David Meade Massie Trust
- Assets
- $4.5m
- Revenue
- $221.8k
- Investments
- $4.2m
- Employees
- 0
- Location
- Chillicothe, OH
- Founding
- 08/1979
- Data as of
- 12/2021
- EIN
- 31-6022292
Organization Overview
David Meade Massie Trust is located in Chillicothe, OH. The organization was established in 1979. 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. David Meade Massie 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 12/2021, David Meade Massie Trust generated $221.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $359.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David Meade Massie Trust has awarded 230 individual grants totaling $1,341,874. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DISTRIBUTE GRANTS TO 501(C)(3) ORGANIZATIONS, CHURCHES, SCHOOLS, OR GOVERNMENTAL AGENCIES, LOCATED IN ROSS COUNTY, OHIO, FOR THE BENEFIT OF THE HAPPINESS AND WELFARE OF THE CITIZENS OF ROSS COUNTY, OHIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph P Sulzer Trustee | 8 | $10,000 | |
Thomas M Spetnagel Trustee | 8 | $10,000 | |
Harry B Junk II Trustee | 8 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $667 |
| Dividends & Interest | $200,979 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,128 |
| Capital Gain Net Income | $20,128 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $221,774 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $30,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,512 |
| Depreciation | $88 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,950 |
| Total operating and administrative expenses | $92,890 |
| Contributions, gifts, grants paid | $266,562 |
| Total expenses and disbursements | $359,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,235 |
| Savings and temporary cash investments | $292,663 |
| 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 | $422,827 |
| Net Land, buildings, and equipment | $620 |
| Other assets | $0 |
| Total assets | $4,492,350 |
| Accounts payable and accrued expenses | $424 |
| 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 | $424 |
Grants Awarded
Over the last fiscal year, David Meade Massie Trust has awarded $266,562 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ROSS COUNTY YMCA PURPOSE: EXPANSION OF CHILD CARE | $25,000 |
BISHOP FLAGET SCHOOL PURPOSE: HVAC | $20,000 |
Chillicothe, OH PURPOSE: MATCHING GRANT FOR RENOVATION | $20,000 |
ADENA LOCAL SCHOOL DISTRICT PURPOSE: SHELTER HOUSE, CONCESSION STAND ETC | $15,000 |
Chillicothe, OH PURPOSE: NEEDY | $15,000 |
BIG BROTHERS BIG SISTERS PURPOSE: REPLACE WINDOWS | $14,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Quantitative Foundation Philadelphia, PA | $101,541,098 | -$10,401,387 |
Fifth Third Union Trust Co Foundation Cincinnati, OH | $28,852,332 | $17,459,816 |
J N Pew Jr Charitable Trust Philadelphia, PA | $309,649,040 | $25,152,087 |