Gary And Patricia Darman Charitable Tr
- Assets
- $1.1m
- Revenue
- $403.6k
- Investments
- $618.9k
- Employees
- 0
- Location
- Hingham, MA
- Founding
- Data as of
- 12/2022
- EIN
- 85-6773842
Organization Overview
Gary And Patricia Darman Charitable Tr is located in Hingham, MA. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Gary And Patricia Darman 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 12/2022, Gary And Patricia Darman Charitable Tr generated $403.6k 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 (6.9%) each year.
Since 2021, Gary And Patricia Darman Charitable Tr has awarded 59 individual grants totaling $389,530. 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 |
|---|---|---|---|
Gary Darman Trustee | 1 | $0 | |
Patricia Darman Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $374 |
| Dividends & Interest | $11,695 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$108,519 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $403,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $64 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,494 |
| Contributions, gifts, grants paid | $168,465 |
| Total expenses and disbursements | $181,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $486,695 |
| Savings and temporary cash investments | $0 |
| 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 | $1,105,602 |
| 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, Gary And Patricia Darman Charitable Tr has awarded $168,465 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BETHESDA HOUSE PURPOSE: COMMUNITY & CHARITABLE | $500 |
BOYS AND GIRLS CLUB OF BOSTON PURPOSE: COMMUNITY & CHARITABLE | $100,000 |
BRIGHAMS AND WOMENS PURPOSE: MEDICAL | $10,000 |
DANA FARBER CANCER INSTITUTE PURPOSE: MEDICAL | $1,000 |
HIGHER GROUND SUN VALLEY PURPOSE: COMMUNITY & CHARITABLE | $1,000 |
HOME FOR LITTLE WANDERERS PURPOSE: COMMUNITY & CHARITABLE | $700 |