Laura May Stewart Trust Wells Fargo Bank Trustee
- Assets
- $2.3m
- Revenue
- $244.6k
- Investments
- $2.2m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 04/1976
- Data as of
- 05/2024
- EIN
- 95-6527634
Organization Overview
Laura May Stewart Trust Wells Fargo Bank Trustee is located in Pennington, NJ. The organization was established in 1976. 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. Laura May Stewart Trust Wells Fargo Bank Trustee 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 05/2024, Laura May Stewart Trust Wells Fargo Bank Trustee generated $244.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $83.9k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Laura May Stewart Trust Wells Fargo Bank Trustee has awarded 77 individual grants totaling $331,160. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,194 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $195,419 |
| Capital Gain Net Income | $195,419 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $244,613 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,273 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,873 |
| Contributions, gifts, grants paid | $62,003 |
| Total expenses and disbursements | $83,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,070 |
| Savings and temporary cash investments | $90,308 |
| 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 | $2,189,848 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,281,226 |
| 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, Laura May Stewart Trust Wells Fargo Bank Trustee has awarded $62,003 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
SUNNYSLOPE CEMETERY PURPOSE: GENERAL OPERATING | $2,732 |
PRESBYTERIAN CHURCH CHAPEL OF GRACE PURPOSE: GENERAL OPERATING | $1,750 |
SUN LAKES COUNTRY CLUB PURPOSE: GENERAL OPERATING | $5,917 |
CATCH A STAR THEATRICAL PLAYERS PURPOSE: GENERAL OPERATING | $3,360 |
PLAYHOUSE BOWL ASSOCIATION INC PURPOSE: GENERAL OPERATING | $6,000 |
BANNING PARTNERS FOR A REVITALIZED COMMU PURPOSE: GENERAL OPERATING | $2,750 |