Albert V & Lena Stowe Reopell Charitable Tr 63290 00 1
- Assets
- $6.4m
- Revenue
- $386.9k
- Investments
- $5.7m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 12/1968
- Data as of
- 12/2023
- EIN
- 04-6164232
Organization Overview
Albert V & Lena Stowe Reopell Charitable Tr 63290 00 1 is located in Dallas, TX. The organization was established in 1968. 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. Albert V & Lena Stowe Reopell Charitable Tr 63290 00 1 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, Albert V & Lena Stowe Reopell Charitable Tr 63290 00 1 generated $386.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $497.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Albert V & Lena Stowe Reopell Charitable Tr 63290 00 1 has awarded 52 individual grants totaling $2,518,317. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Co-Trustee | 1 | $59,851 | |
Mary E Boland Co-Trustee | 20 | $60,327 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $234,110 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $148,171 |
| Capital Gain Net Income | $148,171 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,601 |
| Total Revenue | $386,882 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,178 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,733 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $145,343 |
| Contributions, gifts, grants paid | $352,314 |
| Total expenses and disbursements | $497,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $696,294 |
| 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 | $6,400,383 |
| 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, Albert V & Lena Stowe Reopell Charitable Tr 63290 00 1 has awarded $352,314 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH CONGREGATIONAL CHURCH PURPOSE: UNRESTRICTED GENERAL | $18,543 |
AMERICAN HEART ASSOCIATION PURPOSE: UNRESTRICTED GENERAL | $18,543 |
CHRIST CHURCH CATHEDRAL PURPOSE: UNRESTRICTED GENERAL | $18,543 |
COUNCIL CHURCHES OF GREATER SPRINGFIELD PURPOSE: UNRESTRICTED GENERAL | $18,543 |
UNITED WAY OF PIONEER VALLEY PURPOSE: UNRESTRICTED GENERAL | $18,543 |
ROMAN CATHOLIC DIOCESE OF SPRINGFIELD PURPOSE: UNRESTRICTED GENERAL | $222,513 |