Leo And Anne Albert Charitable Trust
- Assets
- $4.4m
- Revenue
- $460.3k
- Investments
- $3.9m
- Employees
- 0
- Location
- Palm Harbor, FL
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 65-6473109
Organization Overview
Leo And Anne Albert Charitable Trust is located in Palm Harbor, FL. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Leo And Anne Albert 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 12/2021, Leo And Anne Albert Charitable Trust generated $460.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 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 2016, Leo And Anne Albert Charitable Trust has awarded 81 individual grants totaling $11,695,252. 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 | $0 |
| Dividends & Interest | $117,692 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $342,605 |
| Capital Gain Net Income | $342,605 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $460,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $95,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,473 |
| Printing and publications | $0 |
| Other expenses | -$50,929 |
| Total operating and administrative expenses | $187,747 |
| Contributions, gifts, grants paid | $1,805,522 |
| Total expenses and disbursements | $1,993,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,178 |
| Savings and temporary cash investments | $519,665 |
| Net Accounts receivable | $200 |
| 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 | $4,412,847 |
| 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, Leo And Anne Albert Charitable Trust has awarded $1,805,522 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT RESEARCH INSTITUTE FOR WHITE MATTER AND COGNITION PURPOSE: TO ADVANCE STUDIES TO GAIN A GREATER UNDERSTANDING OF WHITE MATTER AND IS IT POSSIBLE TO SLOW COGNITIVE LOSS. | $300,000 |
West Palm Beach, FL PURPOSE: CONSTRUCTION PROJECT- ALBERT DAY CARE CENTER | $276,048 |
West Palm Beach, FL PURPOSE: CONSTRUCTION PROJECT- ALBERT DAY CARE CENTER | $156,916 |
KU ENDOWMENT PURPOSE: DR. JOHN A TAYLOR - BLADDER CANCER RESEARCH | $149,875 |
KU ENDOWMENT PURPOSE: DR. JEFFREY M BURNS - ALZHEIMER'S DISEASE RESEARCH | $149,875 |
West Palm Beach, FL PURPOSE: CONSTRUCTION PROJECT- ALBERT DAY CARE CENTER | $122,716 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Louis And Gloria Flanzer Philantrhopic Tr Sarasota, FL | $95,188,629 | $13,796,000 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |
The Gary W Rollins Foundation Atlanta, GA | $72,624,629 | $27,015,806 |
Theodore R & Vivian M Johnson Scholarship Foundation Inc West Palm Beach, FL | $0 | $7,841,898 |