Elsie Sang Charitable Trust
- Assets
- $3.3m
- Revenue
- $84.8k
- Investments
- $3.2m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/1999
- Data as of
- 12/2022
- EIN
- 58-6378638
Organization Overview
Elsie Sang Charitable Trust is located in Atlanta, GA. The organization was established in 1999. 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. Elsie Sang 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, Elsie Sang Charitable Trust generated $84.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $226.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Elsie Sang Charitable Trust has awarded 88 individual grants totaling $230,760. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth S Schectman Trustee | 10 | $50,000 | |
Irene N Sang Trustee | 10 | $50,000 | |
Benjamin T White Manager | 1 | $0 | |
Margaret Scott Manager | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,764 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,757 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $593 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95 |
| Total operating and administrative expenses | $135,085 |
| Contributions, gifts, grants paid | $91,200 |
| Total expenses and disbursements | $226,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,465 |
| 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 | $4,193 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,281,066 |
| 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, Elsie Sang Charitable Trust has awarded $76,800 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALERT FIRE DEPARTMENT PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $500 |
BANNER LUNG CANCER FUND PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $500 |
BROOKLYN BOTANICAL GARDEN PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $250 |
BROOKLYN CHILDREN'S MUSEUM PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $250 |
COMMUNITY OF ST MARY PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $500 |
DAMON RUNYAN CANCER RESEARCH FUND PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $5,000 |