The Clellan Prewitt Charitable Remainder Unitrust
- Assets
- $359.5k
- Revenue
- $52.6k
- Investments
- $312.5k
- Employees
- 0
- Location
- Somerset, KY
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 31-1540242
Organization Overview
The Clellan Prewitt Charitable Remainder Unitrust is located in Somerset, KY. The organization was established in 0000. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2021, Clellan Prewitt Charitable Remainder Unitrust generated $52.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $29.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Clellan Prewitt Charitable Remainder Unitrust has awarded 16 individual grants totaling $144,023. 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 | $8,910 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,729 |
| Capital Gain Net Income | $43,729 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $52,639 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,802 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,482 |
| Contributions, gifts, grants paid | $19,202 |
| Total expenses and disbursements | $29,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,994 |
| 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 | $11,507 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $359,474 |
| 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, The Clellan Prewitt Charitable Remainder Unitrust has awarded $19,202 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOMERSET COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $10,029 |
FIRST CHRISTIAN CHURCH PURPOSE: MISSIONS | $9,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legacy Ministries International Miamisburg, OH | $19,772,122 | $9,496,870 |
Illinois Assistive Technology Program Springfield, IL | $10,127,419 | $6,900,669 |
Crossroads Fund Chicago, IL | $13,233,891 | $8,800,082 |
Alan Stone Family Charitable Foundation % Reed Smith LLP - Harry Rosenberg Chicago, IL | $0 | $100,169 |
Peter And Paula Fasseas Foundation Chicago, IL | $50,357,726 | $8,283,085 |
Jefferson City Parks And Recreation Foundation Jefferson City, MO | $842,423 | $291,038 |
Stephenson Family Foundation Schaumburg, IL | $89,371 | $3,480,000 |
Galesburg Community Foundation Galesburg, IL | $41,357,933 | $5,623,656 |
Dismas Charities Properties Inc Louisville, KY | $71,077,691 | $7,449,643 |
Higley Fund Of The Cleveland Foundation Cleveland, OH | $45,795,016 | $3,866,437 |
Adira Foundation Richmond, VA | $46,085 | $190,912 |
Iba Foundation Inc Indianapolis, IN | $12,440,961 | $2,236,680 |