Good Shepherds Trust Foundation
- Assets
- $2.7m
- Revenue
- $182.0k
- Investments
- $2.6m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 03/1989
- Data as of
- 12/2022
- EIN
- 31-1243905
Organization Overview
Good Shepherds Trust Foundation is located in Charlotte, NC. The organization was established in 1989. 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. Good Shepherds Trust 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 12/2022, Good Shepherds Trust Foundation generated $182.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $216.0k during the year ending 12/2022. While expenses have increased by 9.7% 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 2015, Good Shepherds Trust Foundation has awarded 18 individual grants totaling $504,998. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARUKAH HOUSE MINISTRIES; 2911 MARKET STREET; PASCAGOULA, MS 39567
EMITE.ORG; PO BOX 1187; BELMONT NC 28012
HOPE INTERNATIONAL; 227 GRANITE RUN DRIVE, STE 250; LANCASTER, PA 17601
THERE IS MORE MINSTRIES; LIVING WATERS, HWY 215; BALSAM GROVE, NC 28708
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott R Toal Director | 10 | $0 | |
Bruce Toal Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $450 |
| Interest on Savings | $1,349 |
| Dividends & Interest | $59,736 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,129 |
| Capital Gain Net Income | $120,129 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $356 |
| Total Revenue | $182,020 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,278 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,714 |
| Total operating and administrative expenses | $35,992 |
| Contributions, gifts, grants paid | $180,000 |
| Total expenses and disbursements | $215,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $178,356 |
| 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 | $2,334,361 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,732,935 |
| 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, Good Shepherds Trust Foundation has awarded $180,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ARUKAH HOUSE MINISTRIES PURPOSE: TO FUND THE CONSTRUCTION | $20,000 |
EMITEORG PURPOSE: GENERAL | $90,000 |
HOPE INTERNATIONAL PURPOSE: GENERAL | $30,000 |
IMPACT AFRICA PURPOSE: GENERAL | $10,000 |
THERE IS MORE MINISTRIES PURPOSE: GENERAL | $15,000 |
WOODSIDE BAPTIST CHURCH PURPOSE: GENERAL | $10,000 |