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Nonprofiteer
← MARY KATE SHANNON BENEVOLENT TR

Form 990 for tax year 2022

Filed by MARY KATE SHANNON BENEVOLENT TR.

Totals

Total revenue
$214,047
Total expenses
$221,959
Contributions and grants received
$0
Grants paid
$148,521
Program service revenue
$0
Investment income
$214,047
Other revenue
$0
Total assets, end of year
$7,602,314
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$7,602,314
Program services expenses (Part IX)
$148,521
Management and general expenses
$73,438
Fundraising expenses
$0
Program service expenses (Part III)
$148,521

Program services were 66.9% 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 $244,957 · unrelated business $244,957

  • 7a · Gross sales of assets other than inventory

    securities $1,697,166

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

    securities $1,728,076

  • 7c · Gain or loss

    securities -$30,910

  • 7d · Net gain or loss

    total -$30,910 · related or exempt -$30,910

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $148,521 · program services $148,521

  • 5 · Compensation of officers, directors and key employees

    total $67,085 · management and general $67,085

  • 11c · Fees: accounting

    total $1,665 · management and general $1,665

  • 24a · Other expenses: Filing fees

    total $4,332 · management and general $4,332

  • 24b · Other expenses: Foreign tax withheld

    total $356 · management and general $356

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $192,510 · end of year $160,587

  • 11 · Investments: publicly traded securities

    beginning of year $1,293,381 · end of year $1,332,926

  • 12 · Investments: other securities

    beginning of year $6,124,335 · end of year $6,108,801

  • 29 · Capital stock, trust principal or current funds

    beginning of year $6,325,840 · end of year $6,325,840

  • 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 $1,284,386 · end of year $1,276,474

Mission and programs · 2022

Mission

To provide funds for various charitable organizations.

Activities or mission (Part I)

To provide funding for various charitable organizations.

  • Distributions to Charities

    Expenses $148,521 · Grants $148,521

As filed on the 2022 return.

Listed in Part VII

  • National Bank Trust Department

    Trustee

    Total calculated
    $67,085
    From this org
    $0
    From related orgs
    $0
    Other
    $67,085
    Hours/week
    2

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202321359349314907

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