Blanche L Finley Trust Under Will is located in Terre Haute, IN. 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. Blanche L Finley Trust Under Will 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, Blanche L Finley Trust Under Will generated $931.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.3% each year . All expenses for the organization totaled $490.5k during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 4 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 2020, Blanche L Finley Trust Under Will has awarded 12 individual grants totaling $1,306,734. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLD ASSETS AND MAKE DISTRIBUTIONS SPECIFIED IN CLAUSE FOURTH OF THE TRUST INSTRUMENT. ALL OF THE BENEFICIARIES ARE SECTION 501(C)(3) PUBLIC CHARITIES.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $45,805 |
Net Rental Income | $180,393 |
Net Gain on Sale of Assets | $550,644 |
Capital Gain Net Income | $550,644 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $931,107 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $9,760 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $509 |
Depreciation | $526 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $155,828 |
Total operating and administrative expenses | $170,526 |
Contributions, gifts, grants paid | $320,001 |
Total expenses and disbursements | $490,527 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $594,977 |
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 | $612,965 |
Investments—mortgage loans | $0 |
Investments—other | $8,571 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,009,660 |
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, Blanche L Finley Trust Under Will has awarded $320,001 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
OSF SAINT JAMES-JOHN W ALBRECHT MC PURPOSE: RELIGION | $106,667 |
FIRST PRESBYTERIAN CHURCH OF PONTIAC PURPOSE: RELIGION | $106,667 |
FIRST UNITED METHODIST CHURCH OF PONTIAC PURPOSE: RELIGION | $106,667 |