Franklin Bank & Trust Company Charitable Trust
- Assets
- $45.9k
- Revenue
- $17.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, KY
- Founding
- 04/2012
- Data as of
- 12/2023
- EIN
- 45-2804201
Organization Overview
Franklin Bank & Trust Company Charitable Trust is located in Franklin, KY. The organization was established in 2012. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Bank & Trust Company 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, Franklin Bank & Trust Company Charitable Trust generated $17.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $11.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Franklin Bank & Trust Company Charitable Trust has awarded 113 individual grants totaling $146,300. 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 |
|---|---|---|---|
Gary Broady Trustee | 1 | $0 | |
Jill Gregory Trustee | 1 | $0 | |
Kirk Pierce Trustee | 1 | $0 | |
H Alexander Downing Trustee | 1 | $0 | |
Sonya Owens Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,340 |
| Interest on Savings | $0 |
| 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 | $17,340 |
| 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 | $0 |
| Total operating and administrative expenses | $1,064 |
| Contributions, gifts, grants paid | $10,150 |
| Total expenses and disbursements | $11,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,909 |
| 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 | $45,909 |
| 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, Franklin Bank & Trust Company Charitable Trust has awarded $10,150 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MARILYNN MOORE PURPOSE: CREMATION EXPENSES | $1,000 |
CRAFTON FUNERAL HOME-ANNABELLE PIRT PURPOSE: ASSIST WITH FUNERAL EXPENSES | $1,000 |
UNITED WAY OF SOUTHERN KENTUCKY PURPOSE: ASSIST WITH FINANCIAL NEED IN THE COMMUNITY | $2,000 |
BERT AMY JONES BENEFIT PURPOSE: FUNERAL & MEDICAL EXPENSE | $1,000 |
KAREN PRITCHETT PURPOSE: ASSIST WITH MEDICAL BILLS | $650 |
RICKY GANT PURPOSE: ASSIST WITH FINANCIAL NEEDS DUE TO POOR HEALTH | $1,000 |