Abraham Burtman Charity Trust
- Assets
- $907.7k
- Revenue
- $78.6k
- Investments
- $886.9k
- Employees
- 0
- Location
- Dover, NH
- Founding
- 01/1972
- Data as of
- 12/2021
- EIN
- 02-6004364
Organization Overview
Abraham Burtman Charity Trust is located in Dover, NH. The organization was established in 1972. 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. Abraham Burtman Charity 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 12/2021, Abraham Burtman Charity Trust generated $78.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $108.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Abraham Burtman Charity Trust has awarded 329 individual grants totaling $245,750. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED LIST OF SCHOLARSHIPS AND GRANTS AWARDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Thayer Trustee | 5 | $3,500 | |
Stephanie Shaines Trustee | 5 | $3,500 | |
Paul R Cox Trustee | 5 | $3,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,661 |
| Dividends & Interest | $26,557 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,167 |
| Capital Gain Net Income | $50,167 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $250 |
| Total Revenue | $78,635 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $233 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,062 |
| Total operating and administrative expenses | $28,651 |
| Contributions, gifts, grants paid | $79,750 |
| Total expenses and disbursements | $108,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,747 |
| 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 | $570,495 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $907,685 |
| 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, Abraham Burtman Charity Trust has awarded $79,750 in support to 101 organizations.
| Grant Recipient | Amount |
|---|---|
FARMINGTON HIGH SCHOOL SCHOLARSHIP PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $2,000 |
FARMINGTON 500 BOYS & GIRLS CLUB PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $2,000 |
NUTE HIGH SCHOOL SCHOLARSHIP FUND PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $2,000 |
NEW DURHAM HIGH SCHOOL SCHOLARSHIP PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $2,000 |
ST THOMAS EPISCOPAL CHURCH PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $1,750 |
New Durham, NH PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Alfond Foundation Portland, ME | $813,380,857 | $317,083,832 |
Liberty Mutual Foundation Inc Boston, MA | $40,383,671 | $39,283,240 |
One Tree Planted Inc Shelburne, VT | $46,452,599 | $64,092,797 |
Mercer Family Foundation Waltham, MA | $54,165,721 | $38,341,516 |
Brooks Family Foundation Boston, MA | $0 | $26,552,695 |
Yawkey Foundation Ii Dedham, MA | $0 | $18,548,394 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Allen H & Selma W Berkman Charitable Trust Boston, MA | $738,750 | $104,320 |
Hausman Family Charitable Trust Boston, MA | $21,872,992 | $4,694,416 |
George I Alden Trust Worcester, MA | $212,050,748 | $45,527,501 |