Jocelyn Gibbons & Mary Scott Marks Charitable Tr 022288 is located in Encino, CA. The organization was established in 0000. 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. Jocelyn Gibbons & Mary Scott Marks Charitable Tr 022288 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 12/2022, Jocelyn Gibbons & Mary Scott Marks Charitable Tr 022288 generated $67.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 69.1% each year . All expenses for the organization totaled $24.8k during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 3 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $176 | 
| Dividends & Interest | $13,263 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $54,417 | 
| Capital Gain Net Income | $54,417 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $67,856 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,600 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $182 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $0 | 
| Total operating and administrative expenses | $10,832 | 
| Contributions, gifts, grants paid | $14,000 | 
| Total expenses and disbursements | $24,832 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $2,381 | 
| 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 | $359,814 | 
| 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, Jocelyn Gibbons & Mary Scott Marks Charitable Tr 022288 has awarded $14,000 in support to 2 organizations.
| Grant Recipient | Amount | 
|---|---|
CHILDREN'S HOME SOCIETY PURPOSE: GENERAL PHILANTHROPY  | $7,000 | 
ABILITY FIRST PURPOSE: GENERAL PHILANTHROPY  | $7,000 |