United Society Of Friends Women Trust
- Assets
- $1.5m
- Revenue
- $132.5k
- Investments
- $1.4m
- Employees
- 0
- Location
- Farming Hills, MI
- Founding
- 05/1973
- Data as of
- 12/2021
- EIN
- 23-7089265
Organization Overview
United Society Of Friends Women Trust is located in Farming Hills, MI. The organization was established in 1973. 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. United Society Of Friends Women 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 12/2021, United Society Of Friends Women Trust generated $132.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $91.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, United Society Of Friends Women Trust has awarded 34 individual grants totaling $135,050. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO QUAKER SEMINARY STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Mills Clerk | 2 | $2,214 | |
Marian Baker Board Member | 1 | $0 | |
Cynthia Steele Board Member | 1 | $0 | |
Marcia Ventura Treasurer | 1 | $0 | |
Karen Bauer Board Member | 1 | $0 | |
Jan Mcvay Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,143 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $75,370 |
| Capital Gain Net Income | $75,370 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $132,513 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,214 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,040 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $297 |
| Total operating and administrative expenses | $15,970 |
| Contributions, gifts, grants paid | $75,050 |
| Total expenses and disbursements | $91,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $976 |
| Savings and temporary cash investments | $117,849 |
| 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 | $1,512,657 |
| Accounts payable and accrued expenses | $1,104 |
| 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 | $1,104 |
Grants Awarded
Over the last fiscal year, United Society Of Friends Women Trust has awarded $75,050 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ROCHESTER INSTITUTE OF TECHNOLOGY PURPOSE: EDUCATIONAL SCHOLARSHIPS | $400 |
INDIANA WESLYAN PURPOSE: EDUCATIONAL SCHOLARSHIPS | $400 |
MALONE UNIVERSITY SCHOLARSHIP PURPOSE: EDUCATIONAL SCHOLARSHIPS | $400 |
FRIENDS UNITED MEETING PURPOSE: EDUCATIONAL SCHOLARSHIPS | $11,000 |
FRIENDS UNITED MEETING PURPOSE: EDUCATIONAL SCHOLARSHIPS | $10,600 |
FRIENDS UNITED MEETING PURPOSE: EDUCATIONAL SCHOLARSHIPS | $700 |