Robey Charitable Trust
- Assets
- $10.1m
- Revenue
- $217.8k
- Investments
- $8.7m
- Employees
- 0
- Location
- Redding, CT
- Founding
- 09/1995
- Data as of
- 12/2022
- EIN
- 59-6961615
Organization Overview
Robey Charitable Trust is located in Redding, CT. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Robey 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, Robey Charitable Trust generated $217.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $519.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Robey Charitable Trust has awarded 58 individual grants totaling $1,597,100. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AVE MARIA SCHOOL OF LAW: STUDENTS COMPLETE SELF-STUDY OF BUILDING BETTER EFFECTIVENESS MANUALS PROVIDED BY OUR TRUST AND SUBMIT ESSAYS UPON COMPLETION OF THEIR SELF-STUDY. TUITION GRANTS ARE MADE TO THE COLLEGE FOR TWENTY STUDENTS.
HILLSDALE COLLEGE: STUDENTS COMPLETE SELF-STUDY OF BUILDING BETTER EFFECTIVENESS MANUALS PROVIDED BY OUR TRUST AND SUBMIT ESSAYS UPON COMPLETION OF THEIR SELF-STUDY. TUITION GRANTS ARE MADE TO THE COLLEGE FOR THE STUDENTS WHO COMPLETED THE SELF-STUDY.
THOMAS MOORE COLLEGE: STUDENTS COMPLETE SELF-STUDY OF BUILDING BETTER EFFECTIVENESS MANUALS PROVIDED BY OUR TRUST AND SUBMIT ESSAYS UPON COMPLETION OF THEIR SELF-STUDY. TUITION GRANTS ARE MADE TO THE COLLEGE FOR FOUR STUDENTS.
SAINT JAMES CATHOLIC SCHOOL: STUDENTS COMPLETE SELF-STUDY OF BUILDING BETTER EFFECTIVENESS MANUALS PROVIDED BY OUR TRUST AND SUBMIT ESSAYS UPON COMPLETION OF THEIR SELF-STUDY. TUITION GRANTS ARE MADE TO THE COLLEGE FOR FOUR STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Robey Officer | 1 | $0 | |
Paul Robey Officer | 1 | $0 | |
Elizabeth Robey Officer | 1 | $0 | |
Pamela Robey Officer | 1 | $48,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $208,697 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,802 |
| Capital Gain Net Income | $45,802 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$36,683 |
| Total Revenue | $217,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $856 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54,480 |
| Total operating and administrative expenses | $108,086 |
| Contributions, gifts, grants paid | $411,500 |
| Total expenses and disbursements | $519,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,632 |
| 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 | $1,824,013 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,171,472 |
| Total assets | $10,139,240 |
| 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, Robey Charitable Trust has awarded $411,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AVE MARIA SCHOOL OF LAW PURPOSE: TUITION SUPPORT | $150,000 |
CATHOLIC CHARITIES PURPOSE: TUITION SUPPORT | $8,600 |
HILLSDALE COLLEGE PURPOSE: TUITION AND ADMINISTRATION SUPPORT | $109,000 |
MARK TWAIN LIBRARY PURPOSE: TUITION SUPPORT | $10,000 |
ST JAMES CATHOLIC SCHOOL PURPOSE: TUITION SUPPORT | $25,000 |
THE WILLIAM F BUCKLEY JR PROGRAM PURPOSE: TUITION SUPPORT | $20,000 |