Titus-Colesville Fund
- Assets
- $1.8m
- Revenue
- $66.9k
- Investments
- $1.8m
- Employees
- 0
- Location
- Norwich, NY
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 26-3612763
Organization Overview
Titus-Colesville Fund is located in Norwich, NY. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Titus-Colesville Fund 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, Titus-Colesville Fund generated $66.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $106.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Titus-Colesville Fund has awarded 135 individual grants totaling $903,559. 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 |
|---|---|---|---|
Judith E Osburn Trustee | 1 | $2,952 | |
Nbt Bank Na Trustee | 1 | $15,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $60,432 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,037 |
| Capital Gain Net Income | $5,037 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,397 |
| Total Revenue | $66,866 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,827 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500 |
| Total operating and administrative expenses | $20,657 |
| Contributions, gifts, grants paid | $85,387 |
| Total expenses and disbursements | $106,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,828 |
| 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 | $355,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,796,210 |
| 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, Titus-Colesville Fund has awarded $85,387 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
PERCH POND CEMETERY ASSOCIATION PURPOSE: SCHOOLHOUSE RENOVATION | $736 |
HARPURSVILLE YOUTH SPORTS ASSOCIATION PURPOSE: BASEBALL DIAMOND MIX AND | $5,400 |
HARPURSVILLE FIRE DEPARTMENT PURPOSE: TURN-OUT GEAR EXTRACTOR & | $16,190 |
TOWN OF COLESVILLE HISTORY COMMITTEE PURPOSE: PURCHASE OF HISTORICAL | $1,450 |
HARPURSVILLE BAPTIST CHURCH PURPOSE: PURCHASE FOOD FOR CHARITY | $3,600 |
HARPURSVILLE UNITED METHODIST CHURCH PURPOSE: PURCHASE | $4,383 |