Eugene Martin Charitable Trust
- Assets
- $1.8m
- Revenue
- $40.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Granbury, TX
- Founding
- Data as of
- 09/2023
- EIN
- 83-2029616
Organization Overview
Eugene Martin Charitable Trust is located in Granbury, TX. 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 Martin 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 09/2023, Eugene Martin Charitable Trust generated $40.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $252.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Eugene Martin Charitable Trust has awarded 29 individual grants totaling $229,790. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EUGENE MARTIN CHARITABLE TRUST FUNDED, IN PART, THE SALARY OF A DEVELOPMENT OFFICER AND CREATION OF FUNDRAISING DEPARTMENT FOR EDUCATION FOR SHARING, INC., A 501(C)(3) ORGANIZATION. YEAR 2 OF A 2-YEAR PROJECT.
EUGENE MARTIN CHARITABLE TRUST IS RESEARCHING/WRITING A BOOK FOR FUTURE PUBLICATION ABOUT THE ANTHROPOGENIC POLYCRISIS AND ITS IMPACTS ON PEOPLE AND PLANET.
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 |
|---|---|---|---|
Brendon Morell Trustee | 12 | $0 | |
Jennifer Morell Foundation Manager | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,378 |
| Dividends & Interest | $26,865 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $101,082 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $7,592 |
| Interest | $22 |
| Taxes | $7,754 |
| Depreciation | $0 |
| Occupancy | $2,452 |
| Travel, conferences, and meetings | $203 |
| Printing and publications | $0 |
| Other expenses | $25,677 |
| Total operating and administrative expenses | $152,661 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $252,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,805,428 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,805,428 |
| 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, Eugene Martin Charitable Trust has awarded $109,498 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
PARTNERSHIP WITH NATIVE AMERICANS PURPOSE: SUPPORT OF SERVICES FOR TRIBAL COMMUNITIES. | $15,000 |
ANGEL FIRE FIRE DEPARTMENT PURPOSE: SUPPORT FOR PURCHASE OF THERMAL CAMERA DRONE IN SUPPORT OF SEARCH & RESCUE AND FIRE DETECTION. | $14,498 |
MISSISSIPPI FOOD NETWORK INC PURPOSE: HUNGER RELIEF. | $5,000 |
THE FOOD BANK OF CENTRAL LOUISIANA INC PURPOSE: HUNGER RELIEF. | $5,000 |
FOOD BANK OF NORTHEAST ARKANSAS PURPOSE: HUNGER RELIEF. | $5,000 |
SOUTH TEXAS FOOD BANK PURPOSE: HUNGER RELIEF. | $5,000 |