Public Charity

DANIEL J PRESTON CHARITABLE TRUST DTD 020554

DANIEL J PRESTON CHARITABLE TRUST DTD 020554, of CENTERVILLE, DE, is a Public Charity tracked in Imperigo's IRS 990 database. The 2023 filing shows $138K in revenue, $255K in expenses, $5.8M in total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $1.4M.

EIN: 516149923 CENTERVILLE, DE Latest filing: 2023
Total Revenue$138K
Total Expenses$255K
Total Assets$5.8M
Grants Given6
Grant Total$1.4M
Filing Years2018–2023

Mission

PROVIDE MONTHLY INCOME TO SUPPORT THE PROGRAMS AND MISSION OF THE DELAWARE ACADEMY OF MEDICINE, INC., INCLUDING FUNDING FOR THE MEDICAL STUDENT LOAN PROGRAM.

Where $100 goes at Daniel J Preston Charitable Trust Dtd 020554

How Daniel J Preston Charitable Trust Dtd 020554 divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$47
Provide monthly income to support the program and mission of the delaware academy of medicine, inc
50% of program spending
$47
Provide loans to medical studetns through the delaware academy of medicine, inc
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

NEWARK, DE · 2023
PROGRAMS AND STUDENT LOANS
$243,430
Newark, DE · 2022
Programs and student loans
$282,812
Newark, DE · 2020
Programs and student loans
$242,492
Newark, DE · 2019
Programs and student loans
$209,808
Newark, DE · 2018
Programs and student loans
$235,915

Showing up to 5 of 6 total records — full history available with membership.

Top Grant Purposes

Education
$1,424,352 6 grants

Financial Trends

Year Revenue Expenses Assets
2023 $138K $255K $5.8M
2022 $183K $300K $5.5M
2020 $42K $252K $5.8M
2019 $442K $224K $5.4M
2018 $443K $252K $4.7M

Between 2018 and 2023, reported annual revenue declined from $443K to $138K (-69%), with total assets most recently reported at $5.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DE.

DE

Full geographic grant map with state-by-state breakdown available with membership.

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