Marjorie R Lindsey Charitable Foundation Tr
- Assets
- $43.8m
- Revenue
- $3.0m
- Investments
- $40.0m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 26-6906657
Organization Overview
Marjorie R Lindsey Charitable Foundation Tr is located in Pennington, NJ. The organization was established in 2012. 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. Marjorie R Lindsey Charitable Foundation 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 12/2022, Marjorie R Lindsey Charitable Foundation Tr generated $3.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 4 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.
Since 2020, Marjorie R Lindsey Charitable Foundation Tr has awarded 51 individual grants totaling $7,684,559. 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 |
|---|---|---|---|
Bank Of America N A Trustee | 2 | $287,586 | |
Shawn Kelly Advisor | 2 | $1,200 | |
Stephen Boyle Advisor | 2 | $1,200 | |
Grover Waldon Advisor | 2 | $1,200 | |
Jeff Chandler Advisor | 2 | $1,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,125,078 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,896,295 |
| Capital Gain Net Income | $1,896,295 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,021,373 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $292,386 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,296 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $755 |
| Total operating and administrative expenses | $338,437 |
| Contributions, gifts, grants paid | $2,725,359 |
| Total expenses and disbursements | $3,063,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,083 |
| Savings and temporary cash investments | $3,818,143 |
| 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 | $12,264,358 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $43,841,050 |
| 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, Marjorie R Lindsey Charitable Foundation Tr has awarded $2,725,359 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
PURE HOPE COALITION PURPOSE: GENERAL OPERATING | $110,000 |
FRIENDS OF CALVIN CREST PURPOSE: GENERAL OPERATING | $110,000 |
TURNING POINT FOR GOD PURPOSE: GENERAL OPERATING | $110,000 |
INDEPENDENCE THROUGH GRACE FOUNDATION PURPOSE: GENERAL OPERATING | $110,000 |
INTERVARSITY CHRISTIAN FELLOWSHIP USA PURPOSE: GENERAL OPERATING | $15,840 |
HAGGAI INTERNATIONAL INSTITUTE FOR ADVAN PURPOSE: GENERAL OPERATING | $550,000 |