Adolph Thomas Charitable Trust
- Assets
- $2.8m
- Revenue
- $37.6k
- Investments
- $2.6m
- Employees
- 0
- Location
- Batesville, AR
- Founding
- 02/2008
- Data as of
- 06/2024
- EIN
- 71-6148059
Organization Overview
Adolph Thomas Charitable Trust is located in Batesville, AR. The organization was established in 2008. 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. Adolph Thomas 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 06/2024, Adolph Thomas Charitable Trust generated $37.6k 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 (18.7%) each year. All expenses for the organization totaled $197.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Adolph Thomas Charitable Trust has awarded 30 individual grants totaling $19,882,460. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,633 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,617 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,026 |
| Contributions, gifts, grants paid | $162,245 |
| Total expenses and disbursements | $197,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,477 |
| Savings and temporary cash investments | $0 |
| 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 | $3,667 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,833,426 |
| 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, Adolph Thomas Charitable Trust has awarded $162,245 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS SHERIFFS YOUTH RANCHES PURPOSE: ANNUAL GRANT | $142,245 |
FORREST LAWN RURAL CEMETERY DISTRICT PURPOSE: ANNUAL GRANT | $10,000 |
HAZEN UNITED METHODIST CHURCH PURPOSE: ANNUAL GRANT | $10,000 |