GIFT CLEARING TRUST

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Phone

3177573453

Tax Period

2022-10-01 to 2023-09-30

GIFT CLEARING TRUST, founded in 2016, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $14.7M in total revenue in fiscal year 2022. Revenue fell 106% from the prior year — a significant decline worth monitoring.

Mission

THE TRUST ACCEPTS AND LIQUIDATES CONTRIBUTIONS OF COMPLEX ASSETS ON BEHALF OF MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC. TO SUPPORT THE FOSTERING AND PROMOTION OF PHILANTHROPY ACROSS THE GLOBE.

Program Service Accomplishments

Program 1

Expenses: $49,915,138 Revenue: $0

GIFT CLEARING TRUST ACCEPTED AND LIQUIDATED CONTRIBUTIONS OF COMPLEX ASSETS ON BEHALF OF MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC. TO SUPPORT THE FOSTERING AND PROMOTION OF PHILANTHROPY ACROSS THE GLOBE. GIFT CLEARING TRUST OPERATES FOR THE SOLE AND EXCLUSIVE BENEFIT OF AND TO PERFORM THE FUNCTION OF MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC., AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $30,268,061

Program Service Revenue $0

Investment Income $-44,987,915

Other Revenue $0

TOTAL REVENUE $-14,719,854

Expense Breakdown

Grants Paid $49,915,138

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,915,138

Other Expenses $0

TOTAL EXPENSES $49,915,138

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-14,719,854	$255,749,182	-1.1%
Expenses	$49,915,138	$86,045,976	-0.4%
Net Income	$-64,634,992	$169,703,206	-1.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	2.0		$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$-14,719,854	$49,915,138	$138,504,712	$-64,634,992
2022	$255,749,182	$86,045,976	$210,994,704	$169,703,206
2021	$91,256,862	$54,744,965	$47,036,280	$36,511,897
2020	$23,487,926	$13,868,270	$10,524,383	$9,619,656
2019	$14,534,102	$14,030,242	$904,727	$503,860
2018	$63,615,998	$73,230,217	$337,944	$-9,614,219