Jerome A Schiff Charitable Tr
- Assets
- $930.6k
- Revenue
- $76.0k
- Investments
- $758.6k
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 08/1996
- Data as of
- 12/2022
- EIN
- 31-1472444
Organization Overview
Jerome A Schiff Charitable Tr is located in Wellesley, MA. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jerome A Schiff 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 12/2022, Jerome A Schiff Charitable Tr generated $76.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $80.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jerome A Schiff Charitable Tr has awarded 16 individual grants totaling $494,000. 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
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Locke Trustee | 0 | $10,310 | |
A Arnold Lundwall Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $228 |
| Dividends & Interest | $34,220 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,573 |
| Capital Gain Net Income | $41,573 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $76,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,310 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,751 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $17,296 |
| Contributions, gifts, grants paid | $63,000 |
| Total expenses and disbursements | $80,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$62,116 |
| Savings and temporary cash investments | $234,102 |
| 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 | $930,619 |
| 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, Jerome A Schiff Charitable Tr has awarded $63,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WELLESLEY COLLEGE PURPOSE: TO ESTABLISH UNDERGRADUATE RESEARCH FELLOWSHIPS | $31,500 |
BRANDEIS UNIVERSITY PURPOSE: TO ESTABLISH UNDERGRADUATE RESEARCH FELLOWSHIPS | $31,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Association For Human Services Inc Hartford, CT | $1,275,568 | $1,386,862 |
Champlain Islanders Developing Essential Resources South Hero, VT | $928,742 | $707,847 |
Musica Viva Inc New York, NY | $203,327 | $224,878 |
Jerome A Schiff Charitable Tr Wellesley, MA | $930,619 | $76,021 |
Pastel Painters Society Of Cape Cod Inc Barnstable, MA | $69,433 | $0 |
Charles Schwartz Foundation For Music Wappingers Falls, NY | $70,170 | $26,347 |
Have A Heart Foundation Of Staten Island Inc Staten Island, NY | $72,506 | $0 |
Organization For International Development Bronx, NY | $135,664 | $0 |
Foundation For Safe Boating And Marine Info Inc Brooklyn, NY | $0 | $30,000 |