Carrie Lewith Charitable Trust
- Assets
- $9.9m
- Revenue
- $268.0k
- Investments
- $9.0m
- Employees
- 0
- Location
- Bainbridge Island, WA
- Founding
- 08/1984
- Data as of
- 12/2022
- EIN
- 91-6061781
Organization Overview
Carrie Lewith Charitable Trust is located in Bainbridge Island, WA. The organization was established in 1984. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Carrie Lewith 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, Carrie Lewith Charitable Trust generated $268.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $329.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE HOME FOR LOW-INCOME SENIORS.
GRANTS AND ASSISTANCE: DIRECT CHARITABLE OUTLAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianne Jones Executive Director | 20 | $61,200 | |
Zach Anderson Director Of Operations | 24 | $52,877 | |
Anya Edwards Trustee | 10 | $29,475 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $68 |
| Dividends & Interest | $267,121 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $712 |
| Capital Gain Net Income | $712 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $143 |
| Total Revenue | $268,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $29,475 |
| Other employee salaries and wages | $114,128 |
| Pension plans, employee benefits | $8,228 |
| Interest | $0 |
| Taxes | $7,291 |
| Depreciation | $18,952 |
| Occupancy | $86,500 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,347 |
| Total operating and administrative expenses | $329,018 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $329,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,890 |
| Savings and temporary cash investments | $67,588 |
| Net Accounts receivable | $2,316 |
| 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 | $70 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $702,234 |
| Other assets | $8,850 |
| Total assets | $9,868,213 |
| 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, Carrie Lewith Charitable Trust has awarded $214,400 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
J SOUTHERN PURPOSE: LIVING STIPEND FOR INDIGENT RESIDENT OF FOUNDATION'S HOME FOR THE ELDERLY | $4,800 |
L LINDHOLM PURPOSE: LIVING STIPEND FOR INDIGENT RESIDENT OF FOUNDATION'S HOME FOR THE ELDERLY | $4,800 |
M A STONE PURPOSE: LIVING STIPEND FOR INDIGENT RESIDENT OF FOUNDATION'S HOME FOR THE ELDERLY | $4,800 |
THE SEATTLE FOUNDATION PURPOSE: HOUSING FOR LOW-INCOME SENIORS | $200,000 |