Cecil Duncan Tr
- Assets
- $2.1m
- Revenue
- $83.8k
- Investments
- $1.5m
- Employees
- 0
- Location
- Mitchell, SD
- Founding
- 01/2009
- Data as of
- 12/2023
- EIN
- 46-6084227
Organization Overview
Cecil Duncan Tr is located in Mitchell, SD. The organization was established in 2009. 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. Cecil Duncan 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, Cecil Duncan Tr generated $83.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $85.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cecil Duncan Tr has awarded 16 individual grants totaling $626,010. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fnn Trust Company Llc Trustee | 0 | $19,270 | |
Dennis Jarabek Outside Trus | 0 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,927 |
| Dividends & Interest | $29,883 |
| Net Rental Income | $4,098 |
| Net Gain on Sale of Assets | $41,676 |
| Capital Gain Net Income | $41,676 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,781 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,270 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $160 |
| Total operating and administrative expenses | $29,934 |
| Contributions, gifts, grants paid | $55,850 |
| Total expenses and disbursements | $85,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,948 |
| Savings and temporary cash investments | $0 |
| 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 | $584,000 |
| Other assets | $0 |
| Total assets | $2,089,359 |
| 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, Cecil Duncan Tr has awarded $55,850 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY SPIRIT CATHOLIC CHUR PURPOSE: SUPPORT | $27,925 |
PRESENTATION COLLEGE PURPOSE: SUPPORT | $27,925 |