Hoyt Trust

Organization Overview

Hoyt Trust is located in Saginaw, MI. The organization was established in 1982. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoyt Trust 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 06/2022, Hoyt Trust generated $317.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $754.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE TRUST PROVIDES MODEST FINANCIAL SUPPORT TO SUPPORT THE HOYT LIBRARY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO MAINTAIN AND PROVIDE A PHYSICAL STRUCTURE FOR THE LIBRARY.


OTHER EXPENSES


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Board, Officers & Key Employees

Name (title)Compensation
Ann Schneider Branch
President
$0
Diane Kloc
Treasurer
$0
Ralph Martin
Vice Preside
$0
Maria Mccarville
Executive Di
$0
Pam Clark
Trustee
$0
Michael Thompson
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,000
All other contributions, gifts, grants, and similar amounts not included above$50,504
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$51,504
Total Program Service Revenue$377,866
Investment income $32,900
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$144,978
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $317,292

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hoyt Trust has recieved totaling $7,500.

Awarding OrganizationAmount
Richard J Garber Foundation

Saginaw, MI

PURPOSE: CHARITABLE

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$46,500
Ending Balance$46,500

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