Luke F Kelly Charitable Trust Fbo
- Assets
- $348.7k
- Revenue
- $10.8k
- Investments
- $343.6k
- Employees
- 0
- Location
- Hanover, MA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 04-2764707
Organization Overview
Luke F Kelly Charitable Trust Fbo is located in Hanover, MA. The organization was established in 0000. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Luke F Kelly Charitable Trust Fbo 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, Luke F Kelly Charitable Trust Fbo generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $19.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Luke F Kelly Charitable Trust Fbo has awarded 21 individual grants totaling $115,344. 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 | $10,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $757 |
| Capital Gain Net Income | $757 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,725 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $467 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $575 |
| Total operating and administrative expenses | $4,767 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $19,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,130 |
| 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 | $0 |
| Total assets | $348,739 |
| 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, Luke F Kelly Charitable Trust Fbo has awarded $15,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON UNIVERSITY SCHOOL OF LAW PURPOSE: GENERAL PURPOSES | $3,750 |
ROMAN CATHOLIC ARCHDIOCESE OF BOSTON PURPOSE: GENERAL PURPOSES | $7,500 |
CATHOLIC HEALTH FDN OF GREATER PURPOSE: GENERAL PURPOSES | $3,750 |