Grace Bott Millar Charitable Trust
- Assets
- $681.8k
- Revenue
- $101.9k
- Investments
- $311.7k
- Employees
- 0
- Location
- Keokuk, IA
- Founding
- 03/1992
- Data as of
- 12/2022
- EIN
- 42-6374807
Organization Overview
Grace Bott Millar Charitable Trust is located in Keokuk, IA. The organization was established in 1992. 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. Grace Bott Millar 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, Grace Bott Millar Charitable Trust generated $101.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $83.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Grace Bott Millar Charitable Trust has awarded 112 individual grants totaling $541,267. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH DONATED TO KEOKUK UNION DEPOT FOUNDATION - MONEY FOR RESTORATION CAMPAIGN.
CASH DONATED TO KEOKUK HOERNER YMCA FOR THE PURPOSE OF WOMEN'S LOCKER ROOM RENOVATIONS.
CASH DONATED TO KEOKUK PARKS FOUNDATION FOR PURPOSES OF SUPPORTING THE CREATION OF A SHELTER HOUSE AT TRIANGLE PARK.
CASH DONATED TO GRAND THEATER COMMISSION FOR ANNUAL CONTRIBUTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Co-Trustee | 0 | $11,542 | |
Edward K Johnstone II Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,248 |
| Dividends & Interest | $27,498 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,117 |
| Capital Gain Net Income | $72,117 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,863 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,542 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,645 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2 |
| Total operating and administrative expenses | $15,334 |
| Contributions, gifts, grants paid | $68,500 |
| Total expenses and disbursements | $83,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,496 |
| 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 | $315,514 |
| Total assets | $681,759 |
| 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, Grace Bott Millar Charitable Trust has awarded $68,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BOTT COMMUNITY CENTER PURPOSE: COMMUNITY CENTER OUTREACH | $500 |
KEOKUK PARKS FOUNDATION PURPOSE: TRIANGLE PARK SHELTER HOUSE | $6,600 |
KEOKUK UNION DEPOT PURPOSE: PROJECT DONATION | $17,000 |
RAND PARK PAVILION PURPOSE: COMMISSION FOR SUMMER CONCERT | $1,000 |
THE GRAND THEATER PURPOSE: COMMISSION | $6,000 |
THE GRAND THEATER PURPOSE: FACILITY RENOVATIONS | $5,000 |