William M Cage Library Trust
- Assets
- $639.8k
- Revenue
- $209.3k
- Investments
- $587.8k
- Employees
- 0
- Location
- Fredericksburg, VA
- Founding
- 09/1994
- Data as of
- 12/2022
- EIN
- 54-6350104
Organization Overview
William M Cage Library Trust is located in Fredericksburg, VA. The organization was established in 1994. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William M Cage Library 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 12/2022, William M Cage Library Trust generated $209.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $108.7k during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 5 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 2020, William M Cage Library Trust has awarded 479 individual grants totaling $318,054. 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 | $44 |
| Dividends & Interest | $54,323 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $154,929 |
| Capital Gain Net Income | $154,929 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $209,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,394 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $929 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,650 |
| Total operating and administrative expenses | $19,798 |
| Contributions, gifts, grants paid | $88,945 |
| Total expenses and disbursements | $108,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,209 |
| Savings and temporary cash investments | $37,911 |
| 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 | $164,748 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $900 |
| Total assets | $639,789 |
| 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, William M Cage Library Trust has awarded $88,945 in support to 140 organizations.
| Grant Recipient | Amount |
|---|---|
ROANOKE COUNTY SCHOOLS PURPOSE: LIBRARY GRANTS | $12,000 |
CENTRAL RAPPAHANNOCK REGIONAL LIBRARY PURPOSE: LIBRARY GRANTS | $5,000 |
CAROLINE COUNTY PUBLIC SCHOOLS PURPOSE: LIBRARY GRANTS | $2,500 |
Fredericksburg, VA PURPOSE: LIBRARY GRANTS | $1,500 |
ANNE E MONCURE ELEMENTARY SCHOOL PURPOSE: LIBRARY GRANTS | $500 |
ACCAWMACKE ELEMENTARY SCHOOL PURPOSE: LIBRARY GRANTS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland College Park Foundation Inc College Park, MD | $869,831,500 | $109,216,276 |
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
Nc State Investment Fund Inc Raleigh, NC | $1,930,063,391 | $166,344,497 |
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
Unc Health Foundation Inc Chapel Hill, NC | $571,825,040 | $92,147,897 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
North Carolina State University Foundation Inc Raleigh, NC | $679,121,022 | $52,520,062 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |