Margaret B Vann Charitable Trust
- Assets
- $1.6m
- Revenue
- $378.6k
- Investments
- $1.5m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- Data as of
- 12/2023
- EIN
- 56-6620003
Organization Overview
Margaret B Vann Charitable Trust is located in Orlando, FL. 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. Margaret B Vann 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 12/2023, Margaret B Vann Charitable Trust generated $378.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $80.6k during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 5 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 2019, Margaret B Vann Charitable Trust has awarded 15 individual grants totaling $292,428. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $549 |
| Dividends & Interest | $46,204 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $331,833 |
| Capital Gain Net Income | $331,833 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $378,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,003 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $348 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32 |
| Total operating and administrative expenses | $19,533 |
| Contributions, gifts, grants paid | $61,084 |
| Total expenses and disbursements | $80,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $632 |
| Savings and temporary cash investments | $99,922 |
| 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 | $1,194,293 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,575,312 |
| 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, Margaret B Vann Charitable Trust has awarded $61,084 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL MISSION BOARD SBC PURPOSE: GENERAL OPERATING | $15,271 |
CAMPBELL UNIVERSITY INC PURPOSE: GENERAL OPERATING | $30,542 |
GARDNER WEBB UNIVERSITY PURPOSE: GENERAL OPERATING | $15,271 |