Cecile C Craig Charitable Test Tr is located in Tuscaloosa, AL. The organization was established in 1995. 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. Cecile C Craig Charitable Test Tr 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 12/2021, Cecile C Craig Charitable Test Tr generated $57.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $50.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cecile C Craig Charitable Test Tr has awarded 17 individual grants totaling $102,500. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $8,787 |
Dividends & Interest | $14,890 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $33,562 |
Capital Gain Net Income | $33,562 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $57,239 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $8,314 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $450 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $579 |
Total operating and administrative expenses | $13,141 |
Contributions, gifts, grants paid | $37,500 |
Total expenses and disbursements | $50,641 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $13,751 |
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 | $708,017 |
Net Land, buildings, and equipment | $0 |
Other assets | $440 |
Total assets | $722,208 |
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 |
Over the last fiscal year, Cecile C Craig Charitable Test Tr has awarded $20,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
COMMUNITY SOUP BOWL PURPOSE: OPERATIONAL NEEDS | $5,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: OPERATIONAL NEEDS | $10,000 |
FRIENDS OF HISTORIC NORTHPORT PURPOSE: OPERATIONAL NEEDS | $5,000 |