Mackensen Trust
- Assets
- $4.7m
- Revenue
- $72.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Bristow, OK
- Founding
- 01/2003
- Data as of
- 09/2021
- EIN
- 68-6223606
Organization Overview
Mackensen Trust is located in Bristow, OK. The organization was established in 2003. 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. Mackensen 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 09/2021, Mackensen Trust generated $72.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $209.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mackensen Trust has awarded 18 individual grants totaling $757,898. 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 |
|---|---|---|---|
Stan Earnhardt Foundation Mana | 15 | $49,051 | |
Roy Hiskett Trustee | 1 | $3,770 | |
Robert Wyatt Trustee | 1 | $3,770 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,957 |
| Dividends & Interest | $54,099 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,056 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,591 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,887 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,586 |
| Total operating and administrative expenses | $67,834 |
| Contributions, gifts, grants paid | $141,308 |
| Total expenses and disbursements | $209,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,777 |
| Savings and temporary cash investments | $1,593,769 |
| 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 | $1,808,211 |
| Total assets | $4,707,464 |
| Accounts payable and accrued expenses | $1,304 |
| 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 | $1,304 |
Grants Awarded
Over the last fiscal year, Mackensen Trust has awarded $141,308 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Bristow, OK PURPOSE: OPERATIONS AND MAINTENANCE | $92,633 |
FREELAND CENTER FOR PERFORMING ARTS PURPOSE: SPONSORSHIP | $21,000 |
BRISTOW FRATERNAL ORDER OF POLICE PURPOSE: CHARITY | $11,955 |
CITY OF BRISTOW FIRE DEPT PURPOSE: CRASH EXTRACTION EQUIPMENT | $10,720 |
Bristow, OK PURPOSE: WALMART SANTA DAY | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |