James W Carell Charitable Trust
- Assets
- $1.8m
- Revenue
- $118.8k
- Investments
- $1.8m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 09/2013
- Data as of
- 12/2022
- EIN
- 45-1555589
Organization Overview
James W Carell Charitable Trust is located in Nashville, TN. The organization was established in 2013. 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. James W Carell 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 12/2022, James W Carell Charitable Trust generated $118.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $402.5k during the year ending 12/2022. While expenses have increased by 24.2% per year over the past 7 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, James W Carell Charitable Trust has awarded 169 individual grants totaling $1,779,976. 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 |
|---|---|---|---|
Christine Palmer Trustee | 1 | $0 | |
Michael Carell Trustee | 1 | $0 | |
Eileen Allen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33,912 |
| Dividends & Interest | $117,200 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$32,351 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $118,761 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,901 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,280 |
| Total operating and administrative expenses | $49,867 |
| Contributions, gifts, grants paid | $352,655 |
| Total expenses and disbursements | $402,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,837 |
| 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 | $1,838,426 |
| 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, James W Carell Charitable Trust has awarded $352,655 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
NASHVILLE RESCUE MISSION PURPOSE: ASSISTANCE TO HOMELESS | $25,000 |
CROSS ROAD CAMPUS PURPOSE: ASSISTANCE TO YOUTH | $20,000 |
MONTGOMERY BELL ACADEMY PURPOSE: EDUCATIONAL ASSITANCE | $4,000 |
SECOND HARVEST FOOD BANK PURPOSE: FOOD ASSISTANCE FOR NEEDY | $50,000 |
ST BERNARD ACADEMY PURPOSE: EDUCATION ASSISTANCE | $10,000 |
ENSWORTH SCHOOL PURPOSE: EDUCATION | $500 |