Harry M And Violet Turner Charitable Trust
- Assets
- $28.4m
- Revenue
- $3.1m
- Investments
- $23.8m
- Employees
- 0
- Location
- Springfield, OH
- Founding
- 06/2000
- Data as of
- 12/2023
- EIN
- 31-1711190
Organization Overview
Harry M And Violet Turner Charitable Trust is located in Springfield, OH. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Harry M And Violet Turner 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, Harry M And Violet Turner Charitable Trust generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $3.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Harry M And Violet Turner Charitable Trust has awarded 231 individual grants totaling $3,572,754. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Landess Trustee | 0 | $0 | |
Mary Emerson Trustee | 0 | $0 | |
Elizabeth Coffman Trustee | 0 | $0 | |
John Landess Executive Director | 40 | $320,438 | |
Daren Cotter CFO | 40 | $400,960 | |
Karen Wooten Accounting Manager | 40 | $108,125 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,000 |
| Interest on Savings | $98,292 |
| Dividends & Interest | $563,523 |
| Net Rental Income | $49,461 |
| Net Gain on Sale of Assets | $1,826,503 |
| Capital Gain Net Income | $1,592,178 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$147 |
| Other Income | $25,811 |
| Total Revenue | $3,113,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $721,398 |
| Other employee salaries and wages | $251,108 |
| Pension plans, employee benefits | $122,984 |
| Interest | $10,144 |
| Taxes | $65,742 |
| Depreciation | $24,735 |
| Occupancy | $26,167 |
| Travel, conferences, and meetings | $39,483 |
| Printing and publications | $0 |
| Other expenses | $851,391 |
| Total operating and administrative expenses | $2,337,648 |
| Contributions, gifts, grants paid | $671,058 |
| Total expenses and disbursements | $3,008,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,270,270 |
| 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 | $9,195 |
| Inventories for sale or use | $167,163 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $23,796,933 |
| Net Land, buildings, and equipment | $146,781 |
| Other assets | $0 |
| Total assets | $28,390,342 |
| Accounts payable and accrued expenses | $20,111 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $78,853 |
| Other liabilities | $19,905 |
| Total liabilities | $118,869 |
Grants Awarded
Over the last fiscal year, Harry M And Violet Turner Charitable Trust has awarded $671,058 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
1159 SOUTH COMMUNITY DEVELOPMENT CORP PURPOSE: CHARITABLE CONTRIBUTIONS | $600 |
AGRARIA CENTER FOR REGENERATIVE PRACTICE PURPOSE: CHARITABLE CONTRIBUTIONS | $5,000 |
BRAXTON MILLER FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
BOTH HANDS PURPOSE: CHARITABLE CONTRIBUTIONS | $513 |
CENTRAL CHRISTIAN CHURCH PURPOSE: CHARITABLE CONTRIBUTION | $27,396 |
CHILDREN'S RESCUE CENTER PURPOSE: CHARITABLE CONTRIBUTION | $9,350 |