Stuart And Martha Bindeman Charitable Trust
- Assets
- $685.2k
- Revenue
- $286.0k
- Investments
- $647.1k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 52-7044169
Organization Overview
Stuart And Martha Bindeman Charitable Trust is located in Bethesda, MD. The organization was established in 2000. 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. Stuart And Martha Bindeman 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, Stuart And Martha Bindeman Charitable Trust generated $286.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $51.0k during the year ending 12/2021. While expenses have increased by 7.3% 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 2016, Stuart And Martha Bindeman Charitable Trust has awarded 31 individual grants totaling $199,364. 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 |
|---|---|---|---|
Stuart L Bindeman Trustee | 1 | $0 | |
Jennifer L Bindeman Trustee | 1 | $0 | |
Julie Belgard Trustee | 1 | $0 | |
Harold Zirkin Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,175 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $252,865 |
| Capital Gain Net Income | $252,865 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $286,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,161 |
| Contributions, gifts, grants paid | $40,821 |
| Total expenses and disbursements | $50,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,149 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $685,231 |
| 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, Stuart And Martha Bindeman Charitable Trust has awarded $40,821 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
WASHINGTON HEBREW CONGREGATION PURPOSE: GENERAL OPERATING SUPPORT | $8,821 |
Washington, DC PURPOSE: AMERICAN UNIVERSITY HILLEL | $2,500 |
Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
MAYO CLINIC FOUNDATION PURPOSE: GENERL OPERATING SUPPORT | $1,000 |
INTERCAMBIO UNITING COMMUNITIES PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nora Roberts Foundation Inc Glenn Dale, MD | $90,657,767 | $17,263,079 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Vf Foundation Wilmington, DE | $28,556,217 | $960,441 |
Ruth Lilly Philanthropic Foundation Wilmington, DE | $89,481,864 | $12,222,478 |
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Highmark Foundation Pittsburgh, PA | $137,140,319 | $19,548,694 |
The Aileen K And Brian L Roberts Foundation Philadelphia, PA | $14,520,286 | $7,913,944 |
The Giorgi Family Foundation Temple, PA | $80,817,580 | $6,973,404 |