Bailey & Lucy Evans Foundation
- Assets
- $358.9k
- Revenue
- $28.3k
- Investments
- $344.2k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 20-6605288
Organization Overview
Bailey & Lucy Evans Foundation is located in Nashville, TN. The organization was established in 2006. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bailey & Lucy Evans Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Bailey & Lucy Evans Foundation generated $28.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $28.4k during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bailey & Lucy Evans Foundation has awarded 98 individual grants totaling $157,574. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,968 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,326 |
| Capital Gain Net Income | $16,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,627 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $112 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,139 |
| Contributions, gifts, grants paid | $22,310 |
| Total expenses and disbursements | $28,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,658 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $358,862 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bailey & Lucy Evans Foundation has awarded $22,310 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
A BRIDGE OF HOPE PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION | $500 |
BEDFORD COUNTY ARTS COUNCIL PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION | $600 |
BELIEVERS FAITH FELLOWSHIP PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION | $1,500 |
BLUE MONARCH PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION | $1,750 |
CASA WORKS INC PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION | $1,500 |
BOYS AND GIRLS CLUB PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION | $2,000 |