One World Fund Tr
- Assets
- $12.1m
- Revenue
- $842.9k
- Investments
- $10.2m
- Employees
- 0
- Location
- Andover, MA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 04-6485766
Organization Overview
One World Fund Tr is located in Andover, MA. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. One World Fund Tr 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, One World Fund Tr generated $842.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, One World Fund Tr has awarded 112 individual grants totaling $2,484,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Devegh Trustee | 25 | $140,000 | |
Richard Healey Trustee | 25 | $160,000 | |
Karen Miller Officer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Usb Financial Services Inc | 12/30/21 | $244,733 |
Richard Healey | 12/30/21 | $160,000 |
Diana Devegh | 12/30/21 | $140,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29,944 |
| Dividends & Interest | $471,464 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $341,538 |
| Capital Gain Net Income | $341,538 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $842,946 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $300,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,702 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,782 |
| Total operating and administrative expenses | $640,667 |
| Contributions, gifts, grants paid | $695,000 |
| Total expenses and disbursements | $1,335,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,916,587 |
| 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 | $12,106,801 |
| 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, One World Fund Tr has awarded $695,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
A MUSICAL HEART PURPOSE: GENERAL SUPPORT | $5,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: PROMOTION FOR "WHERE HAVE ALL THE DEMOCRATS GONE?" | $30,000 |
AUBURN THEOLOGICAL SEMINARY PURPOSE: AUBURN'S CORE COMMUNICATIONS CAPACITY | $20,000 |
CELEBRATE THE BEAT PURPOSE: GENERAL SUPPORT | $30,000 |
ARS NOVA PURPOSE: GENERAL SUPPORT | $5,000 |
DORRANCE DANCE PURPOSE: GENERAL SUPPORT | $10,000 |