Robert A@leonard Jr Charitable Trust
- Assets
- $979.5k
- Revenue
- $77.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-6677722
Organization Overview
Robert A@leonard Jr Charitable Trust is located in Southfield, MI. The organization was established in 2014. 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@leonard Jr 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 12/2023, Robert A@leonard Jr Charitable Trust generated $77.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $91.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $68,218 |
| Interest on Savings | $29 |
| Dividends & Interest | $2,717 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,243 |
| Capital Gain Net Income | $6,243 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,207 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,672 |
| Interest | $0 |
| Taxes | $272 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,457 |
| Total operating and administrative expenses | $80,521 |
| Contributions, gifts, grants paid | $10,895 |
| Total expenses and disbursements | $91,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $559,864 |
| Savings and temporary cash investments | $419,682 |
| 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 | $979,546 |
| 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, Robert A@leonard Jr Charitable Trust has awarded $10,895 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MICHIGAN PURPOSE: EDUCATIONAL PURPOSES | $4,800 |
MICHIGAN STATE UNIVERSITY PURPOSE: EDUCATIONAL PURPOSES | $6,095 |