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ST FRANCIS RESIDENCE TRUST

NEW YORK, NY · EIN 465201433 · Form 990 · FY2024 · NTEE T12 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$794K
expenses
$1.1M
net assets
$24.8M
employees
0
volunteers
3
program ratio
82%
mission · from form 990

PRESERVE INVESTMENT ASSETS OF ST FRANCIS FRIENDS OF THE POOR, INC.

profile · synthesized from sources

St Francis Residence Trust is a New York-based grantmaking organization established to preserve the investment assets of St Francis Friends of the Poor, Inc. The organization focuses on long-term financial stewardship rather than direct service provision. Its activities are centered on asset management and grantmaking support for affiliated charitable efforts.

named programs · 1 · from sources

What they call their work

Asset Preservation Program
Manages and preserves investment assets for St Francis Friends of the Poor, Inc. to ensure long-term financial sustainability and support future charitable activities
activities · 1 group

What they do

  • Endowment and Gift Fund Management 1 activity
    • Preserving investment assets for St Francis Friends of the Poor, Inc.
      Manages and preserves investment assets on behalf of St Francis Friends of the Poor, Inc., ensuring long-term financial stability for its charitable purposes.
financials · form 990 · fy2024
revenue
Total revenue$794K
Contributions & grants$00%
Program service revenue$00%
Investment income$794K100%
Other revenue$0
expenses
Total expenses$1.10M
Program expenses82%
Admin / overhead18%
Fundraising0%
Salaries & benefits$0
Grants paid out$900K
Largest expense lineProfessional Fees
balance sheet
Total assets$24.82M
Cash$753K
Investments$24.06M
Liabilities$0
Net assets$24.82M
Liquid reserves270.1 mo
4 years on record · 2020–2024 · YoY revenue +554.2%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • ELLEN BAXTER — TRUSTEE
  • FR KEVIN MULLEN — TRUSTEE
  • GEORGE NASHAK — TRUSTEE
relationships · 1

Who they work with

  • St Francis Friends of the Poor, Inc. Partner — Organization whose investment assets are preserved