Cecil I Walker Machinery Co Charitable Trust
- Assets
- $4.5m
- Revenue
- $184.1k
- Investments
- $4.2m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 03/1974
- Data as of
- 05/2024
- EIN
- 55-6050733
Organization Overview
Cecil I Walker Machinery Co Charitable Trust is located in Orlando, FL. The organization was established in 1974. 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. Cecil I Walker Machinery Co 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 05/2024, Cecil I Walker Machinery Co Charitable Trust generated $184.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $418.1k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Cecil I Walker Machinery Co Charitable Trust has awarded 45 individual grants totaling $1,342,500. 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 |
|---|---|---|---|
Truist Bank Trustee | 1 | $34,264 | |
Richard B Walker Advisory Committee Member | 0 | $0 | |
D Stephen Walker Advisory Committee Member | 0 | $0 | |
Michael S Walker Advisory Committee Member | 0 | $0 | |
Cecil P Walker Advisory Committee Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $132,798 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,313 |
| Capital Gain Net Income | $51,313 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $184,111 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,264 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,817 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13 |
| Total operating and administrative expenses | $49,594 |
| Contributions, gifts, grants paid | $368,500 |
| Total expenses and disbursements | $418,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $217,124 |
| 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 | $3,105,443 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,460,176 |
| 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, Cecil I Walker Machinery Co Charitable Trust has awarded $368,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FUND FOR THE ARTS PURPOSE: GENERAL OPERATING | $50,000 |
WEST VIRGINIA SYMPHONY ORCHESTRA PURPOSE: GENERAL OPERATING | $35,000 |
THE KANAWHA CHARLESTON PURPOSE: GENERAL OPERATING | $37,500 |
THE CHARLESTON LIGHT OPERA GUILD PURPOSE: GENERAL OPERATING | $10,000 |
ST FRANCES ANIMAL CENTER PURPOSE: GENERAL OPERATING | $5,000 |
THE CHARLESTON CHAMBER MUSIC PURPOSE: GENERAL OPERATING | $5,000 |