Mccutchin-Collins Charitable Trust Mass 031292
- Assets
- $6.2m
- Revenue
- $545.0k
- Investments
- $6.1m
- Employees
- 0
- Location
- Dover, MA
- Founding
- 06/1991
- Data as of
- 12/2022
- EIN
- 22-3100739
Organization Overview
Mccutchin-Collins Charitable Trust Mass 031292 is located in Dover, MA. The organization was established in 1991. 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. Mccutchin-Collins Charitable Trust Mass 031292 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, Mccutchin-Collins Charitable Trust Mass 031292 generated $545.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $624.1k during the year ending 12/2022. While expenses have increased by 14.4% 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 2020, Mccutchin-Collins Charitable Trust Mass 031292 has awarded 247 individual grants totaling $1,517,610. 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
NONE
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 Collins Trustee | 1 | $0 | |
Holiday Collins Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $158,142 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $386,856 |
| Capital Gain Net Income | $386,856 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $544,998 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,564 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $294 |
| Total operating and administrative expenses | $17,858 |
| Contributions, gifts, grants paid | $606,225 |
| Total expenses and disbursements | $624,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,761 |
| Savings and temporary cash investments | $0 |
| 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 | $4,850,259 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,186,048 |
| 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, Mccutchin-Collins Charitable Trust Mass 031292 has awarded $606,225 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
BOWDOIN COLLEGE PURPOSE: EDUCATION | $18,000 |
GRINNELL COLLEGE PURPOSE: EDUCATION | $9,000 |
MASS GENERAL HOSPITAL PURPOSE: MEDICAL | $20,000 |
ST DUNSTANS CHURCH PURPOSE: ASSISTANCE | $30,000 |
STEEP THEATRE COMPANY PURPOSE: EDUCATION | $150,000 |
U S OLYMPIC COMMITTEE PURPOSE: EDUCATION | $500 |