Virginia Kincaid Charitable Trust
- Assets
- $544.6k
- Revenue
- $31.5k
- Investments
- $516.0k
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 11/1996
- Data as of
- 12/2022
- EIN
- 54-6402318
Organization Overview
Virginia Kincaid Charitable Trust is located in Baltimore, MD. The organization was established in 1996. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Virginia Kincaid 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 12/2022, Virginia Kincaid Charitable Trust generated $31.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $83.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik L Hewlett M D Trustee, Vice President | 1 | $0 | |
E Colby Walton III Trustee, President | 1 | $0 | |
Eben D Finney III Treasurer | 1 | $0 | |
Susan Norton Executive Director | 10 | $15,000 | |
John F Eisold M D Vice President | 1 | $0 | |
Burton Craige Gray Trustee, Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,891 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,414 |
| Capital Gain Net Income | $23,414 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $202 |
| Total Revenue | $31,507 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,033 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,268 |
| Total operating and administrative expenses | $26,053 |
| Contributions, gifts, grants paid | $57,000 |
| Total expenses and disbursements | $83,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,563 |
| 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 | $544,571 |
| 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, Virginia Kincaid Charitable Trust has awarded $57,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MARYMOUNT UNIVERSITY PURPOSE: MEDICAL RESEARCH | $3,000 |
NATIONAL PSORIASIS FOUNDATION PURPOSE: MEDICAL RESEARCH | $54,000 |