James M Rabb Charitable Trust
- Assets
- $9.2m
- Revenue
- $286.3k
- Investments
- $9.1m
- Employees
- 0
- Location
- Weston, MA
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 38-7032850
Organization Overview
James M Rabb Charitable Trust is located in Weston, MA. The organization was established in 2014. 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. James M Rabb 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 12/2022, James M Rabb Charitable Trust generated $286.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $617.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, James M Rabb Charitable Trust has awarded 233 individual grants totaling $3,493,472. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $186,399 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $92,092 |
| Capital Gain Net Income | $92,092 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,849 |
| Total Revenue | $286,340 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,124 |
| Taxes | $19,380 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $71,349 |
| Contributions, gifts, grants paid | $545,900 |
| Total expenses and disbursements | $617,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,364 |
| 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 | $9,141,506 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,183,870 |
| 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, James M Rabb Charitable Trust has awarded $545,900 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
HARVARD ART MUSEUM PURPOSE: CHARITY | $5,000 |
BOSTON BALLET PURPOSE: CHARITY | $51,500 |
BOSTON LYRIC OPERA PURPOSE: CHARITY | $2,500 |
BOSTON SYMPHONY ORCHESTRA PURPOSE: CHARITY | $26,000 |
CELEBRITY SERIES PURPOSE: CHARITY | $158,300 |
CHRON'S & COLITIS FOUNDATION PURPOSE: CHARITY | $12,000 |