Marjorie Lindsey Charitable Trust Uad

PENNINGTON, NJ EIN: 26-6906657

The Marjorie R. Lindsey Charitable Foundation Trust is a private foundation based in Pennington, New Jersey. Established in 2012, it operates as a 501(c)(3) organization with a single employee. The foundation is governed by trustee Marjorie R. Lindsey and is advised by Grover Waldon.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$41.8M

-0.1% YoY

Annual Giving

$3.6M

+20.0% YoY

Grant Count

17

+0.0% YoY

Avg Grant Size

$209K

+20.0% YoY

Under IRS private-foundation payout rules, Marjorie Lindsey Charitable Trust Uad reported a distributable amount of $2.7M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation makes grants across multiple focus areas with typical award sizes ranging from $15,840 to $720,000. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking priorities include organizations primarily located in California, Georgia, and Florida.

Grant Distribution by State

6states

Cities

AtlantaBakersfieldBonita SpringsCincinnatiEl Dorardo HillsEnglewoodLakesideMadisonOakhurstOrlandoPeachtree CornersRiversideRoseville

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total Assets: $41,792,617
  • Total Revenues: $3,985,705
  • Total Expenses: $3,932,339
  • Total Giving: $3,553,344
  • Number of Employees: 1
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$41,792,617$41,830,794$43,841,050
Revenue$3,985,705$1,390,380$3,021,373
Expenses$3,932,339$3,279,375$3,063,796
Qualifying Distributions$3,751,273$3,139,782$2,900,791
Net Investment Income$3,523,817$1,011,392$2,679,329
Distributable Amount$2,715,384$2,478,022$2,524,841

Giving Over Time

Total grant dollars and number of grants per year

$0$888K$2M$3M$4M17 grants202017 grants202117 grants202217 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HAGGAI INTERNATIONAL INS…$720KFIRST PRESBYTERIAN CHURC…$432KLEADING THE WAY WITH DR …$360KGEORGIA INSTITUTE OF TEC…$360KBAKERSFIELD COLLEGE FOUN…$265KFRIENDS OF CALVIN CREST$144KPURE HOPE COALITION$144KTURNING POINT FOR GOD$144KINDEPENDENCE THROUGH GRA…$144KWORLD SPORTS INC$144K

Grant Size Distribution

85 grants across all recorded years

10<$50K5$50–100K49$100–250K16$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Haggai International Institute for Advan ($720,000), First Presbyterian Church of Bakersfield ($432,000), Leading the Way With Dr Michael Youssef ($360,000).

RecipientPurposeAmount
FRIENDS OF CALVIN CREST OAKHURST, CAGENERAL OPERATING$144,000
PURE HOPE COALITION CINCINNATI, OHGENERAL OPERATING$144,000
TURNING POINT FOR GOD LAKESIDE, CAGENERAL OPERATING$144,000
INTERVARSITY CHRISTIAN FELLOWSHIP USA MADISON, WIGENERAL OPERATING$20,736
INDEPENDENCE THROUGH GRACE FOUNDATION BAKERSFIELD, CAGENERAL OPERATING$144,000
BAKERSFIELD COLLEGE FOUNDATION BAKERSFIELD, CAGENERAL OPERATING$264,960
HAGGAI INTERNATIONAL INSTITUTE FOR ADVAN PEACHTREE CORNERS, GAGENERAL OPERATING$720,000
LEADING THE WAY WITH DR MICHAEL YOUSSEF ATLANTA, GAGENERAL OPERATING$360,000
GEORGIA INSTITUTE OF TECHNOLOGY ATLANTA, GAGENERAL OPERATING$360,000
WORLD SPORTS INC BONITA SPRINGS, FLGENERAL OPERATING$144,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Marjorie R. Lindsey — Trustee
  • Grover Waldon — Advisor ($1,200 compensation, as of December 31, 2024)

Compensation Overview

From 2024 IRS filing

BANK OF AMERICA N ATRUSTEE$325KSHAWN KELLYADVISOR$1KSTEPHEN BOYLEADVISOR$1KGROVER WALDONADVISOR$1KJEFF CHANDLERADVISOR$1K

From 2024 filing

NameTitleHoursCompensation
SHAWN KELLYADVISOR2$1,200
STEPHEN BOYLEADVISOR2$1,200
GROVER WALDONADVISOR2$1,200
JEFF CHANDLERADVISOR2$1,200
BANK OF AMERICA N ATRUSTEE2$325,082

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

How do I apply for a grant from Marjorie Lindsey Charitable Trust Uad?

The foundation makes grants across multiple focus areas with typical award sizes ranging from $15,840 to $720,000. Recent grants include: • **Haggai International** — $720,000 (General Operating, December 2024) • **First Presbyterian Church of Bakersfield** — $432,000 (General Operating, December 2024) • **Leading The Way with Dr Michael Youssef** — $360,000 (General Operating, December 2024) The foundation distributed $3,553,344 in total giving in 2024, with total expenses of $3,932,339 for th…

Where does Marjorie Lindsey Charitable Trust Uad make grants?

The foundation's grantmaking priorities include organizations primarily located in California, Georgia, and Florida.

What size grants does Marjorie Lindsey Charitable Trust Uad award?

In 2024, Marjorie Lindsey Charitable Trust Uad awarded 17 grants totaling $3.6M — an average of about $209K per grant, based on its IRS Form 990 filings.

How much is Marjorie Lindsey Charitable Trust Uad required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Marjorie Lindsey Charitable Trust Uad reported a distributable amount of $2.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Marjorie Lindsey Charitable Trust Uad's EIN?

Marjorie Lindsey Charitable Trust Uad's EIN (Employer Identification Number) is 26-6906657. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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