Ida B Littlefield Memorial Trust
- Assets
- $4.8m
- Revenue
- $237.7k
- Investments
- $4.7m
- Employees
- 0
- Location
- Providence, RI
- Founding
- 02/1990
- Data as of
- 12/2023
- EIN
- 22-2994936
Organization Overview
Ida B Littlefield Memorial Trust is located in Providence, RI. The organization was established in 1990. 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. Ida B Littlefield Memorial 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, Ida B Littlefield Memorial Trust generated $237.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $508.3k during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 8 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 2016, Ida B Littlefield Memorial Trust has awarded 344 individual grants totaling $2,534,991. 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 |
|---|---|---|---|
Leon C Boghossian III Trustee | 4 | $0 | |
Citizens Bank Of Ri Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,407 |
| Dividends & Interest | $183,304 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,022 |
| Capital Gain Net Income | $50,022 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $237,733 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,312 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $146,799 |
| Contributions, gifts, grants paid | $361,550 |
| Total expenses and disbursements | $508,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $86,121 |
| 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 | $4,774,875 |
| 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, Ida B Littlefield Memorial Trust has awarded $361,550 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
AGING WELL INC PURPOSE: PROGRAM SUPPORT | $5,000 |
ART CONNECTION PURPOSE: PROGRAM SUPPORT | $2,500 |
AMOS HOUSE PURPOSE: PROGRAM SUPPORT | $10,000 |
AMENITY AID PURPOSE: PROGRAM SUPPORT | $3,000 |
BOYS GIRLS CLUB OF PROVIDENCE PURPOSE: PROGRAM SUPPORT | $10,000 |
BOYS GIRLS CLUB OF NORTHERN RI PURPOSE: PROGRAM SUPPORT | $2,500 |