Aaron A And Maria H Putnam Family Charitable Trust
- Assets
- $2.3m
- Revenue
- $94.3k
- Investments
- $2.1m
- Employees
- 0
- Location
- Houlton, ME
- Founding
- 04/2012
- Data as of
- 12/2023
- EIN
- 27-2844121
Organization Overview
Aaron A And Maria H Putnam Family Charitable Trust is located in Houlton, ME. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Aaron A And Maria H Putnam Family 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 12/2023, Aaron A And Maria H Putnam Family Charitable Trust generated $94.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (27.0%) each year. All expenses for the organization totaled $216.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aaron A And Maria H Putnam Family Charitable Trust has awarded 161 individual grants totaling $1,359,421. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary A Severson Trustee | 2 | $10,469 | |
Paul J Callnan Trustee | 2 | $10,469 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,782 |
| Dividends & Interest | $64,171 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,628 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,750 |
| Total Revenue | $94,331 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,938 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $5,723 |
| Taxes | $8,156 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,574 |
| Total operating and administrative expenses | $60,543 |
| Contributions, gifts, grants paid | $156,245 |
| Total expenses and disbursements | $216,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,057 |
| 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 | $2,085,058 |
| Net Land, buildings, and equipment | $228,166 |
| Other assets | $0 |
| Total assets | $2,329,281 |
| 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, Aaron A And Maria H Putnam Family Charitable Trust has awarded $156,245 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ADOPT A BLOCK AROOSTOOK PURPOSE: PROVIDING FAMILIES FOOD & RECREATION | $10,000 |
AMERICAN RED CROSS PURPOSE: CARE FOR THE NEEDY | $5,000 |
CARY LIBRARY PURPOSE: CULTURAL ENGAGEMENT | $1,000 |
ARK ANIMAL SANCTUARY PURPOSE: ANIMAL RESCUE AND REHABILITATION | $2,000 |
HOULTON CHAMBER OF COMMERCE PURPOSE: COMMUNITY BEAUTIFICATIUON | $4,000 |
HOULTON HIGH SCHOOL ALUMNI ASSOC PURPOSE: EDUCATIONAL SCHOLARSHIPS | $2,500 |