Eleanore Bennett Charitable Tr No 1
- Assets
- $5.0m
- Revenue
- $265.8k
- Investments
- $4.9m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 06/2003
- Data as of
- 05/2024
- EIN
- 30-6016982
Organization Overview
Eleanore Bennett Charitable Tr No 1 is located in Cambridge, MA. The organization was established in 2003. 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. Eleanore Bennett Charitable Tr No 1 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 05/2024, Eleanore Bennett Charitable Tr No 1 generated $265.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $371.8k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eleanore Bennett Charitable Tr No 1 has awarded 399 individual grants totaling $2,700,750. 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 |
|---|---|---|---|
Thomas M Chapin Trustee | 1 | $10,000 | |
Stewart B Chapin Trustee | 1 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $99,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $165,836 |
| Capital Gain Net Income | $165,999 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $476 |
| Total Revenue | $265,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,349 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $54,335 |
| Contributions, gifts, grants paid | $317,500 |
| Total expenses and disbursements | $371,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,930 |
| Savings and temporary cash investments | $80,672 |
| 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 | $535,283 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,962,873 |
| 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, Eleanore Bennett Charitable Tr No 1 has awarded $317,500 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
3LPLACE PURPOSE: ENTITY SUPPORT | $5,000 |
826 BOSTON PURPOSE: ENTITY SUPPORT | $5,000 |
ABORTION LIBERATION FUND OF PA PURPOSE: ENTITY SUPPORT | $5,000 |
ADOLESCENT CONSULTATION SERVICES PURPOSE: ENTITY SUPPORT | $10,000 |
ANERA PURPOSE: ENTITY SUPPORT | $5,000 |
ANN'S HEART PURPOSE: ENTITY SUPPORT | $500 |