Elizabeth Heyer Charitable Trust
- Assets
- $8.7m
- Revenue
- $108.8k
- Investments
- $2.1m
- Employees
- 0
- Location
- Billings, MT
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 81-3066836
Organization Overview
Elizabeth Heyer Charitable Trust is located in Billings, MT. The organization was established in 2016. 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. Elizabeth Heyer 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, Elizabeth Heyer Charitable Trust generated $108.8k 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 (51.6%) each year. All expenses for the organization totaled $752.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Elizabeth Heyer Charitable Trust has awarded 23 individual grants totaling $2,313,000. 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 |
|---|---|---|---|
Phillip D Bratton Trustee | 7.12 | $132,231 | |
Jerome Depalma Trustee | 7.02 | $132,231 | |
Angelina Filippo Trustee | 0.05 | $1,125 | |
John Heenan Trustee | 0.05 | $1,125 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,100 |
| Dividends & Interest | $75,710 |
| Net Rental Income | $21,735 |
| Net Gain on Sale of Assets | -$468 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,700 |
| Total Revenue | $108,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $266,712 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,567 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,541 |
| Total operating and administrative expenses | $342,665 |
| Contributions, gifts, grants paid | $410,000 |
| Total expenses and disbursements | $752,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $303,575 |
| Net Accounts receivable | $1,200 |
| 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 | $6,369,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,723,859 |
| 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, Elizabeth Heyer Charitable Trust has awarded $410,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EBENEZER BIBLE CHAPEL PURPOSE: GENERAL FUND | $25,000 |
SALVATION ARMY PURPOSE: GENERAL FUND | $100,000 |
THE BLIND CENTER OF NEVADA PURPOSE: GENERAL FUND | $285,000 |