W Paul Starkey Foundation Trust is located in Galena, MD. The organization was established in 0000. 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.
For the year ending 06/2022, W Paul Starkey Foundation Trust generated $6.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $9.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank W Barrett Trustee | 1 | $0 | |
Robert Ferguson Trustee | 1 | $0 | |
William K Starkey Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,559 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$474 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,085 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $86 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90 |
| Total operating and administrative expenses | $176 |
| Contributions, gifts, grants paid | $8,785 |
| Total expenses and disbursements | $8,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,166 |
| Savings and temporary cash investments | $17,687 |
| 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 | $95,712 |
| 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, W Paul Starkey Foundation Trust has awarded $8,785 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS OF DELMARVA PENINSULA PURPOSE: CHARITABLE | $100 |
BLUE HILL PUBLIC LIBRARY PURPOSE: CHARITABLE | $200 |
BLUE HILL FIRE DEPARTMENT PURPOSE: CHARITABLE | $300 |
BLUE HILL HOSPITAL PURPOSE: CHARITABLE | $300 |
CARDIGAN MOUNTAIN SCHOOL PURPOSE: CHARITABLE | $50 |
BONNELL COVE FOUNDATION PURPOSE: CHARITABLE | $100 |