L S Cortright Charitable Trust is located in Dallas, TX. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2023, L S Cortright Charitable Trust generated $7.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $11.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,815 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $537 |
| Capital Gain Net Income | $537 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $611 |
| Total Revenue | $6,963 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,202 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $185 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $130 |
| Total operating and administrative expenses | $2,767 |
| Contributions, gifts, grants paid | $9,021 |
| Total expenses and disbursements | $11,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,820 |
| 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 | $223,182 |
| 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, L S Cortright Charitable Trust has awarded $9,021 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE SALVATION ARMY PURPOSE: UNRESTRICTED GENERAL | $970 |
ST LUKE'S HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $100 |
GOOD SHEPHERD REHABILITATION HOS PURPOSE: UNRESTRICTED GENERAL | $100 |
AMERICAN RED CROSS LEHIGH VALLEY PURPOSE: UNRESTRICTED GENERAL | $970 |
AMERICAN LEGION POST 379 PURPOSE: UNRESTRICTED GENERAL | $970 |
CITY OF BETHLEHEM PURPOSE: UNRESTRICTED GENERAL | $100 |