry G Freeman Jr Deceased
- Assets
- $15.2m
- Revenue
- $394.1k
- Investments
- $12.9m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 02/2018
- Data as of
- 12/2022
- EIN
- 23-6217332
Organization Overview
Trust Under The Will Of Henry G Freeman Jr Deceased is located in Las Vegas, NV. The organization was established in 2018. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trust Under The Will Of Henry G Freeman Jr Deceased 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 12/2022, Trust Under The Will Of Henry G Freeman Jr Deceased generated $394.1k 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 (27.1%) each year. All expenses for the organization totaled $864.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Trust Under The Will Of Henry G Freeman Jr Deceased has awarded 15 individual grants totaling $2,227,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $503,864 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$109,839 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38 |
| Total Revenue | $394,063 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,004 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,088 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $37,206 |
| Contributions, gifts, grants paid | $827,000 |
| Total expenses and disbursements | $864,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,289,616 |
| 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 | $12,874,488 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,164,104 |
| 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, Trust Under The Will Of Henry G Freeman Jr Deceased has awarded $827,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MASONIC VILLAGES GRAND LODGE OF PA PURPOSE: GENERAL OPERATING | $165,400 |
ROMAN CATHOLIC SOC OF ST JOSEPH PURPOSE: GENERAL OPERATING | $165,400 |
SILVER SPRINGS MARTIN LUTHER SCHOOL PURPOSE: GENERAL OPERATING | $165,400 |
NORTH PHILADELPHIA HEALTH SYSTEM PURPOSE: GENERAL OPERATING | $165,400 |
PENNSYLVANIA HOSPITAL PURPOSE: GENERAL OPERATING | $165,400 |