A G Bishop Charitable Tr R68349001
- Assets
- $10.8m
- Revenue
- $339.8k
- Investments
- $10.6m
- Employees
- 0
- Location
- Fenton, MI
- Founding
- 09/1945
- Data as of
- 12/2022
- EIN
- 38-6040693
Organization Overview
A G Bishop Charitable Tr R68349001 is located in Fenton, MI. The organization was established in 1945. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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.
For the year ending 12/2022, A G Bishop Charitable Tr R68349001 generated $339.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $831.2k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 7 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $349 |
| Dividends & Interest | $339,464 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $659,314 |
| Net ST Capital Gain | $25,839 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $339,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,548 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,038 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,692 |
| Total operating and administrative expenses | $80,878 |
| Contributions, gifts, grants paid | $750,315 |
| Total expenses and disbursements | $831,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $214,739 |
| 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 | $10,781,842 |
| 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, A G Bishop Charitable Tr R68349001 has awarded $535,194 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CRIM FITNESS FOUNDATION INC PURPOSE: GENERAL USE | $40,000 |
SEE ATTACHED LIST PURPOSE: GENERAL USE | $495,194 |