The Healing Trust
- Assets
- $127.8m
- Revenue
- $10.5m
- Investments
- $123.3m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 52-2362225
Organization Overview
The Healing Trust is located in Nashville, TN. The organization was established in 2002. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healing 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, Healing Trust generated $10.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $7.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Healing Trust has awarded 1,051 individual grants totaling $49,456,979. 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 |
|---|---|---|---|
Matia Powell Trustee | 1 | $0 | |
Dr Hana Ali Trustee | 1 | $0 | |
Megan Bader Trustee | 1 | $0 | |
Rev Jennifer Bailey Vice-Chair | 1 | $0 | |
Magi Curtis Trustee | 1 | $0 | |
Kristina Clark Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $485,562 |
| Dividends & Interest | $1,003,254 |
| Net Rental Income | -$71,730 |
| Net Gain on Sale of Assets | $7,774,869 |
| Capital Gain Net Income | $7,774,869 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,245,893 |
| Total Revenue | $10,509,578 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $225,093 |
| Other employee salaries and wages | $620,977 |
| Pension plans, employee benefits | $145,107 |
| Interest | $36,949 |
| Taxes | $131,678 |
| Depreciation | $56,516 |
| Occupancy | $14,493 |
| Travel, conferences, and meetings | $19,188 |
| Printing and publications | $0 |
| Other expenses | $1,970,174 |
| Total operating and administrative expenses | $3,265,085 |
| Contributions, gifts, grants paid | $4,520,985 |
| Total expenses and disbursements | $7,786,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152 |
| Savings and temporary cash investments | $2,976,421 |
| 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 | $444 |
| Net Investments - land, buildings, equipment | $1,470,655 |
| Investments—mortgage loans | $0 |
| Investments—other | $123,315,439 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $127,763,111 |
| Accounts payable and accrued expenses | $47,612 |
| Grants payable | $48,666 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $971,868 |
| Total liabilities | $1,068,146 |
Grants Awarded
Over the last fiscal year, The Healing Trust has awarded $4,520,985 in support to 155 organizations.
| Grant Recipient | Amount |
|---|---|
APHESIS HOUSE INC PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE ORGANIZATION. | $20,000 |
ADVOCATES FOR WOMENS AND KIDS EQUALITY AWAKE INC PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE ORGANIZATION. | $25,000 |
AMERICAN MUSLIM ADVISORY COUNCIL PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE ORGANIZATION. | $34,200 |
ASHLEYS PLACE PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE ORGANIZATION. | $20,000 |
BRIDGES OF WILLIAMSON COUNTY PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE ORGANIZATION. | $38,000 |
BUILDING LIVES FOUNDATION INC PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE ORGANIZATION. | $38,000 |