Susan L Lloyd Charitable Trust
- Assets
- $2.6m
- Revenue
- $2.1m
- Investments
- $1.5m
- Employees
- 0
- Location
- East Greenwich, RI
- Founding
- 04/1992
- Data as of
- 09/2023
- EIN
- 13-3630830
Organization Overview
Susan L Lloyd Charitable Trust is located in East Greenwich, RI. The organization was established in 1992. 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. Susan L Lloyd 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 09/2023, Susan L Lloyd Charitable Trust generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 72.2% each year . All expenses for the organization totaled $82.7k during the year ending 09/2023. While expenses have increased by 0.0% per year over the past 8 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 2015, Susan L Lloyd Charitable Trust has awarded 60 individual grants totaling $492,600. 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 |
|---|---|---|---|
Douglas W Hollenbeck Trustee | 0.5 | $20,000 | |
David W Hollenbeck Trustee | 0.5 | $20,000 | |
Drew Hollenbeck Trustee | 0.5 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,072,631 |
| Interest on Savings | $35,051 |
| Dividends & Interest | $28,795 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $971 |
| Capital Gain Net Income | $971 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,137,448 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $181 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,997 |
| Total operating and administrative expenses | $82,731 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $82,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,113,417 |
| Savings and temporary cash investments | $0 |
| 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 | $819 |
| Total assets | $2,640,889 |
| 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, Susan L Lloyd Charitable Trust has awarded $244,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BELLA MENTE QUANTUM RACING ASSN PURPOSE: HEALTH & SOC. SVC. | $10,000 |
EAST BEACH ASSOCIATION PURPOSE: HEALTH & SOC. SVC. | $1,000 |
CHRISTIANS REACHING OUT TO SOCIETY PURPOSE: HEALTH & SOC. SVC. | $50,000 |
EPWORTH CHILDREN & FAMILY SERVICES PURPOSE: HEALTH & SOC. SVC. | $10,000 |
OCEAN COMMUNITY YMCA PURPOSE: HEALTH & SOC. SVC. | $50,000 |
GOOD KARMA PET RESCUE (FOR PAW BVI) PURPOSE: HEALTH & SOC. SVC. | $20,000 |