W Seymour Lacy Trust
- Assets
- $2.7m
- Revenue
- -$368.0
- Investments
- $2.6m
- Employees
- 0
- Location
- Iowa City, IA
- Founding
- 01/1991
- Data as of
- 11/2023
- EIN
- 42-6051558
Organization Overview
W Seymour Lacy Trust is located in Iowa City, IA. The organization was established in 1991. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. W Seymour Lacy Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, W Seymour Lacy Trust has awarded 40 individual grants totaling $709,321. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PAID ANNUALLY TO CHARITIES THAT BENEFIT THE YOUTH OF OSKALOOSA IOWA INCLUDING THE PUBLIC LIBRARY, LOCAL COLLEGE, YMCA, BOY SCOUTS AND GIRL SCOUTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wells Fargo Bank Na Former Trust | 2 | $40,064 | |
Midwestone Bank Trustee- Ba | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47,323 |
| Dividends & Interest | $29,534 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$93,768 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,543 |
| Total Revenue | -$368 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,359 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,649 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,611 |
| Contributions, gifts, grants paid | $153,079 |
| Total expenses and disbursements | $188,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $119,810 |
| 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 | $34 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,613,129 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,732,973 |
| 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, W Seymour Lacy Trust has awarded $153,079 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL COUNCIL OF YMCA PURPOSE: GENERAL OPERATING | $22,621 |
THE SALVATION ARMY PURPOSE: GENERAL OPERATING | $1,000 |
GIRL SCOUTS OF GREATER IOWA PURPOSE: GENERAL OPERATING | $12,310 |
WILLIAM PENN UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,500 |
YMCA MAHASKA COUNTY PURPOSE: GENERAL OPERATING | $68,407 |
MID IOWA COUNCIL BSA PURPOSE: GENERAL OPERATING | $9,483 |