Aim High Charitable Trust
- Assets
- $3.9k
- Revenue
- $206.1k
- Investments
- $0.0
- Employees
- 0
- Location
- East Weymouth, MA
- Founding
- 11/2017
- Data as of
- 06/2024
- EIN
- 82-1432348
Organization Overview
Aim High Charitable Trust is located in East Weymouth, MA. The organization was established in 2017. 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. Aim High 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 06/2024, Aim High Charitable Trust generated $206.1k 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 (7.4%) each year. All expenses for the organization totaled $221.2k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Aim High Charitable Trust has awarded 225 individual grants totaling $768,062. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John F White Chairman/trustee | 2 | $0 | |
Susan Hanna Executive Director | 2 | $0 | |
James F Rice Treasurer/trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $202,350 |
| Interest on Savings | $3,773 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $206,123 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $742 |
| Total operating and administrative expenses | $2,452 |
| Contributions, gifts, grants paid | $218,743 |
| Total expenses and disbursements | $221,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,903 |
| 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 | $3,903 |
| 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, Aim High Charitable Trust has awarded $218,743 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
LUIS APARICIO PURPOSE: SCHOLARSHIP | $4,000 |
GBEMISOLA ADEWUMI PURPOSE: SCHOLARSHIP | $4,000 |
FLORENCE AKINGBEHIN PURPOSE: SCHOLARSHIP | $4,000 |
KIARA ANSLEY-HINDS PURPOSE: SCHOLARSHIP | $3,000 |
ABIGAL ASFAW PURPOSE: SCHOLARSHIP | $4,000 |
VICTORIA AKINGBEHIN PURPOSE: SCHOLARSHIP | $4,000 |