Westport Weston Foundation Trust 2815030753
- Assets
- $663.1k
- Revenue
- $42.9k
- Investments
- $656.4k
- Employees
- 0
- Location
- Fairfield, CT
- Founding
- 12/1970
- Data as of
- 12/2022
- EIN
- 06-6035931
Organization Overview
Westport Weston Foundation Trust 2815030753 is located in Fairfield, CT. The organization was established in 1970. 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.
For the year ending 12/2022, Westport Weston Foundation Trust 2815030753 generated $42.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $62.5k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 6 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.
Since 2017, Westport Weston Foundation Trust 2815030753 has awarded 99 individual grants totaling $260,300. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO 4 LOCAL ORGANIZATIONS DIRECT EXPENSES $14,400+ALLOCATION OF INDIRECT EXPENSES $ 1,799
COLLEGE SCHOLARSHIPS TO 10 INDIVIDUALS DIRECT EXPENSES $30,000 + ALLOCATION OF INDIRECT EXPENSES $ 3,747
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $318 |
| Dividends & Interest | $17,229 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,337 |
| Capital Gain Net Income | $25,337 |
| Net ST Capital Gain | $0 |
| Income Modifications | $150 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,884 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,837 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,507 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,567 |
| Total operating and administrative expenses | $18,145 |
| Contributions, gifts, grants paid | $44,400 |
| Total expenses and disbursements | $62,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $636 |
| Savings and temporary cash investments | $6,142 |
| 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 | $453,215 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $663,144 |
| 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, Westport Weston Foundation Trust 2815030753 has awarded $44,400 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF WESTPORT PURPOSE: 2022 CAMPERSHIP PROGRAM | $5,400 |
STAPLES HIGH SCHOOL PURPOSE: 2022 STAPLES TUITION GRANTS | $3,000 |
TOWN OF WESTPORT PURPOSE: WESTPORT WARM-UP FUND | $3,000 |
TOWN OF WESTON PURPOSE: HOLIDAY WISHES - WESTON HUMAN SERVICES | $1,000 |
TOWN OF WESTPORT PURPOSE: HOLIDAY WISHES - WESTPORT HUMAN SERVICES | $2,000 |
JAMES MADISON UNIVERSITY PURPOSE: SCHOLARSHIP | $3,000 |