Eugene V And Clare Thaw Charitable Trust
- Assets
- $80.8m
- Revenue
- $1.1m
- Investments
- $38.1m
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 05/1982
- Data as of
- 12/2022
- EIN
- 13-3081491
Organization Overview
Eugene V And Clare Thaw Charitable Trust is located in Santa Fe, NM. The organization was established in 1982. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Eugene V And Clare Thaw Charitable Trust 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 12/2022, Eugene V And Clare Thaw Charitable Trust generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.6%) each year. All expenses for the organization totaled $10.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Eugene V And Clare Thaw Charitable Trust has awarded 141 individual grants totaling $47,560,627. 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 |
|---|---|---|---|
Kathleen Flanagan President & CEO | 50 | $275,000 | |
Brian O'donoghue Trustee | 10 | $10,000 | |
Michaela O'donoghue Trustee | 10 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $167 |
| Dividends & Interest | $729,457 |
| Net Rental Income | -$35,400 |
| Net Gain on Sale of Assets | $290,961 |
| Capital Gain Net Income | $290,961 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,056,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $295,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $27,501 |
| Interest | $0 |
| Taxes | $22,745 |
| Depreciation | $53,958 |
| Occupancy | $47,196 |
| Travel, conferences, and meetings | $1,612 |
| Printing and publications | $0 |
| Other expenses | $45,360 |
| Total operating and administrative expenses | $658,042 |
| Contributions, gifts, grants paid | $10,074,629 |
| Total expenses and disbursements | $10,732,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,292 |
| Savings and temporary cash investments | $2,992,479 |
| 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 | $11,400 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,256,090 |
| Other assets | $38,392,935 |
| Total assets | $80,823,388 |
| Accounts payable and accrued expenses | $27,721 |
| Grants payable | $2,000,000 |
| 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 | $2,027,721 |
Grants Awarded
Over the last fiscal year, Eugene V And Clare Thaw Charitable Trust has awarded $10,074,629 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO HORSE SHELTER PURPOSE: GENERAL SUPPORT | $10,000 |
COMMONWEAL CONSERVANCY PURPOSE: RELEASE OF MORTGAGE HELD FOR 4,730 ACRES IN THE GALISTEO BASIN PRESERVE | $5,000,000 |
FENIMORE ART MUSEUM PURPOSE: FOR "UNMASKING VENICE" EXHIBITION | $15,000 |
FRIENDS OF GANONDAGAN PURPOSE: AWARDS FOR THE 2022 JURIED ART SHOW | $18,000 |
HRDC PURPOSE: TOWARDS A PERMANENT HOMELESS SHELTER IN BOZEMAN, MT; AND EMERGENCY WINTER FUNDS | $550,000 |
GALISTEO BASIN OPEN SPACE PRESERVE PURPOSE: GENERAL SUPPORT | $50,179 |