Harry Stensen Memorial Trust Fund
- Assets
- $2.4m
- Revenue
- $665.2k
- Investments
- $2.3m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 08/1982
- Data as of
- 05/2023
- EIN
- 34-6619471
Organization Overview
Harry Stensen Memorial Trust Fund is located in Brooklyn, OH. The organization was established in 1982. 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. Harry Stensen Memorial Trust Fund 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 05/2023, Harry Stensen Memorial Trust Fund generated $665.2k in total revenue. All expenses for the organization totaled $334.4k during the year ending 05/2023.
Since 2022, Harry Stensen Memorial Trust Fund has awarded 40 individual grants totaling $440,404. 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 | $58,147 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $607,031 |
| Capital Gain Net Income | $607,031 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $665,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,294 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,661 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,005 |
| Contributions, gifts, grants paid | $299,429 |
| Total expenses and disbursements | $334,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $114,247 |
| 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 | $2,303,348 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,417,595 |
| 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, Harry Stensen Memorial Trust Fund has awarded $299,429 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
PORT CLINTON FRIENDS OF PURPOSE: GENERAL OPERATING | $20,263 |
MUSICAL ARTS SERIES IN PORT CLINTON PURPOSE: TWO FREE COMMUNITY | $12,000 |
AREA HERITAGE FOUNDATION PURPOSE: GENERAL OPERATING | $11,000 |
THE SALVATION ARMY PURPOSE: GENERAL OPERATING | $30,000 |
HUMANE SOCIETY OF OTTAWA COUNTY PURPOSE: GENERAL OPERATING | $10,000 |
AMERICAN RED CROSS PURPOSE: GENERAL OPERATING | $11,700 |