Skylight Charitable Tr
- Assets
- $110.3m
- Revenue
- $8.3m
- Investments
- $105.4m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- Data as of
- 12/2023
- EIN
- 85-6456699
Organization Overview
Skylight Charitable Tr is located in Scottsdale, AZ. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skylight 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 12/2023, Skylight Charitable Tr generated $8.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (58.4%) each year. All expenses for the organization totaled $5.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Skylight Charitable Tr has awarded 25 individual grants totaling $7,190,664. 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 |
|---|---|---|---|
Barton Bentzin President & Chairman Of The Board | 1 | $130,000 | |
Sarah Bentzin Vice President & Secretary | 1 | $50,000 | |
Joseph Blaylock Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/23 | $139,557 |
The Pgk Group - Merrill Lynch | 12/30/23 | $494,238 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,782,904 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,145,284 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,652,057 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,276,131 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $180,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $66,320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $195 |
| Total operating and administrative expenses | $928,131 |
| Contributions, gifts, grants paid | $4,858,647 |
| Total expenses and disbursements | $5,786,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,972,412 |
| 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 | $37,002,120 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $110,346,250 |
| 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, Skylight Charitable Tr has awarded $4,858,647 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BRAIN FOUNDATION PURPOSE: LEWY BODY DEMENTIA RESEARCH STUDY | $1,100,000 |
AMERICAN BRAIN FOUNDATION PURPOSE: NEUROINFECTIOUS DISEASES RESEARCH | $625,000 |
ARIZONA COMMUNITY FOUNDATION PURPOSE: DONOR ADVISED FUND | $450,000 |
CMT RESEARCH FOUNDATION INC PURPOSE: ALLAN JACKSON CHALLENGE GRANT | $382,983 |
CMT RESEARCH FOUNDATION INC PURPOSE: GENERAL RESEARCH SUPPORT | $100,000 |
CUREPSP INC PURPOSE: STUDY GRANT | $250,000 |