Abraham Burtman Charity Trust
- Assets
- $860.0k
- Revenue
- $57.6k
- Investments
- $839.8k
- Employees
- 0
- Location
- Dover, NH
- Founding
- 01/1972
- Data as of
- 12/2022
- 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 12/2022, Abraham Burtman Charity Trust generated $57.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $105.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Abraham Burtman Charity Trust has awarded 315 individual grants totaling $238,250. 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
2022
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 | 0.5 | $3,500 | |
Stephanie Shaines Trustee | 0.5 | $3,500 | |
Sarah Lavoie Trustee | 0.5 | $3,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,714 |
| Dividends & Interest | $36,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,667 |
| Capital Gain Net Income | $19,667 |
| Net ST Capital Gain | $3,856 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $112 |
| Total Revenue | $57,617 |
| 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 | $374 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $186 |
| Total operating and administrative expenses | $30,166 |
| Contributions, gifts, grants paid | $75,500 |
| Total expenses and disbursements | $105,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,168 |
| 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 | $549,616 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $859,980 |
| 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 $75,500 in support to 100 organizations.
| Grant Recipient | Amount |
|---|---|
BILODEAU LIAM PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $1,000 |
BADIBANGA THETHE PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $1,000 |
BREEN KATRINA PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $1,000 |
BOYLE ELAYNE PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $1,000 |
BROWN ALANA PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $1,000 |
BURKE JACKSON PURPOSE: FOR PHILANTHROPIC ASSISTANCE | $1,000 |