Eugene Edge Iii Charitable Trust is located in Las Vegas, NV. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Eugene Edge Iii 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 12/2023, Eugene Edge Iii Charitable Trust generated $562.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $960.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Eugene Edge Iii Charitable Trust has awarded 225 individual grants totaling $6,397,230. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $448,668 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $114,006 |
| Capital Gain Net Income | $114,006 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $562,674 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,255 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,749 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $109 |
| Total operating and administrative expenses | $160,716 |
| Contributions, gifts, grants paid | $800,000 |
| Total expenses and disbursements | $960,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,065,732 |
| 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 | $4,664,544 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,066,292 |
| 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 |
Over the last fiscal year, Eugene Edge Iii Charitable Trust has awarded $800,000 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
BLINN COLLEGE FBO CALLIE BOLLINGER PURPOSE: SCHOLARSHIP | $5,000 |
TEXAS A&M UNIV FBO SARAH FORESTER PURPOSE: SCHOLARSHIP | $5,000 |
UNIV OF TEXAS AUSTIN FBO BRODE KESSLER PURPOSE: SCHOLARSHIP | $5,000 |
TEXAS A&M UNIV FBO JERRY MOODY PURPOSE: SCHOLARSHIP | $5,000 |
TEXAS A&M UNIV FBO PURPOSE: SCHOLARSHIP | $5,000 |
TEXAS A&M UNIV FBO JADEN SCOTT PURPOSE: SCHOLARSHIP | $5,000 |