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Marjorie R Lindsey Charitable Foundation Trust is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2012. It holds total assets of $41.8M. Annual income is reported at $16.5M. Total assets have grown from $9.4M in 2011 to $41.8M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in California and Georgia. According to available records, Marjorie R Lindsey Charitable Foundation Trust has made 68 grants totaling $10.9M, with a median grant of $110K. The foundation has distributed between $2.5M and $5.5M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $5.5M distributed across 34 grants. Individual grants have ranged from $14K to $600K, with an average award of $160K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in California, Georgia, Ohio, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$14K
Median Grant
$100K
Average Grant
$146K
Largest Grant
$500K
Based on 17 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Marjorie R Lindsey Charitable Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 68 grants. Its grantmaking reaches organizations primarily in CA, GA, OH.
Marjorie R Lindsey Charitable Foundation Trust has distributed a total of $10.9M across 68 grants. The median grant size is $110K, with an average of $160K. Individual grants have ranged from $14K to $600K.
Marjorie R Lindsey Charitable Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Marjorie R Lindsey Charitable Foundation Trust is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $293K | $0 | $293K |
| Jeff Chandler | ADVISOR | $1K | $0 | $1K |
| Shawn Kelly | ADVISOR | $1K | $0 | $1K |
| Stephen Boyle | ADVISOR | $1K | $0 | $1K |
| Grover Waldon | ADVISOR | $1K | $0 | $1K |
Total Giving
$3.3M
Total Assets
$41.8M
Fair Market Value
$52.9M
Net Worth
$41.8M
Grants Paid
$3M
Contributions
N/A
Net Investment Income
$1M
Distribution Amount
$2.5M
Total: $30.9M
Total Grants
68
Total Giving
$10.9M
Average Grant
$160K
Median Grant
$110K
Unique Recipients
31
Most Common Grant
$110K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Haggai International Institute For AdvanGENERAL OPERATING | Peachtree Corners, GA | $600K | 2023 |
| First Presbyterian Church Of BakersfieldGENERAL OPERATING | Bakersfield, CA | $360K | 2023 |
| Georgia Institute Of TechnologyGENERAL OPERATING | Atlanta, GA | $300K | 2023 |
| Leading The Way With Dr Michael YoussefGENERAL OPERATING | Atlanta, GA | $300K | 2023 |
| Bakersfield College FoundationGENERAL OPERATING | Bakersfield, CA | $221K | 2023 |
| Youth For Christ Usa IncGENERAL OPERATING | Bakersfield, CA | $120K | 2023 |
| California State University BakersfieldGENERAL OPERATING | Bakersfield, CA | $120K | 2023 |
| Bakersfield Symphony Orchestra IncGENERAL OPERATING | Bakersfield, CA | $120K | 2023 |
| Teen Challenge Of Southern CaliforniaGENERAL OPERATING | Riverside, CA | $120K | 2023 |
| Pure Hope CoalitionGENERAL OPERATING | Cincinnati, OH | $120K | 2023 |
| Independence Through Grace FoundationGENERAL OPERATING | Bakersfield, CA | $120K | 2023 |
| Turning Point For GodGENERAL OPERATING | Lakeside, CA | $120K | 2023 |
| World Sports IncGENERAL OPERATING | Bonita Springs, FL | $120K | 2023 |
| Friends Of Calvin CrestGENERAL OPERATING | Oakhurst, CA | $120K | 2023 |
| Bakersfield Christian High SchoolGENERAL OPERATING | Bakersfield, CA | $60K | 2023 |
| Campus Crusade For Christ IncGENERAL OPERATING | Orlando, FL | $23K | 2023 |
| Intervarsity Christian Fellowship UsaGENERAL OPERATING | Madison, WI | $17K | 2023 |