Corina Higginson Trust
- Assets
- $1.7m
- Revenue
- $575.9k
- Investments
- $1.6m
- Employees
- 0
- Location
- Charlotte Hall, MD
- Founding
- 05/1964
- Data as of
- 12/2021
- EIN
- 52-6055743
Organization Overview
Corina Higginson Trust is located in Charlotte Hall, MD. The organization was established in 1964. 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 the central organization for a national or regional group of organizations. Corina Higginson 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 12/2021, Corina Higginson Trust generated $575.9k in total revenue. All expenses for the organization totaled $535.2k during the year ending 12/2021. While expenses have increased by 4.5% 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, Corina Higginson Trust has awarded 229 individual grants totaling $1,543,000. 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 |
|---|---|---|---|
Laura Ford Trustee | 0 | $19,570 | |
Linda Cropp Trustee | 0 | $1,000 | |
Wilton C Corkern Jr Trustee | 0 | $1,000 | |
Virginia L Mackay-Smith Trustee | 0 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $31,694 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $544,123 |
| Capital Gain Net Income | $544,123 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $60 |
| Total Revenue | $575,884 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,570 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,407 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,925 |
| Total operating and administrative expenses | $67,202 |
| Contributions, gifts, grants paid | $468,000 |
| Total expenses and disbursements | $535,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,074 |
| 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 | $593,114 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,664,516 |
| 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, Corina Higginson Trust has awarded $468,000 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: CHARITY | $15,000 |
WASHINGTON AIDS PARTNERSHIP PURPOSE: CHARITY | $10,000 |
Accokeek, MD PURPOSE: CHARITY | $9,500 |
ANDREW KEEGAN THEATRE PURPOSE: CHARITY | $7,500 |
Silver Spring, MD PURPOSE: CHARITY | $7,500 |
Washington, DC PURPOSE: CHARITY | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Bedford Falls Foundation C/O Joanne Barkett Conway Washington, DC | $61,666,880 | $84,617,094 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Walder Family Foundation Wilmington, DE | $215,951,796 | $11,130,940 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Max Stenbeck Foundation Wilmington, DE | $3,203,232 | $39,728,528 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |
Quantitative Foundation Philadelphia, PA | $101,541,098 | -$10,401,387 |
Wallace Global Fund Ii Washington, DC | $136,169,792 | $23,961,855 |
J N Pew Jr Charitable Trust Philadelphia, PA | $309,649,040 | $25,152,087 |