Claude A & Blanche Mccubbin Abbott Charitable Trust
- Assets
- $338.6k
- Revenue
- $16.1k
- Investments
- $301.9k
- Employees
- 0
- Location
- Catonsville, MD
- Founding
- 07/1972
- Data as of
- 12/2022
- EIN
- 23-7213934
Organization Overview
Claude A & Blanche Mccubbin Abbott Charitable Trust is located in Catonsville, MD. The organization was established in 1972. 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. Claude A & Blanche Mccubbin Abbott 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 12/2022, Claude A & Blanche Mccubbin Abbott Charitable Trust generated $16.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $14.7k during the year ending 12/2022. While expenses have increased by 0.4% 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28 |
| Dividends & Interest | $16,098 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,260 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $236 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $453 |
| Total operating and administrative expenses | $2,324 |
| Contributions, gifts, grants paid | $12,330 |
| Total expenses and disbursements | $14,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,719 |
| 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 | $300,080 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $338,640 |
| 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, Claude A & Blanche Mccubbin Abbott Charitable Trust has awarded $12,330 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
THE LIVING CLASSROOMS FDTN PURPOSE: FRESH START & PROJECT SERVE | $1,250 |
DOCTORS WITHOUT BORDERS US PURPOSE: EMERGENCY MEDICAL CARE | $500 |
THE HEALTH WAGON PURPOSE: SUPPORT FOR HEALTH WAGON WV | $1,800 |
MARYLAND NEW DIRECTIONS PURPOSE: COMPREHENSIVE CAREER COUNSELING | $1,000 |
THE HOWARD COUNTY CONSERVANCY PURPOSE: ENVIRONMENTAL CONSERVANCY | $580 |
GOODWILL INDUSTRIES OF CHESAPEAKE PURPOSE: EMPLOYMENT TRAINING & EDUCATION | $1,500 |