Elizabeth Hill Trust
- Assets
- $1.1m
- Revenue
- $44.7k
- Investments
- $1.0m
- Employees
- 0
- Location
- Eagle Grove, IA
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 42-6375488
Organization Overview
Elizabeth Hill Trust is located in Eagle Grove, IA. The organization was established in 1988. 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. Elizabeth Hill 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, Elizabeth Hill Trust generated $44.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $56.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Elizabeth Hill Trust has awarded 16 individual grants totaling $533,651. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR STUDENTS WHO GRADUATE FROM EAGLE GROVE SENIOR HIGH
GRANTS GIVEN TO EAGLE GROVE COMMUNITY SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Bartlett Trustee | 0 | $0 | |
Dean Shutt Trustee | 0 | $0 | |
Pat Manues Trustee | 0 | $0 | |
William Long Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $67 |
| Dividends & Interest | $26,085 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,564 |
| Capital Gain Net Income | $143 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,716 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $343 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $30 |
| Other expenses | $269 |
| Total operating and administrative expenses | $2,137 |
| Contributions, gifts, grants paid | $54,700 |
| Total expenses and disbursements | $56,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,266 |
| 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 | $1,054,635 |
| 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, Elizabeth Hill Trust has awarded $54,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GRADUATESEAGLE GROVE COMM SCHOOLS PURPOSE: COLLEGE SCHOLARSHIPS | $42,700 |
NC CAREER ACADEMYEG COMM SCHOOLS PURPOSE: 5 HS SCHOLARSHIPS | $12,000 |