Vera G Hargrove Tr 325 is located in Las Vegas, NV. The organization was established in 1992. 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. Vera G Hargrove Tr 325 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, Vera G Hargrove Tr 325 generated $66.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $143.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Vera G Hargrove Tr 325 has awarded 15 individual grants totaling $596,184. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $66,517 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | -$1,104 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $572 | 
| Total Revenue | $65,985 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,015 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $1,330 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $23 | 
| Total operating and administrative expenses | $17,880 | 
| Contributions, gifts, grants paid | $126,000 | 
| Total expenses and disbursements | $143,880 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94 | 
| Savings and temporary cash investments | $56,349 | 
| 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 | $736,570 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $1,945,987 | 
| 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 | 
Over the last fiscal year, Vera G Hargrove Tr 325 has awarded $126,000 in support to 3 organizations.
| Grant Recipient | Amount | 
|---|---|
PRESIDENT & FELLOWS HARVARD COLLEGE PURPOSE: GENERAL OPERATING  | $42,000 | 
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: GENERAL OPERATING  | $42,000 | 
SANTA BARBARA FOUNDATION PURPOSE: GENERAL OPERATING  | $42,000 |