Robert A Monning Char Tr is located in Glasgow, MO. The organization was established in 1999. 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. Robert A Monning Char Tr 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 12/2023, Robert A Monning Char Tr generated $73.3k 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 (16.8%) each year. All expenses for the organization totaled $14.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (25.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert A Monning Char Tr has awarded 27 individual grants totaling $715,036. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE DONATIONS WERE MADE TO THE GLASGOW PARK BOARD IN GLASGOW, MO.
CHARITABLE DONATIONS WERE MADE TO THE GLASGOW MAIN STREET ASSOCIATION IN GLASGOW, MO.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $121 |
Dividends & Interest | $21,528 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $51,566 |
Capital Gain Net Income | $51,566 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $96 |
Total Revenue | $73,311 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,216 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $134 |
Total operating and administrative expenses | $2,950 |
Contributions, gifts, grants paid | $11,000 |
Total expenses and disbursements | $13,950 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $38,746 |
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 | $0 |
Total assets | $983,093 |
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, Robert A Monning Char Tr has awarded $11,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
GLASGOW PARK BOARD PURPOSE: CHARITABLE OPERATIONS | $10,000 |
GLASGOW MAIN ST ASSOC PURPOSE: CHARITABLE OPERATIONS | $1,000 |