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Nonprofiteer
← CLAY FELLOWSHIP CHARITABLE TR

Form 990 for tax year 2022

Filed by CLAY FELLOWSHIP CHARITABLE TR.

Totals

Total revenue
$770,397
Total expenses
$506,342
Contributions and grants received
$0
Grants paid
$409,993
Program service revenue
$0
Investment income
$770,792
Other revenue
-$395
Total assets, end of year
$6,019,511
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,019,511
Program services expenses (Part IX)
$409,993
Management and general expenses
$96,349
Fundraising expenses
$0
Program service expenses (Part III)
$409,993

Program services were 81.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $165,276 · excluded $165,276

  • 7a · Gross sales of assets other than inventory

    securities $1,725,681

  • 7b · Less cost or other basis and sales expenses

    securities $1,120,165

  • 7c · Gain or loss

    securities $605,516

  • 7d · Net gain or loss

    total $605,516 · excluded $605,516

  • 11a · Other revenue: OTHER INCOME

    total -$395 · related or exempt -$395

  • 11e · Other revenue, total

    -$395

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $409,993 · program services $409,993

  • 11c · Fees: accounting

    total $6,050 · management and general $6,050

  • 11f · Fees: investment management

    total $13,373 · management and general $13,373

  • 24a · Other expenses: MA UBI TAXES

    total $139 · management and general $139

  • 24b · Other expenses: OTHER EXPENSES

    total $68,067 · management and general $68,067

  • 24c · Other expenses: FOREIGN TAXES

    total $8,463 · management and general $8,463

  • 24d · Other expenses: ADR FEES

    total $187 · management and general $187

  • 24e · All other expenses

    total $70 · management and general $70

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $120,477 · end of year $76,607

  • 11 · Investments: publicly traded securities

    beginning of year $2,991,439 · end of year $2,993,899

  • 12 · Investments: other securities

    beginning of year $2,290,233 · end of year $2,949,005

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $5,402,149 · end of year $6,019,511

Mission and programs · 2022

Mission

THE SOLE ACTIVITY OF THE TRUST IS TO MAKE CONTRIBUTIONS TO THE SMITHSONIAN ASTROPHYSICAL OBSERVATORY OF THE SMITHSONIAN INSTITUTION OF WASHINGTON, D.C., A CHARITABLE ORGANIZATION THAT IS EXEMPT FROM TAX UNDER CODE SECTION 501(C)(3) AND IS A PUBLIC CHARITY. THE FUNDS CONTRIBUTED BY THE TRUST WILL SUPPORT A POST-DOCTORAL FELLOWSHIP PROGRAM IN ASTROPHYSICS.

Activities or mission (Part I)

THE SOLE ACTIVITY OF THE TRUST IS TO MAKE CONTRIBUTIONS TO THE SMITHSONIAN ASTROPHYSICAL OBSERVATORY OF THE SMITHSONIAN INSTITUTION OF WASHINGTON, DC, A 501(C)(3) PUBLIC CHARITY.

  • FELLOWSHIP DISTRIBUTION TO THE SMITHSONIAN ASTROPHYSICAL OBSERVATORY OF THE SMITHSONIAN INSTITUTE OF WASHINGTON, D.C. THE FUNDS CONTRIBUTED BY THE TRUST WILL SUPPORT A POST-DOCTORAL FELLOWSHIP PROGRAM IN ASTROPHYSICS.

    Expenses $409,993 · Grants $409,993

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Charles Alcock

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Edward A O'Neal

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thomas Clay

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lisa Kewley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
5 October 2023
IRS schema version
2022v5.0
Source object
202302799349301005

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