named programs · 1 · from sources
What they call their work
General Exempt Purpose Grants
Distributes unrestricted grants to qualified charitable organizations operating in the human services sector, with a focus on national nonprofits
activities · 2 groups
What they do
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General Operating Support Grants 1 activity
- Funding CARE Inc for general exempt purposesProvides multi-year grants to CARE Inc to support general exempt purposes, with annual grant amounts ranging from $5.9 million to $6.6 million as reported in IRS Form 990 filings.
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General Support Grants to The Salvation Army 1 activity
- Funding The Salvation Army for general exempt purposesProvides multi-year grants to The Salvation Army to support general exempt purposes, with annual grant amounts ranging from $2.9 million to $3.3 million as reported in IRS Form 990 filings.
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financials · form 990PF · fy2024
revenue
Total revenue$12.64M
Contributions & grants——
Program service revenue——
Investment income$3.17M25%
Other revenue$9.46M
expenses
Total expenses$2.22M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$275K
Grants paid out$9.53M
balance sheet
Total assets$143.58M
Cash—
Investments—
Liabilities—
Net assets$143.58M
4 years on record · 2020–2024 · YoY revenue +155.1%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 3
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| BESSEMER TRUST COMPANY NA | CO-TRUSTEE | 10 | $184K |
| ALSTON P WATT | CO-TRUSTEE | 2 | $46K |
| ASHLYN E WILLIAMS | CO-TRUSTEE | 2 | $46K |
relationships · 2
Who they work with
- CARE INC Partner — Receives grants from the trust for general exempt purposes.
- SALVATION ARMY Partner — Receives grants from the trust for general exempt purposes.