Michael E Gellert Trust
- Assets
- $6.9m
- Revenue
- $143.8k
- Investments
- $3.4k
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1964
- Data as of
- 06/2023
- EIN
- 13-6093842
Organization Overview
Michael E Gellert Trust is located in New York, NY. The organization was established in 1964. 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. Michael E Gellert Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Michael E Gellert Trust has awarded 99 individual grants totaling $8,144,655. 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 |
|---|---|---|---|
David B Spohngellert Trustee | 0 | $0 | |
John M Gellert Trustee | 0 | $0 | |
Catherine A Gellert Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $141,310 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,485 |
| Total Revenue | $143,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47,832 |
| Depreciation | $0 |
| Occupancy | $37,920 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,929 |
| Total operating and administrative expenses | $110,681 |
| Contributions, gifts, grants paid | $619,500 |
| Total expenses and disbursements | $730,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4 |
| Savings and temporary cash investments | $6,348,429 |
| Net Accounts receivable | $541,481 |
| 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 | $3,390 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,893,304 |
| 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, Michael E Gellert Trust has awarded $619,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE NEW SCHOOL PURPOSE: GENERAL | $1,000 |
AMERICAN REPERTORY THEATER PURPOSE: GENERAL | $50,000 |
BALLET WEST PURPOSE: GENERAL | $12,500 |
CARAMOOR CENTER FOR MUSIC AND THE ARTS INC PURPOSE: GENERAL | $1,000 |
HUMAN RIGHTS WATCH PURPOSE: GENERAL | $50,000 |
MARLBORO MUSIC PURPOSE: GENERAL | $5,000 |