NonprofitsAmbrose Swasey 41 Fund B Trust

Ambrose Swasey 41 Fund B Trust

BROOKLYN, OH

Total revenue

$16K

Total expenses

$16K

Net assets

$233K

Grants received

EIN

346527745

Tax year

2024

Mission

In compliance with the trust agreement dated august 9, 1929, keybank as trustee, makes distributions to assist in the construction of the exeter river parkway, a public highway near exeter, new hampshire. Upon completion of the exeter river parkway, the trust funds are used for the care, maintenance, and improvement of said parkway. Under the ohio institutional trust funds act of 1999, the beneficiary has chosen to receive the maximum of income based on the greater of 5% of afv or traditional income. Keybank maintains a responsiveness to the needs and activities of the beneficiary organization in the attainment of its mission. Please note that selectmen of exeter also has a right to withdraw principal and the trustee has the authority to amend the document to ensure the continuation to qualify as a 509(a)(3).

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$10K
Other revenue
Total revenue$16K

Expenses

Grants paid$13K
Salaries & benefits$880
Fundraising
Other expenses$493
Total expenses$16K
Total assets$233K
Net assets$233K

People

1 listed

NameRoleCompensation

TRUSTEE

Board

$880

1 hrs/wk

Details

EIN346527745
Subsection03
Ruling date1946-06
AMBROSE SWASEY 41 FUND B TRUST — Mission, Financials & Grants Received | Grantivo