Nancy F Markle Charitable Tr For Children Acct 41-0485-01-5
- Assets
- $928.9k
- Revenue
- $49.5k
- Investments
- $911.9k
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 08/2005
- Data as of
- 12/2022
- EIN
- 56-6651594
Organization Overview
Nancy F Markle Charitable Tr For Children Acct 41-0485-01-5 is located in Raleigh, NC. The organization was established in 2005. 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. Nancy F Markle Charitable Tr For Children Acct 41-0485-01-5 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 12/2022, Nancy F Markle Charitable Tr For Children Acct 41-0485-01-5 generated $49.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $64.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Nancy F Markle Charitable Tr For Children Acct 41-0485-01-5 has awarded 25 individual grants totaling $262,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,096 |
| Capital Gain Net Income | $33,096 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,469 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,636 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,587 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,673 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $64,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,011 |
| 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 | $911,887 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $928,898 |
| 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, Nancy F Markle Charitable Tr For Children Acct 41-0485-01-5 has awarded $57,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SAFE ALLIANCE PURPOSE: PROVIDE LEGAL SERVICES FOR | $12,500 |
SUPPORTIVE HOUSING COMMUNITIES PURPOSE: RENTAL SUPPORT FOR FORMERLY | $10,000 |
CENTER FOR CHILD & FAMILY HEALTH PURPOSE: PROVIDES SERVICES TO | $10,000 |
KARE INC PURPOSE: GENERAL PURPOSE | $10,000 |
MOUNTAIN CHILD ADVOCACY CENTER PURPOSE: FOR THE CARE AND SUPPORT OF | $15,000 |