J C Landon Testamentary Trust
- Assets
- $2.4m
- Revenue
- $261.6k
- Investments
- $2.3m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 75-6522984
Organization Overview
J C Landon Testamentary Trust is located in Las Vegas, NV. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J C Landon Testamentary 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 12/2022, J C Landon Testamentary Trust generated $261.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $277.0k during the year ending 12/2022. While expenses have increased by 4.6% 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 2020, J C Landon Testamentary Trust has awarded 95 individual grants totaling $357,339. 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 | $86,599 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,269 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $176,251 |
| Total Revenue | $261,581 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,295 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,189 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,895 |
| Total operating and administrative expenses | $81,199 |
| Contributions, gifts, grants paid | $195,779 |
| Total expenses and disbursements | $276,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102 |
| Savings and temporary cash investments | $153,860 |
| 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 | $1,662,324 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,433,993 |
| 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, J C Landon Testamentary Trust has awarded $195,779 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
ELIBERTA ARMEDNARIZ CO TEXAS A & M UNIV PURPOSE: GENERAL OPERATING | $4,000 |
JOAQUIN ARMEDNARIZ CO TEXAS A & M UNIV PURPOSE: GENERAL OPERATING | $4,000 |
TEXAS A & M UNIV FBO SYDNEY BALLARD PURPOSE: GENERAL OPERATING | $4,000 |
TEXAS A & M UNIV FBO BRYAN BOCANEGRA PURPOSE: GENERAL OPERATING | $4,000 |
TEXAS A & M UNIV FBO RYLEE BRADEN PURPOSE: GENERAL OPERATING | $4,000 |
TEXAS A & M UNIV FBO SUTTON BRADEN PURPOSE: GENERAL OPERATING | $4,000 |