Elwood And Rosadell Martin Charitable Tr Ua Dtd 6-12-01

Organization Overview

Elwood And Rosadell Martin Charitable Tr Ua Dtd 6-12-01 is located in Wilmington, NC. The organization was established in 2008. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elwood And Rosadell Martin Charitable Tr Ua Dtd 6-12-01 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 12/2021, Elwood And Rosadell Martin Charitable Tr Ua Dtd 6-12-01 generated $24.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $105.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Elwood And Rosadell Martin Charitable Tr Ua Dtd 6-12-01 has awarded 35 individual grants totaling $500,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE ORGANIZATION IS EXCLUSIVELY CHARITABLE AND RELIGIOUS AND IS ACCOMPLISHED BY DIRECT SUPPORT OF DESIGNATED CHARITIES AND RELIGIOUS ORGANIZATIONS ONLY. BY SUPPORTING THE CHARITIES IT WILL ALLOW THE ORGANIZATION TO ENGAGE OR ASSIST IN DIRECT SUPPORT OF DESIGNATED CHARITIES AND RELIGIOUS ORGANIZATIONS ONLY. BY SUPPORTING THE CHARITIES IT WILL ALLOW THE ORGANIZATION TO ENGAGE OR ASSIST IN MISSIONARY WORK AND PROVIDE FINANCIAL SUPPORT AND OTHER ASSISTANCE TO NEEDY AND UNDERPRIVILEGED PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED FINANCIAL SUPPORT TO FIVE CHARITABLE ORGANIZATIONS WHICH ALLOWED THESE CHARITIES TO PARTICIPATE IN MISSIONARY WORK AND PROVIDE FINANCIAL SUPPORT AND OTHER ASSISTANCE TO NEEDY AND UNDERPRIVILEGED INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
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 $24,454
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,786
Net Gain/Loss on Asset Sales -$2,739
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $24,501

Grants Awarded

Over the last fiscal year, Elwood And Rosadell Martin Charitable Tr Ua Dtd 6-12-01 has awarded $100,000 in support to 5 organizations.

Grant RecipientAmount

DELCO SEVENTH DAY ADVENTIST CHURCH

Org PageRecipient Profile

Silver Spring, MD

PURPOSE: ASSIST NEEDY AND UNDERPRIVILEGED INDIVIDUALS

$20,000

WHITEVILLE SEVENTH DAY ADVENTIST CHURCH

PURPOSE: ASSIST NEEDY AND UNDERPRIVILEGED INDIVIDUALS

$20,000

LEE'S CHAPEL AME ZION CHURCH

PURPOSE: ASSIST NEEDY AND UNDERPRIVILEGED INDIVIDUALS

$20,000

LAKE WACCAMAW UNITED METHODIST CHURCH

PURPOSE: ASSIST NEEDY AND UNDERPRIVILEGED INDIVIDUALS

$20,000

METHODIST HOME FOR CHILDREN

Org PageRecipient Profile

Raleigh, NC

PURPOSE: ASSIST NEEDY AND UNDERPRIVILEGED INDIVIDUALS

$20,000
View Grant Profile

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