Meredith E Drench Charitable Tr
- Assets
- $1.7m
- Revenue
- $69.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- Newburyport, MA
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 47-6372167
Organization Overview
Meredith E Drench Charitable Tr is located in Newburyport, MA. The organization was established in 0000.
For the year ending 12/2022, Meredith E Drench Charitable Tr generated $69.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $211.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Meredith E Drench Charitable Tr has awarded 46 individual grants totaling $768,007. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $69,782 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $3,212 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,954 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $53,286 |
| Contributions, gifts, grants paid | $158,513 |
| Total expenses and disbursements | $211,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,033 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $1,714,986 |
| 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, Meredith E Drench Charitable Tr has awarded $158,513 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Whippany, NJ PURPOSE: EDUCATION | $44,569 |
New York, NY PURPOSE: MEDICAL | $25,908 |
HADASSAH WIZO AMERICA PURPOSE: WELFARE PROJECTS | $25,795 |
PEF ENDOWMENT HADASSAH ACADEMIC COLLEGE PURPOSE: EDUCATION | $21,698 |
Boston, MA PURPOSE: SHELTER/FOOD | $15,942 |
TRUSTEES OF BU PURPOSE: EDUCATION | $12,419 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Philadelphia Post-Acute Partnersllc Philadelphia, PA | $76,499,158 | $101,068,675 |
Urs Federal Support Services Inc Veba Trust Welfare Benefits Plan Boston, MA | $7,183,166 | $100,020,557 |
Connecticut Foodshare Inc Wallingford, CT | $64,587,641 | $98,816,890 |