Gillespie Fam Charity Tr
- Assets
- $321.5k
- Revenue
- $12.1k
- Investments
- $297.4k
- Employees
- 0
- Location
- Russellville, AR
- Founding
- 03/1992
- Data as of
- 12/2022
- EIN
- 71-6145471
Organization Overview
Gillespie Fam Charity Tr is located in Russellville, AR. The organization was established in 1992. 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. Gillespie Fam Charity 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 12/2022, Gillespie Fam Charity Tr generated $12.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $19.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gillespie Fam Charity Tr has awarded 193 individual grants totaling $117,514. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENT OF SCHOLARSHIPS
CONTRIBUTION TO ST JOHNS CATHOLIC CHURCH
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,394 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,656 |
| Capital Gain Net Income | $4,416 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,050 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,119 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $219 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,113 |
| Contributions, gifts, grants paid | $14,836 |
| Total expenses and disbursements | $19,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,065 |
| 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 | $297,390 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $321,455 |
| Accounts payable and accrued expenses | $132 |
| 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 | $132 |
Grants Awarded
Over the last fiscal year, Gillespie Fam Charity Tr has awarded $14,836 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN'S CATHOLIC PURPOSE: CONTRIBUTION | $336 |
MIKALYEE WIGGINS PURPOSE: SCHOLARSHIP | $1,000 |
DESTINY CARR PURPOSE: SCHOLARSHIP | $1,000 |
LUKE BELDIN PURPOSE: SCHOLARSHIP | $1,000 |
MAGGIE GREGORY PURPOSE: SCHOLARSHIP | $1,000 |
TYLER RUSHING PURPOSE: SCHOLARSHIP | $1,000 |