Christy-Houston Foundation Inc
- Assets
- $87.7m
- Revenue
- $1.0m
- Investments
- $86.6m
- Employees
- 0
- Location
- Murfreesboro, TN
- Founding
- 03/1987
- Data as of
- 12/2022
- EIN
- 62-1280998
Organization Overview
Christy-Houston Foundation Inc is located in Murfreesboro, TN. The organization was established in 1987. 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. Christy-Houston Foundation Inc 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, Christy-Houston Foundation Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $5.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Christy-Houston Foundation Inc has awarded 256 individual grants totaling $36,217,564. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NOT APPLICABLE - THE FOUNDATION ONLY MAKES GRANTS TO OTHERQUALIFYING CHARITABLE ORGANIZATIONS OR GOVERNMENTAL UNITSFOR USE IN OR FOR THE BENEFIT OF CITIZENS OF RUTHERFORD COUNTY, TENNESSEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne C Davis President | 36 | $146,500 | |
Edward E Miller Jr Dir Emeritus | 0 | $0 | |
Ed Elam Dir Emeritus | 0 | $0 | |
Mike Ussery Chairman | 1 | $0 | |
Mark Follis Director | 1 | $900 | |
Pamela Kious Director | 1 | $1,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
| 12/30/22 | $0 | |
Gem Endowment Funds Lp | 12/30/22 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,774 |
| Dividends & Interest | $122,713 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $830,057 |
| Capital Gain Net Income | $830,057 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $50,822 |
| Total Revenue | $1,041,366 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $319,996 |
| Other employee salaries and wages | $62,850 |
| Pension plans, employee benefits | $15,819 |
| Interest | $0 |
| Taxes | $22,416 |
| Depreciation | $12,433 |
| Occupancy | $24,693 |
| Travel, conferences, and meetings | $6,685 |
| Printing and publications | $612 |
| Other expenses | $65,333 |
| Total operating and administrative expenses | $1,300,347 |
| Contributions, gifts, grants paid | $4,352,858 |
| Total expenses and disbursements | $5,653,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,513 |
| Savings and temporary cash investments | $741,809 |
| 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 | $71,973 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $86,575,697 |
| Net Land, buildings, and equipment | $201,378 |
| Other assets | $500 |
| Total assets | $87,675,870 |
| Accounts payable and accrued expenses | $2,596 |
| 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 | $1,140 |
| Total liabilities | $3,736 |
Grants Awarded
Over the last fiscal year, Christy-Houston Foundation Inc has awarded $4,352,858 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
GREENHOUSE MINISTRIES PURPOSE: EXPAND SERVICES | $183,334 |
COMMUNITY CARE OF RUTHERFORD COUNTY PURPOSE: RENOVATION | $203,019 |
DISCOVERY CENTER PURPOSE: REPLACE WATER TABLE | $280,000 |
SECOND HARVEST FOOD BANK PURPOSE: PROGRAM SERVICES | $50,000 |
DOORS OF HOPE PURPOSE: OPENING NEW DOORS | $249,999 |
PRIMARY CARE HOPE CLINIC PURPOSE: SMYRNA CLINIC BUILDING | $500,000 |