Margaret B Monahan And Alberta W Laighton Memorial Fund
- Assets
- $447.2k
- Revenue
- $6.5k
- Investments
- $416.6k
- Employees
- 0
- Location
- Pawling, NY
- Founding
- 09/1985
- Data as of
- 12/2022
- EIN
- 14-6022154
Organization Overview
Margaret B Monahan And Alberta W Laighton Memorial Fund is located in Pawling, NY. The organization was established in 1985. 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. Margaret B Monahan And Alberta W Laighton Memorial Fund 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, Margaret B Monahan And Alberta W Laighton Memorial Fund generated $6.5k 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 (16.2%) each year. All expenses for the organization totaled $52.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Margaret B Monahan And Alberta W Laighton Memorial Fund has awarded 55 individual grants totaling $225,725. 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
FINANCIAL AID TO 6 INDIVIDUALS
FINANCIAL AID TO COMMUNITY RESOURCE GROUP
FINANCIAL AID TO NON PROFIT COMMUNITY YOGA AND WELLNESS CENTER
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Daniels Trustee | 5 | $0 | |
Ross Daniels Trustee | 3 | $0 | |
Maggie Reilly Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,159 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,709 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,450 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,788 |
| Total operating and administrative expenses | $5,188 |
| Contributions, gifts, grants paid | $47,400 |
| Total expenses and disbursements | $52,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,507 |
| Savings and temporary cash investments | $19,132 |
| 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 | $0 |
| Total assets | $447,239 |
| 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, Margaret B Monahan And Alberta W Laighton Memorial Fund has awarded $47,400 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CATHY RILEY PURPOSE: FINANCIAL AID | $3,900 |
LOUISE LESKE PURPOSE: FINANCIAL AID | $3,000 |
LAURA TUZ PURPOSE: FINANCIAL AID | $3,900 |
MARY OCCHINO PURPOSE: FINANCIAL AID | $3,000 |
PAWLING RESOURCE CENTER PURPOSE: THE PAWLING RESOURCE CENTER'S MISSION IS TO ENHANCE THE LIVES OF AREA RESIDENTS BY GIVING ASSISTANCE TO INDIVIDUALS IN NEED AND TO LOCAL NONPROFIT ORGANIZATIONS BY PROVIDING INFORMATION, REFERRALS, AND TANGIBLE SERVICES | $20,000 |
PAWLING YOGA & WELLNESS PURPOSE: PAWLING YOGA & WELLNESS' MISSION IS TO PROMOTE HEALTH AND HOLISTIC WELLNESS IN PAWLING AND SURROUNDING COMMUNITIES BY CREATING A SAFE, SUPPORTIVE ENVIRONMENT TO PROVIDE INCLUSIVE PROGRAMMING FOR WELLNESS-BASED EDUCATION, YOGA AND OTHER THERAPEUTIC MODALITIES, AND COMMUNITY BUILDING PRACTICES | $10,000 |