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Robert E And Margaret E Lyle Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 926027594 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

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Overview

What is Robert E And Margaret E Lyle Trust?

The Robert E. and Margaret E. Lyle Trust is a philanthropic entity based in Anchorage, Alaska, with a postal address of PO Box 100686. Established in 1996, the trust's primary objective is to provide a continuous source of income for All Saints' Episcopal Church in Anchorage, Alaska. Since its inception, the trust's value has grown substantially, from an initial $497,842 to its current worth of $1,411,668. Over the years, the trust has generously donated a total of $598,950 to All Saints' Episcopal Church. The trust's mission is to ensure a reliable financial support system for the church in Anchorage, Alaska.

Is Robert E And Margaret E Lyle Trust legitimate?

Robert E And Margaret E Lyle Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert E And Margaret E Lyle 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Robert E And Margaret E Lyle Trust?

The Robert E and Margaret E Lyle Trust has a mission to provide a perpetual source of income. This income is intended to benefit a specific entity, namely, All Saints' Episcopal Church in Anchorage, Alaska. The trust's annual distribution of its net income serves this purpose. Established in 1996, the trust's value has grown significantly from its initial amount of 497,842 to 1,411,668. Over the years, the Lyle Trust has granted gifts totalling 598,950 to All Saints' Episcopal Church in Anchorage, Alaska.

Who is the CEO of Robert E And Margaret E Lyle Trust?

Carol Batson is the Chairman of Robert E And Margaret E Lyle Trust.

What is the revenue of Robert E And Margaret E Lyle Trust?

Robert E And Margaret E Lyle Trust's revenue in 2022 was $51,622.

Who are the executives of Robert E And Margaret E Lyle Trust and what are their salaries?

There 5 volunteers at Robert E And Margaret E Lyle Trust.


Here are 5 key members and their salaries:


Carol Batson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Geraghty (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crista Burson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Macdonald (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Iverson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Robert E And Margaret E Lyle Trust?

Robert E And Margaret E Lyle Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Robert E And Margaret E Lyle Trust

The Robert E. and Margaret E. Lyle Trust is a philanthropic organization with a mission to provide a permanent source of income. This income is intended for All Saints' Episcopal Church in Anchorage, Alaska. The trust's mission is to ensure a steady financial support for the church, serving as a reliable financial resource for its operations and needs. Since its establishment in 1996, the trust's value has significantly grown, from an initial 497,842 to 1,411,668. Over the years, the Lyle Trust has generously granted gifts totaling 598,950 to All Saints' Episcopal Church in Anchorage, Alaska. The trust's annual distributions have played a significant role in supporting the church's activities and growth.

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Impact




October, 2024

The Robert E And Margaret E Lyle Trust has significantly impacted All Saints' Episcopal Church in Anchorage, Alaska, by providing a reliable and ongoing source of financial support. Since its establishment in 1996, the trust has experienced substantial growth, increasing from $497,842 to $1,411,668 in value. This financial stability has allowed the trust to disburse a total of $598,950 in grants to the church over the years, enhancing its capacity to serve the community and fulfill its mission. The consistent annual contributions from the trust ensure that All Saints' Episcopal Church can maintain its operations and continue its programs, fostering a sense of stability and support within the congregation and the wider community. Through this enduring partnership, the Lyle Trust exemplifies the power of philanthropy in sustaining local initiatives and spiritual endeavors.




This information is meant to be a general summary of Robert E And Margaret E Lyle 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.

Revenue
$51,622 (2022)
Expenses
$43,657 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $51,622
  • Gross Receipts: $143,507

Assets and Liabilities:

  • Total Assets: $1,411,668
  • Total Liabilities: $0
  • Net Assets: $1,411,668

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Organization Details

Founding Year

1996

Principal Officer

Carol Batson

Main Address

PO BOX 100686, ANCHORAGE, AK, 99510

NTEE Category

Code: T99Z - Philanthropy

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