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Charles And Opal Martin Charitable Trust is a private trust based in DEWEY, OK. The foundation received its IRS ruling in 2018. The principal officer is Arvest Bank Ttee. It holds total assets of $4.3M. Annual income is reported at $1.3M. The foundation is governed by 1 officer or trustee. This trust donates to certain irs approved charitable organizations in annual amounts determined per the trust document. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Oklahoma. According to available records, Charles And Opal Martin Charitable Trust has made 22 grants totaling $1.3M, with a median grant of $52K. The foundation has distributed between $208K and $652K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $652K distributed across 8 grants. Individual grants have ranged from $44K to $136K, with an average award of $61K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Oklahoma and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$51K
Median Grant
$51K
Average Grant
$51K
Largest Grant
$51K
Based on 5 grants from the most recent 990-PF filing.
This trust donates to certain irs approved charitable organizations in annual amounts determined per the trust document
This trust donates to certain irs approved charitable organizations in annual amounts determined per the trust document. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in OK, DC.
Charles And Opal Martin Charitable Trust has distributed a total of $1.3M across 22 grants. The median grant size is $52K, with an average of $61K. Individual grants have ranged from $44K to $136K.
Charles And Opal Martin Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Charles And Opal Martin Charitable Trust is headquartered in DEWEY, OK. While based in OK, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arvest Bank | TRUSTEE | $44K | $0 | $44K |
Total Giving
$268K
Total Assets
$4.3M
Fair Market Value
$4.7M
Net Worth
$4.3M
Grants Paid
$222K
Contributions
N/A
Net Investment Income
$107K
Distribution Amount
$217K
Total: $4.1M
Total Grants
22
Total Giving
$1.3M
Average Grant
$61K
Median Grant
$52K
Unique Recipients
6
Most Common Grant
$44K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lighthouse Outreach CenterPROGRAM SUPPORT | Bartlesville, OK | $44K | 2023 |
| Elder CarePROGRAM SUPPORT | Bartlesville, OK | $44K | 2023 |
| Mary Martha Outreach IncGENERAL PURPOSE | Bartlesville, OK | $44K | 2023 |
| The Salvation ArmyPROGRAM SUPPORT | Bartlesville, OK | $44K | 2023 |
| American Red CrossPROGRAM SUPPORT | Washington, DC | $44K | 2023 |
| Catholic Charities Of The ArchdioceseGENERAL PURPOSE | Oklahoma City, OK | $52K | 2021 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK