Barnet Segal Charitable Trust
- Assets
- $11.2m
- Revenue
- $411.0k
- Investments
- $10.4m
- Employees
- 0
- Location
- Carmel, CA
- Founding
- 06/1986
- Data as of
- 03/2023
- EIN
- 77-6024786
Organization Overview
Barnet Segal Charitable Trust is located in Carmel, CA. The organization was established in 1986. 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. Barnet Segal 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 03/2023, Barnet Segal Charitable Trust generated $411.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $992.5k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Barnet Segal Charitable Trust has awarded 57 individual grants totaling $1,212,576. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Brodsley Trustee | 10 | $84,000 | |
Stuart Berman Trustee | 10 | $84,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $211,218 |
| Net Rental Income | $141,744 |
| Net Gain on Sale of Assets | $26,331 |
| Capital Gain Net Income | $26,331 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $21 |
| Total Revenue | $411,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $168,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,655 |
| Depreciation | $4,730 |
| Occupancy | $13,750 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,315 |
| Total operating and administrative expenses | $347,486 |
| Contributions, gifts, grants paid | $645,000 |
| Total expenses and disbursements | $992,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,919 |
| Savings and temporary cash investments | $260,185 |
| 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 | $507,971 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $41,126 |
| Total assets | $11,243,242 |
| 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 | $23,400 |
| Total liabilities | $23,400 |
Grants Awarded
Over the last fiscal year, Barnet Segal Charitable Trust has awarded $645,000 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
AG LAND TRUST PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE | $30,000 |
4DENTISTRY PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE | $5,000 |
AGRICULTURE AND LAND BASED TRAINING ASSOCIATION PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE | $3,000 |
ALLIANCE ON AGING PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE | $5,000 |
AMERICAN LEGION POST 0512 CARMEL PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE | $5,000 |
BIG SUR LAND TRUST PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE | $72,000 |