Verna M Griffee Trust
- Assets
- $962.4k
- Revenue
- $39.5k
- Investments
- $872.3k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 10/2012
- Data as of
- 12/2022
- EIN
- 31-6103083
Organization Overview
Verna M Griffee Trust is located in Columbus, OH. 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. Verna M Griffee 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 12/2022, Verna M Griffee Trust generated $39.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $103.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Verna M Griffee Trust has awarded 776 individual grants totaling $508,481. 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 | $0 |
| Dividends & Interest | $27,954 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,524 |
| Capital Gain Net Income | $11,524 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,478 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,173 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,028 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $229 |
| Total operating and administrative expenses | $24,680 |
| Contributions, gifts, grants paid | $79,025 |
| Total expenses and disbursements | $103,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $90,023 |
| 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 | $962,358 |
| 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, Verna M Griffee Trust has awarded $79,025 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BOWLING GREEN STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,450 |
OHIO STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,250 |
RUSSELL SAGE COLLEGE PURPOSE: SCHOLARSHIPS | $1,450 |
MOUNT VERNON NAZARENE UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,350 |
MUSKINGUM UNIVERSITY PURPOSE: SCHOLARSHIPS | $15,950 |
CAPITAL UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,450 |