Inglesea Charitable Tr
- Assets
- $4.5m
- Revenue
- $352.4k
- Investments
- $4.5m
- Employees
- 0
- Location
- Norwalk, CT
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 35-7011350
Organization Overview
Inglesea Charitable Tr is located in Norwalk, CT. The organization was established in 2015. 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. Inglesea 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 12/2023, Inglesea Charitable Tr generated $352.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Inglesea Charitable Tr has awarded 707 individual grants totaling $10,251,719. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Palmisano Trustee | 2 | $0 | |
Gaier Palmisano Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54,832 |
| Dividends & Interest | $88,782 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $208,832 |
| Capital Gain Net Income | $208,832 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $352,446 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $59,090 |
| Total operating and administrative expenses | $72,336 |
| Contributions, gifts, grants paid | $1,661,185 |
| Total expenses and disbursements | $1,733,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $95,903 |
| 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 | $4,546,126 |
| 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, Inglesea Charitable Tr has awarded $1,661,185 in support to 82 organizations.
| Grant Recipient | Amount |
|---|---|
ADAM J LEWIS ACADEMY PURPOSE: CHARTIABLE | $300 |
AMERICAN ACADEMY OF ARTS SCIENCES PURPOSE: CHARITABLE | $500 |
AMIGOS OF COSTA RICA PURPOSE: CHARITABLE | $500 |
AMERICAN FRONTIER PURPOSE: CHARITABLE | $200,000 |
ASPETUCK LAND TRUST PURPOSE: CHARITABLE | $700 |
BRICK STORE MUSEUM PURPOSE: CHARITABLE | $500 |