Cglc Charitable Tr
- Assets
- $2.0m
- Revenue
- $74.1k
- Investments
- $1.9m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2010
- Data as of
- 12/2023
- EIN
- 27-6565175
Organization Overview
Cglc Charitable Tr is located in Wilmington, DE. The organization was established in 2010. 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. Cglc Charitable Tr 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, Cglc Charitable Tr generated $74.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $489.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cglc Charitable Tr has awarded 249 individual grants totaling $7,214,510. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,442 |
| Dividends & Interest | $61,421 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,228 |
| Capital Gain Net Income | $8,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,091 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,135 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,594 |
| Total operating and administrative expenses | $26,508 |
| Contributions, gifts, grants paid | $463,000 |
| Total expenses and disbursements | $489,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $85,909 |
| 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 | $265,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,979,305 |
| 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, Cglc Charitable Tr has awarded $463,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
AHA FOUNDATION INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
A PLACE CALLED HOME PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
BROADWAY BARKS INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
BROADWAY CARES-EQUITY FIGHTS AIDS INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
EARTH WAYS FOUNDATION INC PURPOSE: EARTHWAY'S EQUIP OUR KIDS PROJECT | $10,000 |
FOOD ON FOOT INC PURPOSE: GENERAL OPERATING SUPPORT FUND | $10,000 |