Robert R Scott Charitable Remainder Trust
- Assets
- $816.3k
- Revenue
- $39.4k
- Investments
- $816.3k
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 61-6219119
Organization Overview
Robert R Scott Charitable Remainder Trust is located in Charlotte, NC. 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 12/2021, Robert R Scott Charitable Remainder Trust generated $39.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $71.9k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 4 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,485 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,948 |
| Capital Gain Net Income | $14,948 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,518 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $116 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,634 |
| Contributions, gifts, grants paid | $53,296 |
| Total expenses and disbursements | $71,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $816,341 |
| 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, Robert R Scott Charitable Remainder Trust has awarded $53,296 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DIXIE HEIGHTS HIGH SCHOOL PURPOSE: IN SUPPORT OF ITS MISSION | $13,324 |
SCOTT HIGH SCHOOL PURPOSE: IN SUPPORT OF ITS MISSION | $13,324 |
SIMON KENTON HIGH SCHOOL PURPOSE: IN SUPPORT OF ITS MISSION | $13,324 |
UNIVERSITY OF KENTUCKY PURPOSE: IN SUPPORT OF ITS MISSION | $7,994 |
CRESCENT SPRINGS PRESBYTERIAN CHURCH PURPOSE: IN SUPPORT OF ITS MISSION | $5,330 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Blake Family Foundation Inc Atlanta, GA | $54,641,915 | $13,537,530 |
St Marys United Methodist Church Foundation Inc Saint Marys, GA | $38,808,441 | $1,300,375 |
Nagrodsky Family Foundation Charleston, SC | $7,938,380 | $247,514 |
R Harold And Patsy Harrison Foundation Inc Brookhaven, GA | $31,730,871 | $2,128,634 |
National Association Of Chapter 13 Trustees Columbia, SC | $849,459 | $1,212,204 |
John Dustin Buckman Charitable Trust Memphis, TN | $21,180,469 | $1,024,757 |
W O And Ann Powers Foundation Inc Florence, SC | $6,582,081 | $44,065 |
Hugo Dixon Foundation Memphis, TN | $20,406,138 | $1,401,485 |
Om Charitable Tr Of Usa Lebanon, TN | $987,131 | $2,115,299 |