Fred A Vaughn Trust
- Assets
- $699.0k
- Revenue
- $59.2k
- Investments
- $125.2k
- Employees
- 0
- Location
- Columbiana, AL
- Founding
- 01/1989
- Data as of
- 12/2023
- EIN
- 63-6145207
Organization Overview
Fred A Vaughn Trust is located in Columbiana, AL. The organization was established in 1989. 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. Fred A Vaughn 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 12/2023, Fred A Vaughn Trust generated $59.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $76.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fred A Vaughn Trust has awarded 28 individual grants totaling $526,727. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lw Godbold Trustee | 0 | $0 | |
Donald M Mcleod Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $928 |
| Dividends & Interest | $12,640 |
| Net Rental Income | $38,892 |
| Net Gain on Sale of Assets | $3,475 |
| Capital Gain Net Income | $3,475 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,199 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,264 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,630 |
| Total operating and administrative expenses | $5,894 |
| Contributions, gifts, grants paid | $70,350 |
| Total expenses and disbursements | $76,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,448 |
| Savings and temporary cash investments | $346,264 |
| 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 | $167,110 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $698,985 |
| 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, Fred A Vaughn Trust has awarded $70,350 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PINE HILL UNITED METHODIST CHURCH PURPOSE: CHURCH SUPPORT | $23,450 |
PINE HILL BAPTIST CHURCH PURPOSE: CHURCH SUPPORT | $23,450 |
SUNNY SOUTH BAPTIST CHURCH PURPOSE: CHURCH SUPPORT | $23,450 |