Signatry Charitable Trust
- Assets
- $340.6m
- Revenue
- $145.4m
- Investments
- $169.9m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 82-5070897
Organization Overview
Signatry Charitable Trust, operating under the name The Signatry, is located in Sioux Falls, SD. The organization was established in 2019. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Signatry 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 12/2023, Signatry generated $145.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 49.8% each year . All expenses for the organization totaled $29.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Signatry has awarded 31 individual grants totaling $181,458,729. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND FACILITATE REVOLUTIONARY BIBLICAL GENEROSITY ACROSS GENERATIONS TO SOLVE THE WORLD'S GREATEST PROBLEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST FACILITATES GENEROSITY THROUGH DONOR ADVISED FUNDS AND OTHER CHARITABLE TOOLS TO SUPPORT QUALIFIED § 501(C)(3) ORGANIZATIONS IN PURSUIT OF SOLVING THE WORLD'S GREATEST PROBLEMS, NOTABLY IN THE AREAS OF COMMUNITY DEVELOPMENT, CREATION CARE, CHRISTIAN DISCIPLESHIP, EDUCATION & PROFESSIONAL DEVELOPMENT, FAMILY SERVICES, HEALTH & HUMAN SERVICES, HUMANITARIAN AID & RELIEF, JUSTICE & ADVOCACY, CHRISTIAN OUTREACH, AND PHILANTHROPY & CULTURE. 13 ORGANIZATIONS RECEIVED SUPPORT FROM THE TRUST DURING THE TAX YEAR 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee (beginning 11/17/2023) | 5 | $0 | |
Name Not Listed Trustee | 1 | $0 | |
Name Not Listed Vice President (all Year), Secretary (until 9/25/23), Chief Tax Officer (beg 10/5/2023) | Officer | 30 | $0 |
Name Not Listed Vice President (all Year), Secretary (beginning 9/25/23) | Officer | 20 | $0 |
Name Not Listed Vice President Of Operations | Officer | 10 | $0 |
Name Not Listed Vice President | Officer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,173,700 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $133,540,149 |
| Noncash contributions included in lines 1a–1f | $31,606,168 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,713,849 |
| Total Program Service Revenue | $0 |
| Investment income | $8,466,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,273 |
| Net Gain/Loss on Asset Sales | -$6,535,739 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $145,393,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,797,079 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,993 |
| Fees for services: Accounting | $48,871 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $365,219 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,543 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $34,319 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,683 |
| All other expenses | $0 |
| Total functional expenses | $29,094,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,753,517 |
| Savings and temporary cash investments | $105,870,610 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $7,963,763 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,150,222 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $951,715 |
| Investments—publicly traded securities | $15,752,806 |
| Investments—other securities | $169,888,749 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $281,251 |
| Total assets | $340,612,633 |
| Accounts payable and accrued expenses | $23,123 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,123 |
| Net assets without donor restrictions | $340,589,510 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $340,612,633 |
Grants Awarded
Over the last fiscal year, Signatry Charitable Trust has awarded $25,781,570 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SERVANT FOUNDATION DBA THE SIGNATRY PURPOSE: COMMUNITY DEVELOPMENT,EDUCATION, AND RELIGIOUS MINISTRY | $25,712,706 |
CLARIS HEALTH PURPOSE: GENERAL | $6,490 |
LANGHAM PARTNERSHIP USA INC NFP PURPOSE: GENERAL | $33,360 |
LOVE YOUR NEIGHBOR AS YOURSELF PURPOSE: GENERAL | $6,490 |
PROCLAMATION PRESBYTERIAN CHURCH PURPOSE: GENERAL | $17,524 |
REALOPTIONS OBRIA MEDICAL CLINICS PURPOSE: COMMUNITY DEVELOPMENT | $5,000 |