Ethel Marie Smith Trust Under Will is located in Hollidaysburg, PA.
For the year ending 12/2021, Ethel Marie Smith Trust Under Will generated $43.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 64.1% each year . All expenses for the organization totaled $50.9k during the year ending 12/2021. While expenses have increased by 29.2% per year over the past 2 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUST PROVIDES FUNDS TO 501(C)(3) ORGANIZATIONS
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,737 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,100 |
| Capital Gain Net Income | $28,100 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,837 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,443 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,819 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,780 |
| Contributions, gifts, grants paid | $39,098 |
| Total expenses and disbursements | $50,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $414 |
| Total assets | $540,651 |
| 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, Ethel Marie Smith Trust Under Will has awarded $39,098 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL PA HUMANE SOCIETY PURPOSE: PROGRAM SUPPORT | $9,775 |
HICKS MEMORIAL UNITED METHODIST CHURCH PURPOSE: PROGRAM SUPPORT | $29,323 |