Fred B And Helen F Monar Charitable Trust
- Assets
- $1.3m
- Revenue
- $201.3k
- Investments
- $1.2m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 09/1994
- Data as of
- 06/2024
- EIN
- 59-7021058
Organization Overview
Fred B And Helen F Monar Charitable Trust is located in Orlando, FL. The organization was established in 1994. 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. Fred B And Helen F Monar 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 06/2024, Fred B And Helen F Monar Charitable Trust generated $201.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.3% each year . All expenses for the organization totaled $148.4k during the year ending 06/2024. While expenses have increased by 12.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fred B And Helen F Monar Charitable Trust has awarded 26 individual grants totaling $261,700. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Truist Bank Co-Trustee | 1 | $11,815 | |
M B Dianna O'kelley Co-Trustee | 1 | $5,507 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,668 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $177,587 |
| Capital Gain Net Income | $177,587 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $201,255 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,322 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,369 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,191 |
| Contributions, gifts, grants paid | $125,200 |
| Total expenses and disbursements | $148,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168 |
| Savings and temporary cash investments | $29,592 |
| 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 | $1,122,447 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,257,714 |
| 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, Fred B And Helen F Monar Charitable Trust has awarded $125,200 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF CENTRAL PURPOSE: GENERAL OPERATING | $22,100 |
LIBERTY COUNSEL INC PURPOSE: GENERAL OPERATING | $17,100 |
CHRISTIAN CARE CENTER PURPOSE: GENERAL OPERATING | $26,000 |
HOUSE OF HOPE ORLANDO PURPOSE: GENERAL OPERATING | $10,000 |
FORWARD PATHS FOUNDATION INC PURPOSE: GENERAL OPERATING | $24,000 |
CHRISTIAN HOME AND BIBLE SCHOOL PURPOSE: GENERAL OPERATING | $18,000 |