Lillian M Baker Charitable Trust
- Assets
- $711.7k
- Revenue
- $116.0
- Investments
- $702.4k
- Employees
- 0
- Location
- Portland, ME
- Founding
- 08/1972
- Data as of
- 12/2023
- EIN
- 04-6010588
Organization Overview
Lillian M Baker Charitable Trust is located in Portland, ME. The organization was established in 1972. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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.
For the year ending 12/2023, Lillian M Baker Charitable Trust generated $116.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (45.8%) each year. All expenses for the organization totaled $54.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lillian M Baker Charitable Trust has awarded 118 individual grants totaling $309,100. 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 | $8,598 |
| Dividends & Interest | $6,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,472 |
| Capital Gain Net Income | $6,428 |
| Net ST Capital Gain | $2,456 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $116 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,373 |
| Total operating and administrative expenses | $19,603 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $54,603 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,305 |
| 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 | $711,732 |
| 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, Lillian M Baker Charitable Trust has awarded $35,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HUSSON UNIVERSITY PURPOSE: SCHOLARSHIP | $15,000 |
UNIVERSITY OF MAINE ORONO PURPOSE: SCHOLARSHIP | $5,000 |
FAYETTVILLE TECHNICAK COMM COLLEGE PURPOSE: SCHOLARSHIP | $3,000 |
UNIVERSITY OF NEW ENGLAND PURPOSE: SCHOLARSHIP | $5,000 |
ROCKLAND DISTRICT NURSING ASSOC PURPOSE: CHARITABLE | $5,000 |
ARIZONA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |