Mary Louise Billings Trust 3035009497 is located in Johnston, RI. The organization was established in 1974. 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. Mary Louise Billings Trust 3035009497 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, Mary Louise Billings Trust 3035009497 generated $83.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $75.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Mary Louise Billings Trust 3035009497 has awarded 58 individual grants totaling $208,248. 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 | $25,548 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $57,565 |
Capital Gain Net Income | $57,565 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $83,113 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $13,070 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,250 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $75 |
Total operating and administrative expenses | $20,655 |
Contributions, gifts, grants paid | $55,000 |
Total expenses and disbursements | $75,655 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $33,307 |
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 | $890,586 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $923,893 |
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, Mary Louise Billings Trust 3035009497 has awarded $55,000 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
Dover, NH PURPOSE: UNRESTRICTED GIFT | $6,000 |
Concord, NH PURPOSE: UNRESTRICTED GIFT | $5,000 |
Keene, NH PURPOSE: UNRESTRICTED GIFT | $5,000 |
Manchester, NH PURPOSE: UNRESTRICTED GIFT | $5,000 |
Exeter, NH PURPOSE: UNRESTRICTED GIFT | $5,000 |
Keene, NH PURPOSE: UNRESTRICTED GIFT | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Hunt Street Fund Inc Needham, MA | $102,244,956 | $9,516,120 |
James L Vincent Foundation Boston, MA | $11,098,257 | $1,513,039 |
The Grossman Family Foundation Cos Cob, CT | $140,113,231 | $7,972,359 |
Rose Foundation Boston, MA | $41,865 | $2,354,068 |
Irene E And George A Davis Foundation Springfield, MA | $74,799,666 | $13,067,801 |
Mccall Foundation Inc Torrington, CT | $4,589,378 | $6,967,747 |
Chorus Inc Boston, MA | $2,341,319 | $7,400,301 |
New North Citizens Council Springfield, MA | $3,852,208 | $8,039,203 |
Leslie B Barrett Foundation Stamford, CT | $0 | $391,427 |
Shaich Family Foundation Brookline, MA | $82,077,495 | $6,635,871 |
Cardinal Brook Trust Boston, MA | $0 | $3,583,411 |
Azcat Foundation Greenwich, CT | $63,379,859 | $15,943,989 |