Charles E & Shirley S Marshall Char Tr 020100
- Assets
- $848.0k
- Revenue
- $82.9k
- Investments
- $848.0k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 04/2000
- Data as of
- 06/2024
- EIN
- 25-6697119
Organization Overview
Charles E & Shirley S Marshall Char Tr 020100 is located in Bethesda, MD. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles E & Shirley S Marshall Char Tr 020100 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 06/2024, Charles E & Shirley S Marshall Char Tr 020100 generated $82.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $117.2k during the year ending 06/2024. While expenses have increased by 16.5% per year over the past 6 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AWARDED - SPELMAN COLLEGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd R Watkins Trustee | 4 | $0 | |
Samara V Watkins Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,875 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,985 |
| Capital Gain Net Income | $53,985 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $82,860 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,177 |
| Contributions, gifts, grants paid | $102,000 |
| Total expenses and disbursements | $117,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $847,988 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $847,988 |
| 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, Charles E & Shirley S Marshall Char Tr 020100 has awarded $46,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SPELMAN COLLEGE PURPOSE: BY ADMISSIONS COMMITEESCHOLARSHIPS SELECTEDOF SPELMAN COLLEGE | $46,000 |