Philip Marett Trust Uw 043785
- Assets
- $1.8m
- Revenue
- $66.7k
- Investments
- $1.8m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 06-6020977
Organization Overview
Philip Marett Trust Uw 043785 is located in Dallas, TX. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2023, Philip Marett Trust Uw 043785 generated $66.7k 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 (5.1%) each year. All expenses for the organization totaled $132.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Bank Of America Co-Trustee | 1 | $22,560 | |
Migdalia Castro Co-Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,986 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,689 |
| Capital Gain Net Income | $3,689 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,675 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,560 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,284 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $964 |
| Total operating and administrative expenses | $33,830 |
| Contributions, gifts, grants paid | $98,688 |
| Total expenses and disbursements | $132,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $77,264 |
| 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 | $1,834,410 |
| 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, Philip Marett Trust Uw 043785 has awarded $98,688 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF NEW HAVEN PURPOSE: SUPPLY FUNDS TO AGENCIES TO | $16,768 |
UNITED WAY OF GREATER NEW HAVEN INC PURPOSE: UNRESTRICTED GENERAL | $6,000 |
LIFEBRIDGE COMMUNITY SERVICES INC PURPOSE: UNRESTRICTED GENERAL | $27,400 |
MARY WADE HOME PURPOSE: UNRESTRICTED GENERAL | $29,770 |
LIVING WORD MINISTRIES INC PURPOSE: UNRESTRICTED GENERAL | $12,850 |
PHENOMENAL I AM INC PURPOSE: UNRESTRICTED GENERAL | $5,000 |