Harry K Alwine Residuary Trust is located in Hershey, PA. The organization was established in 1961. 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. Harry K Alwine Residuary 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 12/2022, Harry K Alwine Residuary Trust generated $115.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $200.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Harry K Alwine Residuary Trust has awarded 180 individual grants totaling $1,261,114. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $67,997 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,393 |
| Capital Gain Net Income | $47,393 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $115,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,850 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,549 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $53,629 |
| Contributions, gifts, grants paid | $146,553 |
| Total expenses and disbursements | $200,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,592 |
| 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 | $3,566,071 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,946,594 |
| 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 |
Over the last fiscal year, Harry K Alwine Residuary Trust has awarded $146,553 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: GENERAL CHARITABLE USE | $13,190 |
BETHANY CHILDREN'S HOME PURPOSE: GENERAL CHARITABLE USE | $17,586 |
BOY SCOUT TROOP #0097 PURPOSE: GENERAL CHARITABLE USE | $2,198 |
BOY SCOUT TROOP #0594 PURPOSE: GENERAL CHARITABLE USE | $2,198 |
B'NAI JACOB PURPOSE: GENERAL CHARITABLE USE | $1,353 |
CALVARY ORTHODOX PRESBYTERIAN CHURCH PURPOSE: GENERAL CHARITABLE USE | $1,383 |