Doyle C Spivey & Bennie Jo Wade Spivey Charitable Trust
- Assets
- $1.4m
- Revenue
- $24.4k
- Investments
- $1.3m
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 61-6609008
Organization Overview
Doyle C Spivey & Bennie Jo Wade Spivey Charitable Trust is located in Montgomery, AL. The organization was established in 2019. 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. Doyle C Spivey & Bennie Jo Wade Spivey 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, Doyle C Spivey & Bennie Jo Wade Spivey Charitable Trust generated $24.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $79.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Doyle C Spivey & Bennie Jo Wade Spivey Charitable Trust has awarded 24 individual grants totaling $132,438. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,313 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48 |
| Capital Gain Net Income | $48 |
| Net ST Capital Gain | $48 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,361 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,516 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,511 |
| Contributions, gifts, grants paid | $58,266 |
| Total expenses and disbursements | $79,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,158 |
| 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 | $1,279,202 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $52 |
| Total assets | $1,370,412 |
| 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, Doyle C Spivey & Bennie Jo Wade Spivey Charitable Trust has awarded $58,266 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ELMORE FOOD PANTRY PURPOSE: GENERAL FUND | $9,711 |
SALVATION ARMY PURPOSE: GENERAL FUND | $9,711 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL FUND | $9,711 |
ELMORE COUNTY COMMUNITY FOUNDATION PURPOSE: GENERAL FUND | $9,711 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL FUND | $9,711 |
MONTGOMERY AREA FOOD BANK PURPOSE: GENERAL FUND | $9,711 |