Robert E Roberts Charitable Remainder Annuity Trust
- Assets
- $400.4k
- Revenue
- $28.2k
- Investments
- $385.9k
- Employees
- 0
- Location
- Devils Lake, ND
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 45-0461184
Organization Overview
Robert E Roberts Charitable Remainder Annuity Trust is located in Devils Lake, ND. The organization was established in 0000. 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.
For the year ending 12/2023, Robert E Roberts Charitable Remainder Annuity Trust generated $28.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $34.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert E Roberts Charitable Remainder Annuity Trust has awarded 16 individual grants totaling $113,891. 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
DISTRIBUTE INCOME TO AREA COLLEGES AND DIOCESE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,523 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,451 |
| Capital Gain Net Income | $13,451 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $196 |
| Total Revenue | $28,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,670 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,829 |
| Contributions, gifts, grants paid | $27,904 |
| Total expenses and disbursements | $34,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,835 |
| Net Accounts receivable | $713 |
| 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 | $400,412 |
| 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, Robert E Roberts Charitable Remainder Annuity Trust has awarded $27,904 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LAKE REGION COMMUNITY COLLEGE FOUNDATION PURPOSE: GENERAL GRANT | $6,976 |
NDSU DEVELOPMENT FOUNDATION PURPOSE: GENERAL GRANT | $6,976 |
THE EPISCOPAL DIOCESE OF NORTH DAKOTA PURPOSE: GENERAL GRANT | $6,976 |
UNIVERSITY OF NORTH DAKOTA FOUNDATION PURPOSE: GENERAL GRANT | $6,976 |