Sumpter Yeaman Charitable Foundation
- Assets
- $632.4k
- Revenue
- $590.5k
- Investments
- $73.1k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 12/2008
- Data as of
- 12/2023
- EIN
- 26-3207436
Organization Overview
Sumpter Yeaman Charitable Foundation is located in Nashville, TN. The organization was established in 2008. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sumpter Yeaman Charitable 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, Sumpter Yeaman Charitable Foundation generated $590.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 69.9% each year . All expenses for the organization totaled $35.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sumpter Yeaman Charitable Foundation has awarded 21 individual grants totaling $107,000. 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 |
|---|---|---|---|
William S Yeaman Jr President / Trustee | 1 | $0 | |
Jerry W Depriest Secretary / Trustee | 1 | $0 | |
J Allen Reynolds III Trustee | 1 | $0 | |
Mike Kelly Trustee | 1 | $0 | |
Richard Shultz Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $587,853 |
| Interest on Savings | $2,675 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $590,528 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,878 |
| Total operating and administrative expenses | $29,049 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $35,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531 |
| 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 | $73,089 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $558,758 |
| Total assets | $632,378 |
| 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, Sumpter Yeaman Charitable Foundation has awarded $6,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MIDDLE TENNESSEE STATE UNIVERSITY PURPOSE: TYLER SCHULTZ MEMORIAL SCHOLARSHIP | $2,000 |
VOLUNTEER STATE COMMUNITY COLLEGE PURPOSE: TYLER SCHULTZ MEMORIAL SCHOLARSHIP | $1,000 |
METRO NASHVILLE POLICE ACTIVITY LEAGUE PURPOSE: GENERAL DONATION | $3,000 |