Violet Hampton Tr Uw 2
- Assets
- $748.0k
- Revenue
- $31.3k
- Investments
- $733.3k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 62-6373852
Organization Overview
Violet Hampton Tr Uw 2 is located in Birmingham, AL. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Violet Hampton Tr Uw 2 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, Violet Hampton Tr Uw 2 generated $31.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $99.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Violet Hampton Tr Uw 2 has awarded 166 individual grants totaling $488,250. 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 |
|---|---|---|---|
Maggie Kersten Comm Mbr | 1 | $650 | |
Darolyn Porter Comm Mbr | 1 | $650 | |
Brent Tener Comm Mbr | 1 | $650 | |
Patricia Smedley Comm Mbr | 1 | $650 | |
Regions Bank Trust Dept Trustee | 1 | $12,234 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,118 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,930 |
| Capital Gain Net Income | $3,930 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $216 |
| Total Revenue | $31,264 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,834 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $309 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,143 |
| Contributions, gifts, grants paid | $83,500 |
| Total expenses and disbursements | $99,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,706 |
| 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 | $733,311 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $748,017 |
| 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, Violet Hampton Tr Uw 2 has awarded $83,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
EMORY UNIVERSITY PURPOSE: SCHOLARSHIPS | $3,000 |
MARYVILLE COLLEGE PURPOSE: SCHOLARSHIPS | $3,000 |
BERRY COLLEGE PURPOSE: SCHOLARSHIPS | $1,500 |
CLEMSON UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,000 |
VANDERBILT UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,500 |
COLUMBIA UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,500 |