Rose M Clark Trust Uw
- Assets
- $2.9m
- Revenue
- $136.1k
- Investments
- $1.9m
- Employees
- 0
- Location
- Camden, ME
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 01-6085692
Organization Overview
Rose M Clark Trust Uw is located in Camden, ME. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rose M Clark Trust Uw 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, Rose M Clark Trust Uw generated $136.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $186.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Rose M Clark Trust Uw has awarded 24 individual grants totaling $1,308,300. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ACCORDANCE WITH THE DECEDENT'S WILL, THE TRUST DISTRIBUTES ANNUAL NET INCOME IN 3 EQUAL AMOUNTS TO EACH OF THE FOLLOWING CHARITABLE ORGANIZATIONS: 1)PEN BAY MEDICAL CENTER, NOW PART OF THE MAINEHEALTH ORGANIZATION, FOR GENERAL, UNRESTRICTED FUNDING OF THE HOSPITAL FACILITY LOCATED IN ROCKPORT, MAINE. 2)PINE TREE SOCIETY, INC., FOR GENERAL, UNRESTRICTED SUPPORT OF THE ORGANIZATION. 3)REGIONAL SCHOOL UNIT 40, FOR THE PURPOSE OF AWARDING POST-SECONDARY EDUCATION SCHOLARSHIPS TO RESIDENTS OF WALDOBORO, MAINE.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,104 |
| Dividends & Interest | $79,368 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,599 |
| Capital Gain Net Income | $55,599 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $136,071 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $29,390 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,152 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,560 |
| Total operating and administrative expenses | $33,377 |
| Contributions, gifts, grants paid | $153,000 |
| Total expenses and disbursements | $186,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $775,026 |
| 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 | $245,501 |
| Total assets | $2,879,538 |
| 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, Rose M Clark Trust Uw has awarded $153,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PINE TREE SOCIETY INC PURPOSE: UNRESTRICTED ORGANIZATION SUPPORT | $51,000 |
PEN BAY MEDICAL CENTERMAINEHEALTH PURPOSE: UNRESTRICTED SUPPORT OF THE HOSPITAL | $51,000 |
REGIONAL SCHOOL UNIT 40 PURPOSE: SCHOLARSHIPS FOR WALDOBORO RESIDENTS | $51,000 |