M A@rikard Charitable Trust
- Assets
- $2.6m
- Revenue
- $302.5k
- Investments
- $2.4m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 09/2002
- Data as of
- 09/2023
- EIN
- 63-6231842
Organization Overview
M A@rikard Charitable Trust is located in Nashville, 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. M A@rikard 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 09/2023, M A@rikard Charitable Trust generated $302.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $376.1k during the year ending 09/2023. While expenses have increased by 2.6% per year over the past 7 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 2016, M A@rikard Charitable Trust has awarded 389 individual grants totaling $1,793,100. 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 |
|---|---|---|---|
Synovus Trust Company Co-Trustee | 10 | $52,758 | |
Frank A Rikard Co-Trustee | 6 | $12,000 | |
Glenn A Rikard Co-Trustee | 6 | $12,000 | |
Elizabeth R Von Krusenstiern Co-Trustee | 6 | $12,000 | |
John Von Krusenstiern Co-Trustee | 6 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $107,189 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $195,357 |
| Capital Gain Net Income | $195,357 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $302,546 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,758 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,977 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $122,584 |
| Contributions, gifts, grants paid | $253,500 |
| Total expenses and disbursements | $376,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $135,815 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,578,650 |
| 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, M A@rikard Charitable Trust has awarded $253,500 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA CHILDREN'S HOSPITAL FOUNDATION PURPOSE: CHARITABLE | $8,000 |
ALDERWOOD ELEMENTARY SCHOOL PURPOSE: CHARITABLE | $10,000 |
ALZHEIMER'S DISEASE RESEARCH PURPOSE: CHARITABLE | $200 |
AMERICAN HEART ASSOCIATION PURPOSE: CHARITABLE | $200 |
AMERICAN INSTITUTECANCER RESEARCH PURPOSE: CHARITABLE | $200 |
BALDWIN COUNTY HERITAGE MUSEUM PURPOSE: CHARITABLE | $5,000 |