William P Anderson Foundation Central Trust Co Agent
- Assets
- $4.5m
- Revenue
- $499.7k
- Investments
- $4.2m
- Employees
- 0
- Location
- Scituate, MA
- Founding
- 02/1944
- Data as of
- 10/2023
- EIN
- 31-6034059
Organization Overview
William P Anderson Foundation Central Trust Co Agent is located in Scituate, MA. The organization was established in 1944. 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. William P Anderson Foundation Central Trust Co Agent 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 10/2023, William P Anderson Foundation Central Trust Co Agent generated $499.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.9% each year . All expenses for the organization totaled $437.4k during the year ending 10/2023. While expenses have increased by 1.5% 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, William P Anderson Foundation Central Trust Co Agent has awarded 569 individual grants totaling $2,860,780. 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 |
|---|---|---|---|
John L Campbell Trustee | 1 | $0 | |
Grenville Anderson Treasurer | 1 | $0 | |
Michael A Coombe Vice President | 1 | $0 | |
William P Anderson Trustee | 1 | $0 | |
Polly W Whittaker Trustee | 1 | $0 | |
Tucker J Coombe Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $181,686 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $318,020 |
| Capital Gain Net Income | $318,020 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $499,706 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,914 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,516 |
| Total operating and administrative expenses | $65,430 |
| Contributions, gifts, grants paid | $372,000 |
| Total expenses and disbursements | $437,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $330,913 |
| 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 | $101,618 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3 |
| Total assets | $4,529,283 |
| 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, William P Anderson Foundation Central Trust Co Agent has awarded $372,000 in support to 73 organizations.
| Grant Recipient | Amount |
|---|---|
COVINGTON LADIES HOME PURPOSE: BRIDGE THE GAP IN CARE | $5,000 |
BIG BROTHERS BIG SISTERS OF GREATER PURPOSE: SITE BASED MENTORING | $6,000 |
CINCINNATI OBSERVATORY PURPOSE: YOUTH OUTREACH PROGRAM | $2,500 |
CHRIST CHURCH CATHEDRAL PURPOSE: ENSIGN HARRY JAMES COOMBE | $1,000 |
CINCINNATI WORKS PURPOSE: JOB READINESS | $5,000 |
CINCINNATI SHAKESPEARE COMPANY PURPOSE: CSC EDUCATION PROGRAM | $2,000 |