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Ad Majorem Dei Gloriam Charitable Trust is a private trust based in MADISONVILLE, KY. The foundation received its IRS ruling in 2021. It holds total assets of $291K. Annual income is reported at $300K. Total assets have grown from N/A in 2020 to $12K in 2023. The foundation is governed by 2 officers and trustees. The Charity has been formed to make grants to tax-exempt charitable organizations for the betterment of Hopkins County, Kentucky, as determined by the co-trustees.In December 2021, Hopkins County, Kentucky was designated a Disaster Area resulting from the impact of a tornado disaster. $7,051 was provided for temporary housing assistance to those displaced resulting from the tornado. Tax records are available from 2020 to 2023. According to available records, Ad Majorem Dei Gloriam Charitable Trust has made 6 grants totaling $184K, with a median grant of $35K. Annual giving has decreased from $114K in 2022 to $70K in 2023. Individual grants have ranged from $7K to $50K, with an average award of $31K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
The Charity has been formed to make grants to tax-exempt charitable organizations for the betterment of Hopkins County, Kentucky, as determined by the co-trustees.The Learning Center of Madisonville is a 501(c)3 organization which provides services to the children in the Madisonville community by providing tutoring services as well as art camps, robotic camps, science camps, dinosaur camps, Community Spanish courses, and ACT sessions.
Expenses: $20K
The Charity has been formed to make grants to tax-exempt charitable organizations for the betterment of Hopkins County, Kentucky, as determined by the co-trustees.Cornerstone Preparatory School is a 501(c)(3) school located in Madisonville, Kentucky which is located in Hopkins County. The school's mission is to offer an education through the lens of a Biblical world view to prepare students for college, career, and life.
Expenses: $50K
The Charity has been formed to make grants to tax-exempt charitable organizations for the betterment of Hopkins County, Kentucky, as determined by the co-trustees.In December 2021, Hopkins County, Kentucky was designated a Disaster Area resulting from the impact of a tornado disaster. $7,051 was provided for temporary housing assistance to those displaced resulting from the tornado. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in KY.
Ad Majorem Dei Gloriam Charitable Trust has distributed a total of $184K across 6 grants. The median grant size is $35K, with an average of $31K. Individual grants have ranged from $7K to $50K.
For charitable purposes in Hopkins County, Kentucky.
Ad Majorem Dei Gloriam Charitable Trust is headquartered in MADISONVILLE, KY.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nan Su Nance | Trustee | $0 | $0 | N/A |
| Larry Stephen Nance | Trustee | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$12K
Fair Market Value
$12K
Net Worth
$12K
Grants Paid
$70K
Contributions
$50K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
6
Total Giving
$184K
Average Grant
$31K
Median Grant
$35K
Unique Recipients
3
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cornerstone Preparatory SchoolTo provide financial support of a 501(c)(3) non-profit school. | Madisonville, KY | $50K | 2023 |
| The Learning Center Of MadisonvilleTo provide financial support of 501(c)3 non-profit charity. | Madisonville, KY | $20K | 2023 |
| Holiday InnTo provide housing relief (hotel rooms) to displaced victims of tornados which hit the Western Kentucky area in December 2021. The area has been designated a Disaster Area. | Madisonville, KY | $7K | 2022 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY