The information for James M Rabb Charitable Trust is as of the organization's most recent filing in December '21. This organization is located in Weston, MA. It has been in existence for 7 years, following its founding in 2014.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The James M Rabb Charitable Trust is classified as a Philanthropy, Voluntarism & Grantmaking Foundation with an NTEE code of T22. This means that the organization is a Private Independent Foundation, which focuses primarily on grantmaking based on charitable endowments. Private foundations like this one are generally endowed by a single individual or family and do not actively raise funds or seek public financial support. The James M Rabb Charitable Trust falls under Section C Code 3, which includes organizations engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Our dataset includes six years of grant history for the James M Rabb Charitable Trust. Over the course of those six years, the trust has awarded a total of 247 grants, with an average check size of $13,618. On average, the trust awards 41 grants each year. The majority of the grants awarded by the trust fall into the Arts, Culture & Humanities sector, with 34 grants awarded. Additionally, the trust has awarded 14 grants in the Education sector and 13 grants in the Human Services sector. The trust primarily awards grants in the state of Massachusetts, with 222 grants awarded. They have also awarded grants in Rhode Island (5), New York (6), Florida (1), Illinois (8), Ohio (1), North Carolina (1), Maryland (1), California (1), and Washington D.C. (1).
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $167,316 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $633,190 |
Capital Gain Net Income | $633,190 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $800,506 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $3,082 |
Taxes | $4,637 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $580 |
Total operating and administrative expenses | $93,008 |
Contributions, gifts, grants paid | $430,380 |
Total expenses and disbursements | $523,388 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $117,903 |
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 | $9,396,876 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $9,514,779 |
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, James M Rabb Charitable Trust has awarded $430,380 in support to 22 organizations.
Grant Recipient | Amount |
---|---|
CELEBRITY SERIES PURPOSE: CHARITY | $84,300 |
COMBINED JEWISH PHILANTHROPIES PURPOSE: CHARITY | $75,000 |
Cambridge, MA PURPOSE: CHARITY | $75,000 |
Boston, MA PURPOSE: CHARITY | $51,500 |
WGBH - CATALYST FUND FOR RADIO PURPOSE: CHARITY | $25,000 |
Boston, MA PURPOSE: CHARITY | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $0 | $17,565,686 |