Edward V & Jessie L Peters Charit Trust
- Assets
- $5.4m
- Revenue
- $571.7k
- Investments
- $5.3m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 04/1991
- Data as of
- 12/2022
- EIN
- 25-6358729
Organization Overview
Edward V & Jessie L Peters Charit Trust is located in Columbus, OH. 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. Edward V & Jessie L Peters Charit 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, Edward V & Jessie L Peters Charit Trust generated $571.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $629.8k during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 7 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 2015, Edward V & Jessie L Peters Charit Trust has awarded 151 individual grants totaling $3,436,777. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $278,396 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $293,294 |
| Capital Gain Net Income | $293,294 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $571,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $47,070 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,192 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $58,887 |
| Contributions, gifts, grants paid | $570,899 |
| Total expenses and disbursements | $629,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,620 |
| 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 | $5,375,116 |
| 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, Edward V & Jessie L Peters Charit Trust has awarded $570,899 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BARROW CIVIC THEATRE PURPOSE: GENERAL OPERATING | $10,000 |
CITY OF FRANKLIN PURPOSE: GENERAL OPERATING | $32,500 |
UNITED WAY WORLDWIDE PURPOSE: GENERAL OPERATING | $145,000 |
THE SHRINERS HOSPITAL FOR CHILDREN PURPOSE: GENERAL OPERATING | $20,000 |
VENANGO COUNTY HUMANE SOCIETY PURPOSE: GENERAL OPERATING | $60,000 |
OIL REGION ALLIANCE OF BUSINESS INDUSTRY PURPOSE: GENERAL OPERATING | $10,000 |