The Mineral Trust

Organization Overview

The Mineral Trust is located in Fort Lauderdale, FL. The organization was established in 1990. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mineral 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 12/2021, Mineral Trust generated $770.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $248.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

A MAJOR FUNCTION OF THE TRUST IS TO PROVIDE EDUCATIONAL EXHIBITS AT NO COST TO MAJOR MUSEUMS INCLUDING THE AMERICAN MUSEUM OF NATURAL HISTORY, HARVARD UNIV MINERALOGICAL


MUSEUM,SMITHSONIAN INSTITUTION, PEABODY MUSEUM AT YALE UNIV AND THE ACADEMY OF NAT SCIENCES OF DREXEL. OVER 70 MILLION PEOPLE HAVE BENEFITED FROM THESE EXHIBITS. THE TRUST IS


INVOLVED IN THE DEVELOPMENT AND CONSTRUCTION OF A MUSEUM. IT ALSO DISBURSES AMOUNTS TO PURCHASE AND PRESERVE TOP QUALITY COLLECTION OF MINERAL SPECIMENS, MINERAL BOOKS AND OTHER


RELATED ITEMS. THE TRUST IS ALSO DEVELOPING A COMPUTER SOFTWARE CATALOGUE SEARCH ENGINE DEVELOPMENT SYSTEM


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Board, Officers & Key Employees

Name (title)Compensation
Dale Telfer
Trustee
$0
David Yampol
Trustee
$0
Barry Yampol
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $769,210
Interest on Savings $0
Dividends & Interest $898
Net Rental Income$0
Net Gain on Sale of Assets $537
Capital Gain Net Income $537
Net ST Capital Gain $352
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $770,645

Grants Awarded

Over the last fiscal year, The Mineral Trust has awarded $2,000 in support to 2 organizations.

Grant RecipientAmount

MINERALOGICAL RECORD

Org PageRecipient Profile

Tucson, AZ

PURPOSE: TO ASSIST IN THE PUBLICATION OF THE MINERALOGICAL RECORD MAGAZINE WHICH IS AN AUTHORITATIVE MINERAL COLLECTOR'S JOURNAL

$1,000

NORTH SHORE LAND ALLIANCE

Org PageRecipient Profile

Oyster Bay, NY

PURPOSE: RECIPIENT IS A LAND TRUST DEDICATED IN PROTECTING OPEN SPACE IN PERPEPTUITY FOR THE ENHANCEMENT OF LIFE & BENEFIT OF FUTURE GENERATIONS

$1,000
View Grant Profile

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