Coombs-Robbins Tr Fund
- Assets
- $1.0m
- Revenue
- $63.3k
- Investments
- $948.1k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/2014
- Data as of
- 12/2022
- EIN
- 27-6905689
Organization Overview
Coombs-Robbins Tr Fund is located in Wilmington, DE. The organization was established in 2014. 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. Coombs-Robbins Tr Fund 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, Coombs-Robbins Tr Fund generated $63.3k 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 (7.0%) each year. All expenses for the organization totaled $90.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Coombs-Robbins Tr Fund has awarded 21 individual grants totaling $241,668. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,205 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,071 |
| Capital Gain Net Income | $40,071 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $63,276 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,748 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,810 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,717 |
| Contributions, gifts, grants paid | $72,975 |
| Total expenses and disbursements | $90,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $608 |
| Savings and temporary cash investments | $53,750 |
| 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 | $1,002,472 |
| 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, Coombs-Robbins Tr Fund has awarded $72,975 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PARISH CHURCH OF PORTLAND PURPOSE: GENERAL OPERATIONS | $10,425 |
GUIDING EYES FOR THE BLIND PURPOSE: GENERAL OPERATIONS | $10,425 |
SALVATION ARMY PURPOSE: GENERAL OPERATIONS | $10,425 |
WAYFINDER SCHOOLS PURPOSE: EDUCATION | $10,425 |
THE AMERICAN MACULAR DEGENERATION PURPOSE: GENERAL OPERATIONS | $10,425 |
GOOD SHEPHERD FOOD BANK PURPOSE: GENERAL OPERATIONS | $10,425 |