Peter Van Haften Charitable Trust
- Assets
- $337.1k
- Revenue
- $13.7k
- Investments
- $335.5k
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 05/1989
- Data as of
- 05/2024
- EIN
- 38-6527243
Organization Overview
Peter Van Haften Charitable Trust is located in Detroit, MI. The organization was established in 1989. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peter Van Haften Charitable 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 05/2024, Peter Van Haften Charitable Trust generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $27.4k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Peter Van Haften Charitable Trust has awarded 16 individual grants totaling $151,698. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,504 |
| Capital Gain Net Income | $5,504 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $69 |
| Total Revenue | $13,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,617 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,617 |
| Contributions, gifts, grants paid | $19,820 |
| Total expenses and disbursements | $27,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,583 |
| Savings and temporary cash investments | $0 |
| 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 | $335,523 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $337,106 |
| 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, Peter Van Haften Charitable Trust has awarded $19,820 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN DIABETES ASSOCIATION PURPOSE: DAILY OPERATIONS SUPPORT | $9,910 |
AMERICAN CANCER SOCIETY PURPOSE: DAILY OPERATIONS SUPPORT | $9,910 |