Beasley Char Trust 6019000308
- Assets
- $0.0
- Revenue
- $220.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 06/1984
- Data as of
- 12/2020
- EIN
- 58-1552213
Organization Overview
Beasley Char Trust 6019000308 is located in Nashville, TN. The organization was established in 1984. 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. Beasley Char Trust 6019000308 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 12/2020, Beasley Char Trust 6019000308 generated $220.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $251.1k during the year ending 12/2020. While expenses have increased by 8.0% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Johnson Trustee | 1 | $10,000 | |
William Mitchell Trustee | 1 | $2,000 | |
George Elrod Trustee | 1 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $342 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $217,405 |
| Capital Gain Net Income | $217,405 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,600 |
| Total Revenue | $220,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,810 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,746 |
| Contributions, gifts, grants paid | $226,308 |
| Total expenses and disbursements | $251,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Beasley Char Trust 6019000308 has awarded $226,308 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SPARTA WHITE COUNTY CHAMBER OF COMMERCE PURPOSE: COMMUNITY ASSISTANCE | $5,000 |
SPARTA WHITE COUNTY HELP CENTER PURPOSE: COMMUNITY ASSISTANCE | $30,000 |
SPARTA WHITE COUNTY IMPROVEMENT ASSN PURPOSE: COMMUNITY ASSISTANCE | $86,308 |
SPARTA WHITE COUNTY UGF PURPOSE: COMMUNITY ASSISTANCE | $80,000 |
SPARTA WHITE COUNTY YMCA PURPOSE: COMMUNITY ASSISTANCE | $10,000 |
TENN TECH UNIVERSITY PURPOSE: COMMUNITY ASSISTANCE | $10,000 |