Melvin J And Harriet H Naser Charitable Trust

Organization Overview

Melvin J And Harriet H Naser Charitable Trust is located in Lake Mary, FL. The organization was established in 2012. 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. Melvin J And Harriet H Naser 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 12/2021, Melvin J And Harriet H Naser Charitable Trust generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 63.3% each year . All expenses for the organization totaled $499.8k during the year ending 12/2021. While expenses have increased by 10.5% 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, Melvin J And Harriet H Naser Charitable Trust has awarded 28 individual grants totaling $540,250. 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)Compensation
J Stephen Pullum
Trustee
$70,000
Thomas M Vanness Jr
Trustee
$70,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,953,924
Interest on Savings $19,276
Dividends & Interest $94,309
Net Rental Income$0
Net Gain on Sale of Assets -$20,808
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $194,442
Total Revenue $2,241,143

Grants Awarded

Over the last fiscal year, Melvin J And Harriet H Naser Charitable Trust has awarded $301,250 in support to 15 organizations.

Grant RecipientAmount

GROVE CITY COLLEGE

Org PageRecipient Profile

Grove City, PA

PURPOSE: SCHOLARSHIPS FOR STUDENTS ENROLLED AT THE COLLEGE

$126,250

GULF TO LAKE BAPTIST CHURCH

Org PageRecipient Profile

Crystal River, FL

PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE

$25,000

HERITAGE FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE

$25,000

Orlando, FL

PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE

$15,000

Washington, DC

PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE

$15,000

SAMARITAN'S PURSE

Org PageRecipient Profile

Boone, NC

PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE

$15,000
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