NonprofitsWestern Reserve Association No 3 Trust

Religion-Related

Western Reserve Association No 3 Trust

BROOKLYN, OH

Total revenue

$97K

Total expenses

$102K

Net assets

$2.0M

Grants received

EIN

237138910

Tax year

2024

Mission

Grants are made according to the Trust Agreement dated June 14, 1923. Keybank, as trustee, distributes to the Western Reserve Association to further the purpose of the religious work of the Ohio Conference of the United Church of Christ and to strengthen the work of the local churches. Under the Ohio Institutional Trust Funds Act of 1999, Western Reserve Association 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 the beneficiary organization has a right to remove the Trustee, authority to direct or approve investments, and the Trustee has the authority to amend the document to insure the continuation to qualify as a 509(a)3.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$97K
Other revenue
Total revenue$97K

Expenses

Grants paid$93K
Salaries & benefits$8K
Fundraising
Other expenses$980
Total expenses$102K
Total assets$2.0M
Net assets$2.0M

People

1 listed

NameRoleCompensation

KeyBank N A

Trustee

Board

$8K

1 hrs/wk

Details

EIN237138910
NTEE codeX110
Subsection03
Ruling date1972-07
Formed1923
Employees0
WESTERN RESERVE ASSOCIATION NO 3 TRUST — Mission, Financials & Grants Received | Grantivo