Andrew L Clark Family Charitable Tr
- Assets
- $4.8m
- Revenue
- $149.4k
- Investments
- $4.7m
- Employees
- 0
- Location
- Bedford, NH
- Founding
- 03/1991
- Data as of
- 12/2022
- EIN
- 13-6948420
Organization Overview
Andrew L Clark Family Charitable Tr is located in Bedford, NH. The organization was established in 1991. 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. Andrew L Clark Family 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 12/2022, Andrew L Clark Family Charitable Tr generated $149.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $281.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Andrew L Clark Family Charitable Tr has awarded 18 individual grants totaling $1,424,010. 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 |
|---|---|---|---|
Concord Trust Company Trustee | 5 | $5,036 | |
Bny Mellon Na Trustee | 5 | $3,464 | |
Concord Trust Company Trustee | 5 | $5,036 | |
Bny Mellon Na Trustee | 5 | $3,464 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $441 |
| Dividends & Interest | $53,900 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,466 |
| Capital Gain Net Income | $93,466 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,550 |
| Total Revenue | $149,357 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,479 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $134 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $49,092 |
| Contributions, gifts, grants paid | $232,000 |
| Total expenses and disbursements | $281,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,159 |
| 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 | $4,733,974 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,774,133 |
| 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, Andrew L Clark Family Charitable Tr has awarded $232,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SETON HALL PREPARATORY SCH PURPOSE: GENERAL OPERATING PURPOSES | $77,333 |
COVENANT HOUSE PURPOSE: GENERAL OPERATING PURPOSES | $77,333 |
SETON HALL UNIVERSITY PURPOSE: GENERAL OPERATING PURPOSES | $77,334 |