Overview
What is Margaret R Griffiths Trust?
The Margaret R Griffiths Trust is a philanthropic organization that operates through a testamentary trust. Its primary mission is to support various charitable entities by distributing a fixed percentage of its asset value to predetermined beneficiaries. The Trust's purpose is to contribute to the charitable sector and make a positive impact in various communities. While the information does not specify the scope or focus areas of the Trust's beneficiaries, it is clear that they are dedicated to promoting and advancing charitable causes.
Is Margaret R Griffiths Trust legitimate?
Margaret R Griffiths Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaret R Griffiths Trust 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: $108,144
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Margaret R Griffiths Trust?
The Margaret R Griffiths Trust, functioning through a testamentary trust, is dedicated to supporting charitable organizations. It distributes a specific portion of its asset value to predetermined recipients, contributing to their causes on a regular basis. The mission of this trust is primarily focused on providing financial assistance to charitable organizations, thereby contributing to various social and community initiatives.
Who is the CEO of Margaret R Griffiths Trust?
Thomas M Stickney is the Co-Trustee of Margaret R Griffiths Trust.
What is the revenue of Margaret R Griffiths Trust?
Margaret R Griffiths Trust's revenue in 2022 was $735,130.
Who are the executives of Margaret R Griffiths Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $64,800
- Related: $0
- Other: $0
- Compensation: $43,344
- Related: $0
- Other: $0
Where can I find the form 990 for Margaret R Griffiths Trust?
Margaret R Griffiths Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Margaret R Griffiths Trust
The Margaret R Griffiths Trust is a supporting organization that fulfills its mission by establishing a testamentary trust. This trust distributes a portion of its asset value, specifically five percent, to designated beneficiaries. In essence, the Margaret R Griffiths Trust serves as a charitable entity, channeling resources to various organizations as per its trust agreement. By doing so, the trust aims to contribute positively to the causes and initiatives these organizations are committed to.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Margaret R Griffiths Trust significantly impacts its community by providing financial support to various charitable organizations. Through a testamentary trust, it allocates five percent of its asset value to designated recipients, ensuring that funds are channeled toward initiatives that benefit the society. This systematic distribution fosters sustainable support for a range of causes, enabling organizations to undertake and expand their programs. With its focus on philanthropy, the Trust not only helps address immediate needs but also contributes to long-term solutions within the Rocky River area and beyond.
This information is meant to be a general summary of Margaret R Griffiths Trust. 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: $735,130
- Gross Receipts: $1,381,366
Assets and Liabilities:
- Total Assets: $6,952,244
- Total Liabilities: $0
- Net Assets: $6,952,244
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1969
Phone
(216) 241-0140Principal Officer
Thomas M Stickney
Main Address
20006 DETROIT ROAD 200, ROCKY RIVER, OH, 44116
NTEE Category
Code: T00 - Philanthropy
If you are a representative of Margaret R Griffiths Trust 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.