Greater Seymour Trust Fund
- Assets
- $12.2m
- Revenue
- $883.8k
- Investments
- $12.1m
- Employees
- 0
- Location
- Seymour, IN
- Founding
- 03/1970
- Data as of
- 06/2023
- EIN
- 35-6208884
Organization Overview
Greater Seymour Trust Fund is located in Seymour, IN. The organization was established in 1970. 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. Greater Seymour 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 06/2023, Greater Seymour Trust Fund generated $883.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $763.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDED 136 SCHOLARSHIPS TOTALING $318,122 TO HIGH SCHOOL GRADUATES TO FURTHER THEIR HIGHER EDUCATION.
A GRANT OF $25,000 WAS MADE TO THE LANDMARK FOUNDATION ON 11/09/2022 FOR THE GENERAL SUPPORT OF THE FOUNDATION'S CHARITABLE ACTIVITIES.
A GRANT OF $15,000 WAS MADE TO THE DAVIDSON UNITED METHODIST CHURCH ON 06/14/2023 TO FURTHER THE RELIGIOUS, CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE CHURCH.
A GRANT OF $13,750 WAS MADE TO THE HUMANE SOCIETY OF JACKSON COUNTY ON 11/17/2022 TO ASSIST IN FINANCING DAY TO DAY ACTIVITIES OF THE SHELTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackson County Bank Trustee | 2 | $181,292 | |
Jan Warren Secretary | 0.25 | $0 | |
Robert Vondielingen President | 0.25 | $0 | |
Matthew Nicholson Director | 0.25 | $0 | |
Ralph Blomenberg Director | 0.25 | $0 | |
Marvin S Veatch Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,390 |
| Interest on Savings | $8,258 |
| Dividends & Interest | $283,201 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $552,607 |
| Capital Gain Net Income | $552,607 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $319 |
| Total Revenue | $883,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $181,292 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,081 |
| Depreciation | $48 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,117 |
| Total operating and administrative expenses | $241,002 |
| Contributions, gifts, grants paid | $522,546 |
| Total expenses and disbursements | $763,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,259 |
| 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 | $76 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,162,520 |
| 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, Greater Seymour Trust Fund has awarded $522,546 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED STATEMENT - PREPARED BY GREATER SEYMOUR TRUST FUND PURPOSE: GRANTS TO YOUTH, CIVIC, HEALTH, RELIGIOUS AND EDUCATION RECIPIENTS | $204,424 |
SEE ATTACHED STATEMENT - PREPARED B PURPOSE: SCHOLARSHIPS | $318,122 |