Wade L Layton Charitable Trust
- Assets
- $0.0
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Savannah, GA
- Founding
- 02/2008
- Data as of
- 12/2023
- EIN
- 20-8572571
Organization Overview
Wade L Layton Charitable Trust is located in Savannah, GA. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Wade L Layton Charitable Trust 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, Wade L Layton Charitable Trust generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 52.1% each year . All expenses for the organization totaled $6.6m during the year ending 12/2023. While expenses have increased by 27.9% per year over the past 9 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 2014, Wade L Layton Charitable Trust has awarded 82 individual grants totaling $19,638,306. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis A Brown Trustee | 2 | $40,000 | |
Steve Stramm Trustee | 2 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34,864 |
| Dividends & Interest | $130,173 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,992,129 |
| Capital Gain Net Income | $2,992,129 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,157,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,043 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $134,893 |
| Contributions, gifts, grants paid | $6,445,058 |
| Total expenses and disbursements | $6,579,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Wade L Layton Charitable Trust has awarded $6,445,058 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BENEDICTINE MILITARY SCHOOL PURPOSE: ANNUAL FINANCIAL SUPPORT & CAPITAL C | $2,600,000 |
BLESSED SACREMENT SCHOOL PURPOSE: FINANCIAL SUPPORT | $25,000 |
FIRST BAPTIST CHURCH PURPOSE: FINANCIAL SUPPORT | $435,000 |
ST PETER THE APOSTLE SCHOOL PURPOSE: FINANCIAL SUPPORT | $10,000 |
ST VINCENT'S ACADEMY PURPOSE: ANNUAL SUPPORT & CAPITAL CAMPAIGN | $1,600,000 |
CALVARY DAY SCHOOL PURPOSE: ANNUAL SUPPORT & CAPITAL CAMPAIGN | $1,620,000 |