Katherine P Hare Charitable Tr
- Assets
- $392.6k
- Revenue
- $2.5k
- Investments
- $368.7k
- Employees
- 0
- Location
- Marietta, OH
- Founding
- 06/1999
- Data as of
- 12/2022
- EIN
- 31-6615260
Organization Overview
Katherine P Hare Charitable Tr is located in Marietta, OH. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Katherine P Hare Charitable Tr 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 12/2022, Katherine P Hare Charitable Tr generated $2.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $6.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Katherine P Hare Charitable Tr has awarded 45 individual grants totaling $207,494. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS TRUST PAYS OUT ALL INCOME ON A QUARTERLY BASIS TO 5 CHARITABLE ORGANIZATIONS LISTED IN THE TRUST AGREEMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,272 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$731 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,649 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $111 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,285 |
| Contributions, gifts, grants paid | $3,693 |
| Total expenses and disbursements | $5,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,874 |
| 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 | $0 |
| Total assets | $392,565 |
| 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, Katherine P Hare Charitable Tr has awarded $3,693 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BACK TO THE BIBLE PURPOSE: SUPPORT OF PROGRAMS | $923 |
ASSOCIATION OF CHRISTIAN SCHOOLS PURPOSE: SUPPORT OF SCHOOLS | $462 |
THE BOWERY MISSION PURPOSE: SUPPORT OF MISSION | $923 |
WILMINGTON CHRISTIAN ACADEMY PURPOSE: SUPPORT OF ACADEMY | $462 |
BILLY GRAHAM EVANGELISTIC ASSOC PURPOSE: SUPPORT OF PROGRAMS | $923 |