Sullivan Charitable Trust
- Assets
- $446.5k
- Revenue
- $8.2k
- Investments
- $442.9k
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 06/1974
- Data as of
- 12/2022
- EIN
- 23-7369119
Organization Overview
Sullivan Charitable Trust is located in Tulsa, OK. The organization was established in 1974. 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. Sullivan 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 12/2022, Sullivan Charitable Trust generated $8.2k 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 (21.2%) each year. All expenses for the organization totaled $33.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF NOTRE DAME (MBA AND UNDERGRADUATE SCHOLARSHIP PROGRAMS) NOTRE DAME, IN 46556
FRIENDS OF CATHOLIC EDUCATION 1924 SOUTH UTICA, STE 1004 TULSA, OK 74101
DREXEL ACADEMY 1 W. 36TH STREET NORTH, SUITE 3 TULSA, OK 74106
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Sullivan Jr Trustee | 2 | $0 | |
Anthony J Lauinger Trustee | 2 | $0 | |
William L Schloss III Trustee | 2 | $0 | |
Martin F Sullivan Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,174 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,959 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,215 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,693 |
| Contributions, gifts, grants paid | $28,000 |
| Total expenses and disbursements | $33,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94 |
| Savings and temporary cash investments | $3,511 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $446,477 |
| 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, Sullivan Charitable Trust has awarded $28,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NOTRE DAME (MBA AND UNDERGRADUATE PURPOSE: EDUCATIONAL | $20,000 |
FRIENDS OF CATHOLIC EDUCATION PURPOSE: EDUCATIONAL | $4,000 |
DREXEL ACADEMY PURPOSE: EDUCATIONAL | $4,000 |