The Elmwood Charitable Trust Of October 1985

Organization Overview

The Elmwood Charitable Trust Of October 1985 is located in Swampscott, MA. The organization was established in 1986. 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. Elmwood Charitable Trust Of October 1985 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 09/2023, Elmwood Charitable Trust Of October 1985 generated $56.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $60.6k during the year ending 09/2023. While expenses have increased by 7.3% per year over the past 4 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 2021, Elmwood Charitable Trust Of October 1985 has awarded 51 individual grants totaling $140,500. 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)Compensation
John C Kane Jr
Trustee
$0
Susan K Kane
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $56,112
Interest on Savings $1,364
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets -$906
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $56,570

Grants Awarded

Over the last fiscal year, The Elmwood Charitable Trust Of October 1985 has awarded $58,000 in support to 15 organizations.

Grant RecipientAmount

BEACON ACADEMY

PURPOSE: GENERAL USE

$2,500

FRANCIS OUIMET SCHOLARSHIP FUND

PURPOSE: SCHOLARSHIPS

$1,000

GEORGETOWN UNIVERSITY LAW CENTER

PURPOSE: GENERAL USE

$1,000

LYNCH VAN OTTERLOO YMCA

PURPOSE: YOUTH PROGRAM

$3,500

LYNN ECONOMIC OPPORTUNITY

PURPOSE: PRESCHOOL FACILITY

$10,000

PREPPINGREE

PURPOSE: SUMMER PROGRAMS

$2,500
View Grant Profile

Peer Organizations

Organization NameAssets
Jp Fletcher Foundation Inc
North Haven, CT
$4,849,821
Greater Impact Foundation
Melville, NY
$8,642,675
Low Road Foundation
Sharon, CT
$9,956,838
The Gaudio Family Foundation
New York, NY
$19,096,524
Hunt Street Fund Inc
Needham, MA
$1,132,784
Sunshine Charitable Foundation
Boston, MA
$31,982,611
The Grossman Family Foundation
Cos Cob, CT
$19,398,345
New North Citizens Council
Springfield, MA
$10,021,168
Thomas W Haas Foundation
Greenland, NH
$23,898,654
Irene E And George A Davis Foundation
Springfield, MA
$10,687,163
Margaret A Nagel Tr Uw Art 2
Jericho, NY
$58,879
Lavelle Fund For The Blind Inc
New York, NY
$929,745
Swartz Foundation Trust
New York, NY
$3,926,191
The Carter Burden Network
New York, NY
$7,580,726
Riff Foundation
Boston, MA
$12,415,018
The Mellen Charitable Foundation Inc
Boston, MA
$5,437,727
Mccall Foundation Inc
Torrington, CT
$7,203,392
Laffont Family Foundation
New York, NY
$47,730,500
Wilma S And Laurence A Tisch Foundation
New York, NY
$6,373,102
Della Pietra Foundation
Jericho, NY
$7,361,516
Leslie B Barrett Foundation
Stamford, CT
$391,427
Raymond Debbane Family Foundation
New York, NY
$47,457,198
Warburg Pincus Foundation
New York, NY
$5,839,210
Henry P Kendall Foundation Trust
Boston, MA
$16,619,397
Glenn Greenbeg And Linda Vester Foundation Inc
New York, NY
$16,832,155

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