The Sims Family Charitable Trust

Organization Overview

The Sims Family Charitable Trust is located in Memphis, TN. The organization was established in 2002. 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. Sims Family 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 12/2020, Sims Family Charitable Trust generated $293.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $160.3k during the year ending 12/2020. While expenses have increased by 10.8% per year over the past 6 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.

Since 2015, Sims Family Charitable Trust has awarded 177 individual grants totaling $700,250. 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)Compensation
First Horizon Bank
Trustee
$20,048
Sherrie J Sims
Advisor
$0
J Walker Sims
Advisor
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $137,745
Interest on Savings $553
Dividends & Interest $74,033
Net Rental Income$0
Net Gain on Sale of Assets $80,936
Capital Gain Net Income $80,936
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $293,267

Grants Awarded

Over the last fiscal year, The Sims Family Charitable Trust has awarded $174,500 in support to 26 organizations.

Grant RecipientAmount

TENNESSEE SHAKESPEARE COMPANY

PURPOSE: PROGRAM SUPPORT

$31,000

ST THERESA THE LITTLE FLOWER

PURPOSE: PROGRAM SUPPORT

$20,000

CHRIST UNITED METHODIST

PURPOSE: PROGRAM SUPPORT

$17,000

Memphis, TN

PURPOSE: PROGRAM SUPPORT

$15,000

BETTER CHURCH GOVERNANCE

Org PageRecipient Profile

Washington, DC

PURPOSE: PROGRAM SUPPORT

$12,000

MEMPHIS UNIVERSITY SCHOOL

Org PageRecipient Profile

Memphis, TN

PURPOSE: PROGRAM SUPPORT

$10,000
View Grant Profile

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