Copley Square Charitable Tr

Organization Overview

Copley Square Charitable Tr is located in Newport, RI. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Copley Square Charitable 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 12/2021, Copley Square Charitable Tr generated $378.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $142.7k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GENERATION OF INVESTMENT INCOME IN SUPPORT OF THE FRIENDS OF COPLEY SQUARE, INC. A 501(C)(3) ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOLD, MANAGE, AND EXPEND FUNDS FOR THE MAINTENANCE OF COPLEY SQUARE, BOSTON, MA


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Board, Officers & Key Employees

Name (title)Compensation
Brickley Nancy
Trustee
$0
Cook Christopher
Trustee
$0
Crosby Frank
Trustee
$0
Donahue Dan
Trustee
$0
Manizer-Cohen Megan
Trustee
$0
Fonseca Leo
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $48,400
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $330,400
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $378,800

Grants Awarded

Over the last fiscal year, Copley Square Charitable Tr has awarded $160,000 in support to 2 organizations.

Grant RecipientAmount

CITY OF BOSTON

PURPOSE: Memorial Design

$100,000

FRIENDS OF COPLEY SQ

Org PageRecipient Profile

Boston, MA

PURPOSE: Operations

$60,000
View Grant Profile

Endowment Analysis

Beg. Balance$2,653,500
Earnings$279,900
Admin Expense$1,000
Grants$125,000
Ending Balance$2,807,400

Peer Organizations

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