Grose John Edwin Charitable Trust is located in Las Vegas, NV. The organization was established in 2012. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grose John Edwin Charitable 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, Grose John Edwin Charitable Trust generated $3.9k 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 (51.8%) each year. All expenses for the organization totaled $202.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $104,687 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$100,796 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,733 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,689 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $52,455 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $202,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $190,000 |
| 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 | $1,881,061 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,782,268 |
| 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 |
Over the last fiscal year, Grose John Edwin Charitable Trust has awarded $150,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE UMC OF THE UNITED STATES PURPOSE: GENERAL OPERATING | $37,500 |
WEST VIRGINIA UNIVERSITY FND INC PURPOSE: GENERAL OPERATING | $112,500 |