Trust Estate Of George B Riley
- Assets
- $20.7m
- Revenue
- $2.0m
- Investments
- $20.1m
- Employees
- 0
- Location
- Terrace Park, OH
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 31-0654315
Organization Overview
Trust Estate Of George B Riley is located in Terrace Park, OH. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2023, Trust Estate Of George B Riley generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 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, Trust Estate Of George B Riley has awarded 337 individual grants totaling $13,515,050. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hubert Auburn Trustee | 5 | $25,000 | |
James Hall Trustee | 5 | $25,000 | |
Stephen Winhusen Trustee | 5 | $25,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $739,721 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,230,289 |
| Capital Gain Net Income | $1,230,289 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,970,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $35,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,968 |
| Depreciation | $0 |
| Occupancy | $3,600 |
| Travel, conferences, and meetings | $375 |
| Printing and publications | $0 |
| Other expenses | $9,573 |
| Total operating and administrative expenses | $187,651 |
| Contributions, gifts, grants paid | $1,609,000 |
| Total expenses and disbursements | $1,796,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,337 |
| Savings and temporary cash investments | $0 |
| 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 | $32,102 |
| Total assets | $20,654,912 |
| 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, Trust Estate Of George B Riley has awarded $1,609,000 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
BLOC MINISTRIES INC PURPOSE: NEEDY CHILDREN & FAMILIES JOB TRAINING | $80,000 |
CHURCHES ACTIVE IN NORTHSIDE (CAIN) PURPOSE: NEEDY CHILDREN & FAMILIES AND FOOD PANTRY | $60,000 |
CINCINNATI URBAN PROMISE PURPOSE: CHILDREN'S SERVICES | $25,000 |
CINCINNATI WORKS INC PURPOSE: JOBS ASSISTANCE | $30,000 |
CITY GOSPEL MISSION PURPOSE: HOMELESS SERVICES AND ADDICTION | $50,000 |
CORNERSTONE RENTER EQUITY INC PURPOSE: HOUSING PROGRAMS | $20,000 |