Ua Margaret E Sullivan 21854400 is located in Cincinnati, OH. The organization was established in 2019. 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. Ua Margaret E Sullivan 21854400 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, Ua Margaret E Sullivan 21854400 generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.0% each year . All expenses for the organization totaled $288.2k during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 5 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 2019, Ua Margaret E Sullivan 21854400 has awarded 16 individual grants totaling $1,273,822. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $115,937 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,753,908 |
Capital Gain Net Income | $1,753,908 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,869,845 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $55,681 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,885 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $200 |
Total operating and administrative expenses | $60,176 |
Contributions, gifts, grants paid | $228,000 |
Total expenses and disbursements | $288,176 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1 |
Savings and temporary cash investments | $219,508 |
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 | $4,239,038 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $4,458,547 |
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 |
Over the last fiscal year, Ua Margaret E Sullivan 21854400 has awarded $228,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
MERCY HEALTH FOUNDATION PURPOSE: ANNUAL FUND | $152,000 |
WILMINGTON COLLEGE PURPOSE: SCHOLARSHIP | $63,333 |
MIAMI UNIVERSITY PURPOSE: SCHOLARSHIP | $12,667 |