Franklin H Markley Tw Charitable Trust
- Assets
- $332.1k
- Revenue
- $10.8k
- Investments
- $324.0k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 12/1989
- Data as of
- 02/2024
- EIN
- 23-6814895
Organization Overview
Franklin H Markley Tw Charitable Trust is located in Las Vegas, NV. The organization was established in 1989. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Franklin H Markley Tw Charitable Trust 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 02/2024, Franklin H Markley Tw Charitable Trust generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $15.4k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,296 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $498 |
| Capital Gain Net Income | $498 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,794 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,804 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $165 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,001 |
| Contributions, gifts, grants paid | $8,369 |
| Total expenses and disbursements | $15,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,099 |
| 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 | $324,013 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $332,112 |
| 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, Franklin H Markley Tw Charitable Trust has awarded $8,369 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GIRL SCOUTS OF EASTERN PENNSYLVANIA PURPOSE: GENERAL OPERATING | $837 |
VIA OF LEHIGH VALLEY INC PURPOSE: GENERAL OPERATING | $1,255 |
BSA MINSI TRAIL COUNCIL PURPOSE: GENERAL OPERATING | $837 |
LEHIGH VALLEY HOSPITAL INC PURPOSE: GENERAL OPERATING | $837 |
PHOEBE DEVITT HOME PURPOSE: GENERAL OPERATING | $4,603 |