Winifred M Stenson Charitable Trust
- Assets
- $2.7m
- Revenue
- $1.3m
- Investments
- $2.5m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 20-3716920
Organization Overview
Winifred M Stenson Charitable Trust is located in Boston, MA. The organization was established in 2006. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winifred M Stenson 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, Winifred M Stenson Charitable Trust generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 70.1% each year . All expenses for the organization totaled $154.9k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 5 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 2020, Winifred M Stenson Charitable Trust has awarded 38 individual grants totaling $467,500. 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 |
|---|---|---|---|
Kathleen H Tarantino Trustee | 1 | $7,067 | |
Suzanne Brooks Trustee | 1 | $7,067 | |
Lawrence B Cohen Trustee | 1 | $9,225 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,146 |
| Dividends & Interest | $81,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,158,960 |
| Capital Gain Net Income | $1,158,960 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,254,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,359 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $34,928 |
| Contributions, gifts, grants paid | $120,000 |
| Total expenses and disbursements | $154,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $165,856 |
| 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 | $1,703,634 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,660,235 |
| 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, Winifred M Stenson Charitable Trust has awarded $120,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHDIOCESE OF BOSTON PURPOSE: CLERGY BENEFIT TRUST | $10,000 |
ARCHDIOCESE OF BOSTON PURPOSE: GENERAL SUPPORT | $15,000 |
ARCHDIOCESE OF BOSTON PURPOSE: CARDINAL'S LEADERSHIP CIRCLE | $22,500 |
DIOCESE OF FALL RIVER PURPOSE: CATHOLIC APPEAL | $15,000 |
EDMUNDITE CAMPUS MINISTRY PURPOSE: GENERAL SUPPORT | $10,000 |
FAIRFIELD UNIVERSITY PURPOSE: MCIS-MURPHY CENTER FOR IGNATIAN | $10,000 |