Stanley Grover Charitable Trust
- Assets
- $1.2m
- Revenue
- $173.3k
- Investments
- $403.5k
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 09/2001
- Data as of
- 12/2022
- EIN
- 75-2941888
Organization Overview
Stanley Grover Charitable Trust is located in Wichita Falls, TX. The organization was established in 2001. 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. Stanley Grover 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, Stanley Grover Charitable Trust generated $173.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 54.3% each year . All expenses for the organization totaled $18.4k during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 8 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,726 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,505 |
| Capital Gain Net Income | $3,289 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $182,066 |
| Total Revenue | $173,287 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $168 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,454 |
| Total operating and administrative expenses | $18,396 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $18,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $44,262 |
| 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 | $12,347 |
| 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 | $717,904 |
| Total assets | $1,177,974 |
| 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, Stanley Grover Charitable Trust has awarded $7,775 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
HARVEST FOOD MINISTRY PURPOSE: OPERATIONAL SUPPORT | $2,500 |
WICHITA FALLS AREA FOOD BANK PURPOSE: OPERATIONAL SUPPORT | $300 |
UNITED REGIONAL FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $500 |
UNIVERSITY KIWANIS CLUB PURPOSE: OPERATIONAL SUPPORT | $875 |
FRIENDS OF SCOUTING - NORTH TX PURPOSE: OPERATIONAL SUPPORT | $500 |
DRUG FREE HOLLIDAY ISD PURPOSE: OPERATIONAL SUPPORT | $300 |