Stewart B Eckers Charitable Trust is located in Towson, MD. The organization was established in 2011. According to its NTEE Classification (T30) the organization is classified as: Public 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. Stewart B Eckers 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, Stewart B Eckers Charitable Trust generated $95.6k 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 (6.6%) each year. All expenses for the organization totaled $190.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Stewart B Eckers Charitable Trust has awarded 28 individual grants totaling $410,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDS GRANTS AND CONTRIBUTIONS TO OTHER SECTION 501(C)(3) ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Heavel Trustee | 2 | $1,750 | |
Alex Hassani Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,087 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,556 |
| Capital Gain Net Income | $23,556 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,643 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,216 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $57,917 |
| Contributions, gifts, grants paid | $132,500 |
| Total expenses and disbursements | $190,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,779 |
| 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 | $2,720,378 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,745,157 |
| 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, Stewart B Eckers Charitable Trust has awarded $132,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FIDELITY CHARITABLE DONOR ADVISED FUND PURPOSE: UNRESTRICTED LIMITED TO QUALIFYING PUBLIC CHARITIES | $110,000 |
NORTH BEND ELEMENTARY SCHOOL PTA PURPOSE: UNRESTRICTED | $7,500 |
PIPELINE SOCCER CLUB PURPOSE: UNRESTRICTED | $3,000 |
WILEY H BATES MIDDLE SCHOOL PURPOSE: EDUCATION | $5,000 |
THE GREAT CHESAPEAKE BAY SWIM PURPOSE: UNRESTRICTED | $1,000 |
INTITUTE OF MARINE AND ENVIRONMENTAL TECHNOLOGY PURPOSE: UNRESTRICTED | $3,000 |