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LUESTHER T MERTZ CHARITABLE TRUST

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Public IRS 990 nonprofit record

LUESTHER T MERTZ CHARITABLE TRUST

EIN 13-7049014 · Philanthropy, Voluntarism & Grantmaking Foundations (T900)

What they do

THE TRUST is A TESTAMENTARY CHARITABLE TRUST UNDER NEW YORK LAW and is A SO-CALLED "SUPPORTING ORGANIZATION" DESCRIBED IN SECTION 509(A)(3) of THE INTERNAL REVENUE CODE. THE SOLE EXEMPT PURPOSE and ACTIVITY of THE TRUST is to SUPPORT DIRECTLY FOURTEEN PUBLICLY SUPPORTED CHARITIES WHICH ARE NAMED IN THE TRUSTS GOVERNING INSTRUMENT WHICH REQUIRES THAT ALL NET INCOME of THE TRUST BE DISTRIBUTED to PROVIDE ESSENTIAL SUPPORT for A SUBSTANTIAL PROGRAM or ACTIVITY of ONE or MORE of THE NAMED BENEFICIARY ORGANIZATIONS.

Before you give

Should I give to this charity?

Easy charity check
The spending raises an important question

Of every $100 spent, about $10.40 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders2 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

10.4%of expenses went to mission work39.40% of revenue
$379.72spent for every $100 of revenueSpending was higher than revenue this year.
89.6%of expenses went to management and office costs340.40% of revenue
$5.02in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $57,986 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services10.4% of expenses39.40% of revenue
ManagementOffice and general costs89.6% of expenses340.40% of revenue
FundraisingAsking for donations0.0% of expenses
Total expenses379.70% of revenue

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 10.4% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202310.4% mission
202280.9% mission
202189.2% mission
202099.0% mission
201992.7% mission
201876.6% mission
201779.5% mission
201671.8% mission

Money in and money out

Revenue$20,730
Expenses$78,716
Annual shortfall $57,986 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,161 · 10.4% of expenses
Management and office costs$70,555 · 89.6% of expenses
See all reported dollar amounts
Revenue$20,730
Expenses$78,716
Assets$395,493
Income$20,730
Mission work (program services)$8,161
Grants given$190,091,894
Average grant$2,112,132
Management and general$70,555
Accounting fees$15,618
Investing fees$1,150
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (2)

GOLDEN BECKNER JRTRUSTEE

LARRY E CONDONTRUSTEE

About this charity

Recognized since
January 1995
Location
218 EAST 18TH STREET, NEW YORK, NY 10003
County
New York
In care of
GOLDEN BECKNER JR
Primary officer
GOLDEN BECKNER JR, TRUSTEE

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
December 1, 2023
Return type
990
Tax preparer
LUTZ AND CARR CPAS LLP
NTEE classification
Philanthropy, Voluntarism & Grantmaking Foundations (T900)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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