Daniel E Offutt Iii Charitable Tr
- Assets
- $0.0
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 47-6799671
Organization Overview
Daniel E Offutt Iii Charitable Tr is located in Sarasota, FL. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Daniel E Offutt Iii 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 12/2022, Daniel E Offutt Iii Charitable Tr generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.1% each year . All expenses for the organization totaled $7.7m during the year ending 12/2022. While expenses have increased by 37.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Daniel E Offutt Iii Charitable Tr has awarded 79 individual grants totaling $25,690,868. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,562,567 |
| Interest on Savings | $2,270 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,276 |
| Total Revenue | $6,578,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,447 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,145 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,642 |
| Contributions, gifts, grants paid | $7,632,830 |
| Total expenses and disbursements | $7,654,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Daniel E Offutt Iii Charitable Tr has awarded $7,632,830 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS FOR LEARNING CT PURPOSE: TO PROMOTE THE GOALS OF THE ORGANIZATION | $20,000 |
CARVER FOUNDATION PURPOSE: TO PROMOTE THE GOALS OF THE ORGANIZATION | $50,000 |
CHARLES SCHWAB CHARITABLE FUND PURPOSE: TO ESTABLISH NEW DONOR ADVISED FUND | $635,297 |
CLASP HOMES INC PURPOSE: TO PROMOTE THE GOALS OF THE ORGANIZATION | $10,000 |
DENVER WALDORF SCHOOL ASSOCIATION PURPOSE: TO PROMOTE THE GOALS OF THE ORGANIZATION | $30,000 |
EMBRACING OUR DIFFERENCES PURPOSE: TO PROMOTE THE GOALS OF THE ORGANIZATION | $40,000 |