Margen R Penick Charitable Tr Uw
- Assets
- $184.9k
- Revenue
- $22.9k
- Investments
- $183.7k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 22-6796523
Organization Overview
Margen R Penick Charitable Tr Uw is located in Washington, DC. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margen R Penick Charitable Tr Uw is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Margen R Penick Charitable Tr Uw generated $22.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $26.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Margen R Penick Charitable Tr Uw has awarded 53 individual grants totaling $136,700. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Garry Trustee | 0 | $0 | |
Barksdale Penick Trustee | 0 | $0 | |
Elizabeth Romanaux Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,316 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,608 |
| Capital Gain Net Income | $15,608 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $462 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,722 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $26,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16 |
| Savings and temporary cash investments | $1,233 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $183,700 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $184,949 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Margen R Penick Charitable Tr Uw has awarded $19,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MORVEN MUSEUM PURPOSE: GENERAL OPERATIONS | $3,000 |
PRINCETON EINSTEIN MUSEUM PURPOSE: GENERAL OPERATIONS | $4,000 |
TRINITY CHURCH PURPOSE: GENERAL OPERATIONS | $3,000 |
NATIONAL CATHEDRAL SCHOOL PURPOSE: GENERAL OPERATIONS | $6,000 |
TRINITY COUNSELING SERVICE PURPOSE: GENERAL OPERATIONS | $500 |
WELLESLEY COLLEGE PURPOSE: GENERAL OPERATIONS | $1,000 |