Overview
What is H Malcolm Macdonald Char Tr?
H Malcolm Macdonald Charitable Trust, as per the provided information, is a philanthropic entity established under the will of the late H. Malcolm Macdonald. The primary mission of this trust is to distribute its income to charities that have been designated in Mr. Macdonald's will. The trust operates from a PO Box located in Pennington, New Jersey. While the specific nature of the charities that receive the funds is not disclosed in the information, the trust is dedicated to supporting various causes as per the wishes of its founding benefactor.
Is H Malcolm Macdonald Char Tr legitimate?
H Malcolm Macdonald Char Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. H Malcolm Macdonald Char Tr submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $146,213
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of H Malcolm Macdonald Char Tr?
The mission of H Malcolm Macdonald Charitable Trust is to distribute the income of the trust to charities as outlined in the will of the late H. Malcolm Macdonald. This trust is committed to supporting various public charities, following the specifications set forth in Mr. Macdonald's will. The primary objective of the trust is to contribute to the causes and organizations that align with the philanthropic values and interests of the founder. By distributing funds to these designated charities, the H Malcolm Macdonald Charitable Trust aims to make a positive impact in various communities and sectors.
Who is the CEO of H Malcolm Macdonald Char Tr?
Joe R Long is the Trustee of H Malcolm Macdonald Char Tr.
What is the revenue of H Malcolm Macdonald Char Tr?
H Malcolm Macdonald Char Tr's revenue in 2022 was -$154,885.
Who are the executives of H Malcolm Macdonald Char Tr and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $146,213
- Related: $0
- Other: $0
Where can I find the form 990 for H Malcolm Macdonald Char Tr?
H Malcolm Macdonald Char Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of H Malcolm Macdonald Char Tr
The H Malcolm Macdonald Charitable Trust, as per the will of its namesake, is committed to distributing its income to designated charities. This mission involves channeling funds to various public charitable organizations, aligning with the wishes of the late H. Malcolm Macdonald. The trust serves as a philanthropic vehicle, utilizing its resources to support the causes and institutions that Mr. Macdonald held dear. By doing so, the H Malcolm Macdonald Charitable Trust contributes to the betterment of society and the advancement of charitable causes, honoring the legacy of its founder.
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Impact
October, 2024
H Malcolm Macdonald Char Tr plays a significant role in supporting various public charities as outlined in Mr. H. Malcolm Macdonald's will. By distributing the income of the trust, it directly contributes to educational initiatives and other charitable activities, thereby fostering community development and enhancing opportunities for individuals and organizations in need. This trust acts as a financial resource, enabling designated charities to fulfill their missions and expand their impact on the communities they serve. Through these distributions, H Malcolm Macdonald Char Tr ensures that the legacy of Mr. Macdonald continues to benefit others, promoting positive change and supporting meaningful programs across sectors.
This information is meant to be a general summary of H Malcolm Macdonald Char Tr. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$154,885
- Gross Receipts: $18,651,648
Assets and Liabilities:
- Total Assets: $15,814,473
- Total Liabilities: $0
- Net Assets: $15,814,473
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Organization Details
Founding Year
1995
Phone
(212) 852-3049Principal Officer
Joe R Long
Main Address
PO BOX 1532, PENNINGTON, NJ, 08534
NTEE Category
Code: B120 - Education
If you are a representative of H Malcolm Macdonald Char Tr and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.