John P And Ann Marie Martin Charitable Tr
- Assets
- $1.1m
- Revenue
- $4.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Newark, DE
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 01-6254492
Organization Overview
John P And Ann Marie Martin Charitable Tr is located in Newark, DE. The organization was established in 2007. 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. John P And Ann Marie Martin Charitable Tr 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, John P And Ann Marie Martin Charitable Tr generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $537.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John P And Ann Marie Martin Charitable Tr has awarded 13 individual grants totaling $688,018. 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 |
|---|---|---|---|
Thomas J Posatko Trustee | 2 | $0 | |
Philip J Fogli Trustee | 0.5 | $0 | |
Reverend John J Bendik Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,011 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$41,759 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,003 |
| Total Revenue | $4,255 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $413 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,557 |
| Contributions, gifts, grants paid | $505,000 |
| Total expenses and disbursements | $537,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,155 |
| Savings and temporary cash investments | $0 |
| 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 | $1,083,611 |
| 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, John P And Ann Marie Martin Charitable Tr has awarded $505,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ST THOMAS MORE CHURCH PURPOSE: FBO RECIPIENT | $100,000 |
COMMONWEALTH FOUNDATION PURPOSE: FBO RECIPIENT | $5,000 |
ST MEINRAD ARCHABBEY PURPOSE: FBO RECIPIENT | $250,000 |
CARDINAL NEWMAN SOCIETY PURPOSE: FBO RECIPIENT | $50,000 |
CHRISTENDOM COLLEGE PURPOSE: FBO RECIPIENT | $100,000 |