Totals
- Total revenue
- $236,415,879
- Total expenses
- $203,557,691
- Contributions and grants received
- $214,583,283
- Grants paid
- $191,476,741
- Program service revenue
- $0
- Investment income
- $21,832,596
- Other revenue
- $0
- Total assets, end of year
- $1,258,791,921
- Total liabilities, end of year
- $213,905,358
- Net assets or fund balances, end of year
- $1,044,886,563
- Program services expenses (Part IX)
- $191,476,741
- Management and general expenses
- $6,171,506
- Fundraising expenses
- $5,909,444
- Program service expenses (Part III)
- $191,476,741
Program services were 94.1% 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.
-
1f · All other contributions, gifts and grants
$214,583,283
-
1g · Noncash contributions included above
$119,351,783
-
3 · Investment income
total $16,949,043 · excluded $16,949,043
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $250,035,772
-
7b · Less cost or other basis and sales expenses
securities $245,152,219
-
7c · Gain or loss
securities $4,883,553
-
7d · Net gain or loss
total $4,883,553 · excluded $4,883,553
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $191,476,741 · program services $191,476,741
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $252,916 · management and general $252,916
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,677,655 · management and general $3,677,655
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $5,909,444 · fundraising $5,909,444
-
11f · Fees: investment management
total $1,791,224 · management and general $1,791,224
-
11g · Fees: other
total $131,738 · management and general $131,738
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Miscellaneous expenses
total $317,973 · management and general $317,973
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $39,147,282 · end of year $29,796,618
-
2 · Savings and temporary cash investments
beginning of year $1,369,516 · end of year $1,178,227
-
3 · Pledges and grants receivable
beginning of year $10,282,020 · end of year $9,484,200
-
4 · Accounts receivable
beginning of year $18,614,852 · end of year $14,852,562
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $19,081,517 · end of year $10,452,122
-
12 · Investments: other securities
beginning of year $1,238,229,866 · end of year $1,188,678,130
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $2,589,135 · end of year $4,350,062
-
17 · Accounts payable and accrued expenses
beginning of year $12,315,796 · end of year $17,079,363
-
18 · Grants payable
beginning of year $1,138,152 · end of year $1,793,843
-
19 · Deferred revenue
beginning of year $119,774,080 · end of year $191,307,359
-
25 · Other liabilities
beginning of year $2,102,228 · end of year $3,724,793
-
27 · Net assets without donor restrictions
beginning of year $1,025,123,340 · end of year $909,687,770
-
28 · Net assets with donor restrictions
beginning of year $168,860,592 · end of year $135,198,793
Mission and programs · 2022
Mission
The mission of The U.S. Charitable Gift Trust (the "Trust") is to increase charitable giving through a cost-effective and tax-advantaged investment program that helps donors achieve their philanthropic goals. Eaton Vance Management manages the Trust under the supervision of the Trust's Board of Directors and, along with Eaton Vance Trust Company ("EVTC") and Calvert Research and Management as well as CI Eaton Private Wealth, provides investment advisory services to the Trust. On an ongoing basis, EVTC, as the Trust's trustee, hires and oversees certain service providers to the Trust.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $191,476,741 · Grants $191,476,741
As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Jeffrey P Beale
Lead Director
- Total calculated
- $60,000
- From this org
- $60,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
John Griffin
Director
- Total calculated
- $48,333
- From this org
- $48,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Michelle A Shell
Director
- Total calculated
- $45,000
- From this org
- $45,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.5
-
Katharine B Leness
Director
- Total calculated
- $43,333
- From this org
- $43,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.5
-
Kathleen L Ames
Director
- Total calculated
- $37,500
- From this org
- $37,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.5
-
E Michael Brown 11 to 54
Lead Director
- Total calculated
- $18,750
- From this org
- $18,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Lawrence L Fahey
President/Direc
- Total calculated
- $0
- Hours/week
- 5
-
James Kirchner
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Michael P Shattuck
Asst Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Stephanie Rosander
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Desmond Gallacher
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Rousseau 11 to 126
Asst Secretary
- Total calculated
- $0
- Hours/week
- 1
-
A John Murphy
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Meghan Moses
Vice President
- Total calculated
- $0
- Hours/week
- 4
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
-
See attached Grant Report
$172,483,014
Varies by DAF; detail avail on requ
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Pooled Income Funds 34 total
T · Pooled Income Fund · MA
-
USCGT - Income
T · Pooled income fund · MA · share of income $3,932
-
USCGT - High Yield
T · Pooled income fund · MA · share of income $9,261
-
USCGT - Growth & Income
T · Pooled income fund · MA · share of income $558
-
USCGT - Income II
T · Pooled income fund · MA · share of income $5,210
-
USCGT - High Yield II
T · Pooled income fund · MA · share of income $5,646
-
USCGT - Growth & Income II
T · Pooled income fund · MA · share of income $1,236
-
USCGT - High Yield Fund IV
T · Pooled income fund · MA · share of income $3,324
-
USCGT - Growth & Income Traditional V
T · Pooled income fund · MA · share of income $483
-
USCGT - Income III
T · Pooled income fund · MA
-
USCGT - Current Income Traditional V
T · Pooled income fund · MA · share of income $572
-
USCGT - High Yield III
T · Pooled income fund · MA · share of income $189
-
USCGT - High Yield Traditional V
T · Pooled income fund · MA · share of income $326
-
US Legacy Income Trust II2
T · Pooled income fund · MA · share of income $1,693
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341359349318454
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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