Christ Episcopal Church Trust

Organization Overview

Christ Episcopal Church Trust is located in New Bern, NC. The organization was established in 1975. 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. Christ Episcopal Church 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, Christ Episcopal Church Trust generated $218.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $90.0k during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 7 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 2015, Christ Episcopal Church Trust has awarded 87 individual grants totaling $447,900. 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

FOR THE BENEFIT, DEVELOPMENT, EXPANSION AND MAINTENANCE OF THE WORK OF THE CHURCH AND FOR MISSIONS, PROJECTS AND/OR CHARITIES SPONSORED BY, CONNECTED WITH, OR SELECTED BY THE CHURCH AND WHICH THE BOARD OF TRUSTEES SHALL APROVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SOLE ACTIVITY OF THE TRUST IS THE COLLECTION AND INVESTMENT OF FUNDS AND EARNINGS, AND THE DISTRIBUTION OF EARNINGS FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Kirby H Smith III
Chairman
$0
Kathleen Rice
Secretary
$0
Rev Paul Canady
Trustee
$0
Lee Knott
Trustee
$0
Margaret Shields
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,500
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,000
Total Program Service Revenue$0
Investment income $54,792
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $161,027
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $218,819

Grants Awarded

Over the last fiscal year, Christ Episcopal Church Trust has awarded $40,700 in support to 4 organizations.

Grant RecipientAmount

New Bern, NC

PURPOSE: PHARMACY PROGRAM

$11,000

RCS

PURPOSE: SCHOLARSHIP PROGRAM

$11,000

ST CYPRIAN'S EPISCOPAL CHURCH

PURPOSE: BUILDING RESTORATION

$10,000

TRINITY CENTER

PURPOSE: GOLF CARTS

$8,700
View Grant Profile

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