Bray Charitable Tr-Lord Abbett
- Assets
- $2.3m
- Revenue
- $132.1k
- Investments
- $2.2m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 12/1900
- Data as of
- 09/2024
- EIN
- 38-6039741
Organization Overview
Bray Charitable Tr-Lord Abbett is located in Pennington, NJ. The organization was established in 1900. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2024, Bray Charitable Tr-Lord Abbett generated $132.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $138.0k during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bray Charitable Tr-Lord Abbett has awarded 59 individual grants totaling $693,065. 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 |
|---|---|---|---|
Bank Of America N A Co-Trustee | 2 | $23,884 | |
William L Ricker Co-Trustee | 1 | $0 | |
James N Johnson Co-Trustee | 1 | $0 | |
Sally Richards Ricker Co-Trustee | 1 | $0 | |
Molly Bray Mccormick Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,535 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,516 |
| Capital Gain Net Income | $65,516 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $132,051 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,884 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,223 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27 |
| Total operating and administrative expenses | $26,134 |
| Contributions, gifts, grants paid | $111,914 |
| Total expenses and disbursements | $138,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,437 |
| Savings and temporary cash investments | $129,755 |
| 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 | $456,098 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,335,460 |
| 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, Bray Charitable Tr-Lord Abbett has awarded $111,914 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COLEL CHABAD PURPOSE: GENERAL OPERATING | $2,000 |
YMCA OF GREATER FLINT PURPOSE: GENERAL OPERATING | $1,000 |
FLINT INSTITUTE OF ARTS PURPOSE: GENERAL OPERATING | $102,914 |
ART COUNCIL OF WHITE LAKE PURPOSE: GENERAL OPERATING | $1,000 |
FLINT CULTURAL CENTER CORP INC PURPOSE: GENERAL OPERATING | $2,000 |
AMERICAN RED CROSS PURPOSE: GENERAL OPERATING | $1,000 |