The Martha Torok Charitable Trust

Organization Overview

The Martha Torok Charitable Trust is located in Allentown, PA. The organization was established in 2016. 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. Martha Torok 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 06/2023, Martha Torok Charitable Trust generated $80.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $11.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

INVESTMENT OF TRUST ASSETS FOR THE BENEFIT OF ITS SOLE BENEFICIARY, THE CORPORATION OF THE PRESIDENT OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS, FOR THE BENEFIT OF NAMED AND LATER FORMED LOCAL CONGREGATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUSTS ACTIVITIES ARE LIMITED TO THE INVESTMENT OF TRUST ASSETS FOR THE BENEFIT OF ITS SOLE BENEFICIARY, THE CORPORATION OF THE PRESIDENT OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS, FOR THE BENEFIT OF TWO NAMED LOCAL WARDS OR LATER FORMED WARDS AND THEIR CONGREGATIONS. GRANTS ARE THEN MADE BY THE CHURCH AND WARDS FOR SCHOLARSHIPS AND MISSIONS. NO DISTRIBUTIONS WERE MADE TO THE PRESIDENT OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS FOR THE LOCAL WARDS FOR THE YEAR ENDING 6/30/23.


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)Compensation
George Witmer
Co-Trustee
$0
Harry W Rinehart
Co-Trustee
$0
Douglas D Trotter
Co-Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $33,615
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $46,497
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $80,112

Grants Awarded

Over the last fiscal year, The Martha Torok Charitable Trust has awarded $0 in support to 4 organizations.

Grant RecipientAmount

THE CORPORATION OF THE

PURPOSE: To Church for

$0

PRESIDENT OF THE CHURCH

PURPOSE: benefit of local

$0

OF JESUS CHRIST OF

PURPOSE: Wards of said Church

$0

LATTER-DAY SAINTS

|

|

$0
View Grant Profile

Peer Organizations

Organization NameAssets
Air Products Foundation
Allentown, PA
$4,457,768
Bauman Family Foundation
Fairfield, NJ
$1,074,127
Diller Von Furstenberg Family Foundation
New York, NY
-$946,374
The Margaret And Daniel Loeb Foundation
New York, NY
$4,367,068
Charles Lawrence Keith & Clara Miller Foundation
Dix Hills, NY
$2,646,772
Nash Family Foundation Inc
New York, NY
$3,678,566
Clark-Winchcole Foundation
Bethesda, MD
$15,375,531
The Derfner Foundation
New York, NY
$13,106,656
Zichron Yechiel Mechel Foundation
Uniondale, NY
$3,434,067
Tortuga Foundation
New York, NY
$5,184,548
Solon E Summerfield Foundation Inc
Bethesda, MD
$5,228,175
Charles A Dana Fdn Inc
New York, NY
$20,769,847
The V Kann Rasmussen Foundation Inc
New York, NY
$4,853,565
Mayberg Foundation Inc
Chevy Chase, MD
$9,953,346
Asness Family Foundation
Melville, NY
$5,614,036
Firstenergy Foundation
Akron, OH
$5,501,776
Siemer Family Foundation
Columbus, OH
$1,893,276
Griffith R Harsh Iv And Margaret Cwhitman Charitable Foundation
new york, NY
$10,234,389
Scherman Foundation Inc
New York, NY
$1,302,378
Chris And Carrie Shumway Foundation
New York, NY
$7,719,824
Jeffrey H And Shari L Aronsonfamily Foundation
Saratoga Springs, NY
$6,113,155
Western & Southern Financial Fund Inc
Cincinnati, OH
$19,532,887
Bay And Paul Foundations Inc
Wilmington, DE
$203,040
Ppg Industries Foundation
Pittsburgh, PA
$9,855,361
Arconic Foundation
Pittsburgh, PA
$1,202,824

Create an account to unlock the data you need.

or