Krumrine-Hubbard Charitable Tr
- Assets
- $1.9m
- Revenue
- $93.2k
- Investments
- $1.9m
- Employees
- 0
- Location
- Hanover, PA
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 47-6459859
Organization Overview
Krumrine-Hubbard Charitable Tr is located in Hanover, PA. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2022, Krumrine-Hubbard Charitable Tr generated $93.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $136.6k during the year ending 12/2022. While expenses have increased by 11.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Krumrine-Hubbard Charitable Tr has awarded 38 individual grants totaling $403,458. 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 | $58,642 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,582 |
| Capital Gain Net Income | $34,582 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $93,224 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,515 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,387 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $63,563 |
| Contributions, gifts, grants paid | $73,000 |
| Total expenses and disbursements | $136,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $53,983 |
| 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 | $1,886,261 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,940,244 |
| 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, Krumrine-Hubbard Charitable Tr has awarded $73,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
GUTHRIE MEMORIAL LIBRARY PURPOSE: PURCHASE OF BOOKS IN SPECIFIED SUBJECT AREAS; BALANCE WITHOUT CONDITION FOR WHATEVER CHARITABLE PURPOSES DEEMED APPROPRIATE. | $17,000 |
HANOVER HOSPITAL PURPOSE: FUND A SCHOLARSHIP FOR NURSING AIDES OR ASSISTANTS TO HELP FURTHER THEIR EDUCATION AND TRAINING IN THE NURSING FIELD. | $17,000 |
ST PAUL'S LUTHERAN CHURCH PURPOSE: PURCHASE OF FLOWERS; BALANCE WITHOUT CONDITION AND FOR WHATEVER CHARITABLE PURPOSE THE CHURCH DEEMS APPROPRIATE. | $17,000 |
BOWDOIN COLLEGE PURPOSE: SCHOLARSHIP FOR HANOVER HIGH SCHOOL SCHOLARSHIP RECIPIENT | $2,500 |
VISITING NURSES ASSOCIATION OF HANOVER & SPRING GROVE PURPOSE: CONTRIBUTION WITHOUT CONDITION AND FOR WHATEVER PURPOSE THE VNA DEEEMS APPROPRIATE. | $17,000 |
RHODES COLLEGE PURPOSE: SCHOLARSHIP FOR HANOVER HIGH SCHOOL SCHOLARSHIP RECIPIENT | $2,500 |