Madge May Vincent Charitable Testamentary Trust
- Assets
- $233.8k
- Revenue
- $39.4k
- Investments
- $207.2k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 73-6178781
Organization Overview
Madge May Vincent Charitable Testamentary Trust is located in Oklahoma City, OK. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2023, Madge May Vincent Charitable Testamentary Trust generated $39.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $58.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Madge May Vincent Charitable Testamentary Trust has awarded 31 individual grants totaling $195,923. 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 | $9,529 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$35 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,906 |
| Total Revenue | $39,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,728 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $655 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,233 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $58,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,842 |
| Savings and temporary cash investments | $22,570 |
| 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 | $207,188 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,236 |
| Total assets | $233,836 |
| 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, Madge May Vincent Charitable Testamentary Trust has awarded $50,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITY CONNECTION OKLAHOMA PURPOSE: GENERAL | $7,500 |
BETHANY CHILDREN'S HEALTH CENTER PURPOSE: GENERAL | $5,000 |
BEYOND THE SPECTRUM OK PURPOSE: GENERAL | $10,000 |
MAKE PROMISES HAPPEN CENTRAL OKLAHOMA CAMP PURPOSE: GENERAL | $5,000 |
HEARTS FOR HEARING FOUNDATION PURPOSE: GENERAL | $5,000 |
OKLAHAVEN CHILDREN'S CHIROPRACTIC CENTER PURPOSE: GENERAL | $2,000 |