Mestre Charitable Tr
- Assets
- $2.5m
- Revenue
- $85.7k
- Investments
- $2.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-7169513
Organization Overview
Mestre Charitable Tr is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mestre Charitable Tr 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 12/2021, Mestre Charitable Tr generated $85.7k 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 (5.7%) each year. All expenses for the organization totaled $192.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mestre Charitable Tr has awarded 26 individual grants totaling $1,300,000. 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 |
|---|---|---|---|
Eduardo G Mestre Jr Trustee | 0 | $0 | |
Gillian M Shepherd Trustee | 0 | $0 | |
Christina A Mestre Trustee | 0 | $0 | |
Laura E Mestre Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $179 |
| Dividends & Interest | $100,443 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$25,377 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,424 |
| Total Revenue | $85,669 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,255 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,885 |
| Total operating and administrative expenses | $17,140 |
| Contributions, gifts, grants paid | $175,000 |
| Total expenses and disbursements | $192,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,304 |
| Savings and temporary cash investments | $0 |
| 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 | $1,720,392 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,505,891 |
| 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, Mestre Charitable Tr has awarded $350,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FLORESTA USA (PLANTS WITH A PURPOSE) PURPOSE: FOOD ENVIRONMENT ECONOMIC DEVELOPMENT & MICRO FINANCE ISSUES- FLORESTA AIDS FARMERS TO RESTORE THEIR LAND & START NEW. | $75,000 |
FLORESTA USA (PLANTS WITH A PURPOSE) PURPOSE: FOOD ENVIRONMENT ECONOMIC DEVELOPMENT & MICRO FINANCE ISSUES- FLORESTA AIDS FARMERS TO RESTORE THEIR LAND & START NEW. | $75,000 |
KIND INC (KIDS IN NEED OF DEFENSE) PURPOSE: KIND, INC OFFERS AFTERSCHOOL ACTIVITIES,EDUCATIONAL SUPPORT AND FAMILY EVENTS FOR DISADVANTAGED RURAL CHILDREN AND YOUTH. | $60,000 |
KIND INC (KIDS IN NEED OF DEFENSE) PURPOSE: KIND, INC OFFERS AFTERSCHOOL ACTIVITIES,EDUCATIONAL SUPPORT AND FAMILY EVENTS FOR DISADVANTAGED RURAL CHILDREN AND YOUTH. | $60,000 |
Redondo Beach, CA PURPOSE: I-ACT PIONEERS EDUCATION & HUMANITARIAN PROGRAMS | $25,000 |
Redondo Beach, CA PURPOSE: I-ACT PIONEERS EDUCATION & HUMANITARIAN PROGRAMS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trust Agreement For Post-Retirement Medical Plan For Union Employees O Orange, CT | $12,937,744 | $1,860,359 |
New York State Teamsters Council - Ups Retiree Health Fund Syracuse, NY | $29,541,593 | $3,694,881 |
Cambridge Public Employees Dental Cambridge, MA | $9,868,388 | $6,527,168 |
Greater Rochester Area Honda Dealers Ad Association Inc Rochester, NY | $2,436,536 | $5,748,832 |
Cruden Bay Risk Retention Group Inc Williston, VT | $20,126,037 | $6,048,862 |
Greater Philadelphia Alliance For Capital And Technologies Philadelphia, PA | $1,201,603 | $2,118,926 |
Motion Picture Players Welfare Fund New York, NY | $15,840,921 | $1,390,563 |
The Atlas 400 Inc Shrewsbury, PA | $1,163,842 | $1,332,536 |
Moonstone Inc Philadelphia, PA | $964,589 | $1,798,698 |
New York State Energy Coalition Inc Hauppauge, NY | $1,821,552 | $890,161 |
Dooley Family Foundation New York, NY | $10,223,917 | $729,132 |
Allied Security Health & Welfare Fund Mineola, NY | $4,468,653 | $757,342 |