Cal Turner Family Foundation Inc
- Assets
- $39.0m
- Revenue
- $1.9m
- Investments
- $38.0m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 01/2009
- Data as of
- 12/2022
- EIN
- 26-2886973
Organization Overview
Cal Turner Family Foundation Inc is located in Nashville, TN. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Cal Turner Family Foundation Inc 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 12/2022, Cal Turner Family Foundation Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cal Turner Family Foundation Inc has awarded 90 individual grants totaling $27,736,354. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Calister Turner Jr President/member | 1 | $0 | |
Hurley C Turner III Treasurer/member | 1 | $0 | |
Alex Turner Secretary/director | 1 | $0 | |
Hurley C Turner IV Director | 1 | $0 | |
Will Turner Director | 1 | $0 | |
Brad Winstead Assistant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,908 |
| Dividends & Interest | $1,180,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $897,164 |
| Capital Gain Net Income | $897,164 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$185,220 |
| Total Revenue | $1,894,828 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $56,930 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $234 |
| Printing and publications | $0 |
| Other expenses | $613,240 |
| Total operating and administrative expenses | $873,231 |
| Contributions, gifts, grants paid | $4,083,718 |
| Total expenses and disbursements | $4,956,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $979,735 |
| Net Accounts receivable | $4,446 |
| 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 | $25,590,204 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,001,009 |
| 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, Cal Turner Family Foundation Inc has awarded $13,263,718 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
BAREFOOT REPUBLIC CAMP PURPOSE: 2022 TURNER FELLOWS BEN BRADSHAW AND STEVEN CARTIGLIA | $4,800 |
BETHLEHEM CENTERS OF NASHVILLE PURPOSE: 2022 TURNER FELLOW ALAYNA MCINTOSH | $2,400 |
FANNIE BATTLE DAY HOME FOR CHILDREN PURPOSE: 2022 TURNER FELLOW MAGGIE KAUFMAN | $2,400 |
FIRST STEPS INC PURPOSE: 2022 TURNER FELLOWS KENNA OTERO | $2,400 |
FRANKLIN ROAD ACADEMY PURPOSE: 2022 FRA TURNER FELLOWS STIPENDS AND 2021 FRA TURNER FELLOWS SCHOLARSHIPS | $84,000 |
FROM THE HEART PRODUCTIONS INC PURPOSE: DOCUMENTARY FILM 'A VETERAN'S HEART' | $108,718 |