Edna L Covalt Charitable Tr is located in Honolulu, HI. 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. Edna L Covalt 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 06/2023, Edna L Covalt Charitable Tr generated $23.9k in total revenue. All expenses for the organization totaled $103.6k during the year ending 06/2023.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,494 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,555 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,939 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,157 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,550 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,639 |
| Contributions, gifts, grants paid | $76,000 |
| Total expenses and disbursements | $103,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,154 |
| Savings and temporary cash investments | $29,360 |
| 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 | $1,548,802 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,579,316 |
| 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 |
Over the last fiscal year, Edna L Covalt Charitable Tr has awarded $76,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE FOOD BASKET INC PURPOSE: EMERGENCY FOOD PROGRAM | $30,000 |
FEEDING HAWAII TOGETHER PURPOSE: FOR SUPPORTING RESILIENCE | $26,000 |
INSTITUTE FOR HUMAN SERVICES INC PURPOSE: IHS MEALS PROGRAM | $20,000 |