Druzianich Family Charitable Trust
- Assets
- $2.9m
- Revenue
- $92.1k
- Investments
- $2.8m
- Employees
- 0
- Location
- Aberdeen, WA
- Founding
- 01/2006
- Data as of
- 12/2023
- EIN
- 20-2956055
Organization Overview
Druzianich Family Charitable Trust is located in Aberdeen, WA. The organization was established in 2006. 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. Druzianich Family 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 12/2023, Druzianich Family Charitable Trust generated $92.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $222.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Druzianich Family Charitable Trust has awarded 371 individual grants totaling $1,543,050. 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 |
|---|---|---|---|
Seran Pearson Director | 2 | $0 | |
Gregory Pearson Director | 2 | $0 | |
Darryl Druzianich Director | 2 | $0 | |
Daniel Druzianich Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,705 |
| Dividends & Interest | $49,928 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,481 |
| Capital Gain Net Income | $27,481 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $92,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,083 |
| Total operating and administrative expenses | $34,638 |
| Contributions, gifts, grants paid | $187,438 |
| Total expenses and disbursements | $222,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,003 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,556 |
| 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 | $145,696 |
| Investments—other | $184,663 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,876,584 |
| 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, Druzianich Family Charitable Trust has awarded $187,438 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
ABERDEEN ELKS CHARITIES PURPOSE: UNRESTRICTED SUPPORT. | $1,000 |
ABERDEEN YOUTH FOOTBALL PURPOSE: UNRESTRICTED SUPPORT. | $2,000 |
ABERDEEN HIGH SCHOOL PURPOSE: UNRESTRICTED SUPPORT. | $4,000 |
ABERDEEN BOBCAT BOOSTERS PURPOSE: UUNRESTRICTED SUPPORT. | $2,600 |
ABERDEEN LITTLE LEAGUE PURPOSE: UNRESTRICTED SUPPORT. | $500 |
BURNED CHILDREN'S RECOVERY FOUNDATION PURPOSE: UNRESTRICTED SUPPORT. | $6,000 |