Evergreen Charitable Trust
- Assets
- $891.8k
- Revenue
- $42.6k
- Investments
- $862.4k
- Employees
- 0
- Location
- Salem, OR
- Founding
- 08/1999
- Data as of
- 04/2022
- EIN
- 93-1247149
Organization Overview
Evergreen Charitable Trust is located in Salem, OR. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Evergreen 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 04/2022, Evergreen Charitable Trust generated $42.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $24.6k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Evergreen Charitable Trust has awarded 77 individual grants totaling $169,693. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPED INDIVIDUALS AND ORGANIZATIONS BUILD CHARITABLE ENDOWMENTS AND THEREBY FUND GRANTS TO PUBLIC SERVICE AND SIMILAR ORGANIZATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Pine Managing Trustee | 2 | $0 | |
Debra J Pine Trustee | 0.5 | $0 | |
Kylie J Pine Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,024 |
| Interest on Savings | $4,813 |
| Dividends & Interest | $2,411 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,398 |
| Capital Gain Net Income | $16,398 |
| Net ST Capital Gain | $534 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $89 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,664 |
| Total operating and administrative expenses | $8,923 |
| Contributions, gifts, grants paid | $15,718 |
| Total expenses and disbursements | $24,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,589 |
| Savings and temporary cash investments | $27,679 |
| Net Accounts receivable | $109 |
| 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 | $862,414 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $891,791 |
| Accounts payable and accrued expenses | $105 |
| 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 | $469,521 |
| Total liabilities | $469,626 |
Grants Awarded
Over the last fiscal year, Evergreen Charitable Trust has awarded $15,889 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: EVERGREEN PLAN PREMIUMS | $7,905 |
Salem, OR PURPOSE: UNRESTRICTED | $2,732 |
Corvallis, OR PURPOSE: UNRESTRICED | $1,855 |
Salem, OR PURPOSE: ECOEARTH GLOBE RESTORATION | $1,000 |
YMCA OF SALEM PURPOSE: BUILDING FUND | $1,000 |
Salem, OR PURPOSE: SUMMER CELEBRATION SPONSOR | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |
Marks Family Foundation Redwood City, CA | $49,983,289 | $16,693,138 |
Herbalife Nutrtion Foundation Los Angeles, CA | $22,239,401 | $8,092,128 |
Kla-Tencor Foundation Milpitas, CA | $26,702,881 | $5,233,772 |
Walter J & Betty C Zable Foundation San Diego, CA | $89,922,595 | $8,940,204 |
In-N-Out Burgers Foundation Irvine, CA | $42,997,314 | $8,211,700 |
Smidt Fam Foundation Newbury Park, CA | $69,750,078 | $4,896,207 |
The Caesars Foundation Las Vegas, NV | $826,760 | $3,036,101 |
Harman Family Foundation Los Angeles, CA | $38,396,572 | $3,606,150 |
Mount Baker Foundation Bellingham, WA | $42,225,548 | $9,346,004 |
Kabcenell Family Foundation Portola Valley, CA | $22,759,228 | $4,877,522 |