NonprofitsMarrs Mclean Trust

Marrs Mclean Trust

SAN ANTONIO, TX

Total revenue

$669K

Total expenses

$687K

Net assets

$12.4M

Grants received

EIN

746342783

Tax year

2024

Mission

For purposes of form 990, "the organization" will refer to frost bank, the institutional trustee of this charitable trust. Frost bank carries out the intent and directions provided in the governing document of the trust. The settlor of this trust directed that the endowment fund be organized and operated to support three named publicly supported sec 501(c)(3) organizations. The net income from the investments is distributed in fixed percentages to or for the benefit of the named organizations. The marrs mclean trust is an endowment fund created under the will of verna hooks mclean.

Programs

2 programs

Provide support to: baylor college of medicine houston, texas

Expenses: $208KGrants: $208K

Provide support to: trinity university san antonio, texas

Expenses: $208KGrants: $208K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$495K
Other revenue$174K
Total revenue$669K

Expenses

Grants paid$624K
Salaries & benefits$28K
Fundraising
Other expenses$35K
Total expenses$687K
Total assets$12.4M
Net assets$12.4M

People

1 listed

NameRoleCompensation

FROST BANK

TRUSTEE

Board

$28K

40 hrs/wk

Details

EIN746342783
Subsection03
Ruling date1986-11
Formed1985
Employees0
Volunteers0
MARRS MCLEAN TRUST — Mission, Financials & Grants Received | Grantivo