The Linda@hammett Ory & Andrew Ory Charitable Trust
- Assets
- $9.7m
- Revenue
- $3.6m
- Investments
- $9.3m
- Employees
- 0
- Location
- Lincoln, MA
- Founding
- 10/2013
- Data as of
- 12/2021
- EIN
- 38-7082936
Organization Overview
The Linda@hammett Ory & Andrew Ory Charitable Trust is located in Lincoln, MA. The organization was established in 2013. 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. Linda@hammett Ory & Andrew Ory 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 12/2021, Linda@hammett Ory & Andrew Ory Charitable Trust generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.6% each year . All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 30.3% 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.
Since 2016, Linda@hammett Ory & Andrew Ory Charitable Trust has awarded 395 individual grants totaling $17,143,083. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda G Hammett Ory Trustee | 0 | $0 | |
Andrew D Ory Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $55,644 |
| Dividends & Interest | $179,483 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,393,610 |
| Capital Gain Net Income | $3,386,414 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,628,737 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78,920 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $229,473 |
| Contributions, gifts, grants paid | $5,012,252 |
| Total expenses and disbursements | $5,241,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $337,402 |
| Savings and temporary cash investments | $12,144 |
| 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 | $1,493,106 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,697,677 |
| 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, The Linda@hammett Ory & Andrew Ory Charitable Trust has awarded $5,012,252 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: GENERAL | $916,512 |
Cambridge, MA PURPOSE: GENERAL | $800,000 |
Cambridge, MA PURPOSE: GENERAL | $500,000 |
Cambridge, MA PURPOSE: GENERAL | $425,000 |
Concord, MA PURPOSE: GENERAL | $400,000 |
Concord, MA PURPOSE: GENERAL | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |