Tom S & Marye Kate Aldridge Charitable & Educational Trust
- Assets
- $2.2m
- Revenue
- $73.3k
- Investments
- $1.4m
- Employees
- 0
- Location
- Pensacola Beach, FL
- Founding
- 04/1996
- Data as of
- 06/2023
- EIN
- 73-1484075
Organization Overview
Tom S & Marye Kate Aldridge Charitable & Educational Trust is located in Pensacola Beach, FL. The organization was established in 1996. 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. Tom S & Marye Kate Aldridge Charitable & Educational 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 06/2023, Tom S & Marye Kate Aldridge Charitable & Educational Trust generated $73.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $286.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Tom S & Marye Kate Aldridge Charitable & Educational Trust has awarded 82 individual grants totaling $700,137. 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 |
|---|---|---|---|
Jake Aldridge Director | 10 | $0 | |
Tom S Aldridge II Director | 10 | $75,411 | |
Barbara Forrester Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $659 |
| Interest on Savings | $0 |
| Dividends & Interest | $90,158 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,499 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $73,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,411 |
| Other employee salaries and wages | $10,500 |
| Pension plans, employee benefits | $0 |
| Interest | $18,542 |
| Taxes | $28,057 |
| Depreciation | $12,814 |
| Occupancy | $7,321 |
| Travel, conferences, and meetings | $26,165 |
| Printing and publications | $0 |
| Other expenses | $27,798 |
| Total operating and administrative expenses | $209,383 |
| Contributions, gifts, grants paid | $76,700 |
| Total expenses and disbursements | $286,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,549 |
| Savings and temporary cash investments | $146,597 |
| 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 | $566,235 |
| Net Land, buildings, and equipment | $588,924 |
| Other assets | $0 |
| Total assets | $2,191,014 |
| Accounts payable and accrued expenses | $5,785 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $448,260 |
| Other liabilities | $0 |
| Total liabilities | $454,045 |
Grants Awarded
Over the last fiscal year, Tom S & Marye Kate Aldridge Charitable & Educational Trust has awarded $76,700 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CAVETT KIDS FOUNDATION PURPOSE: CHILDREN'S CAMP | $10,000 |
HOME INTEGRATION INC PURPOSE: CHARITABLE - HOME & COMMUNITY BASED PROGRAMMING FOR PERSONS WITH DISABILITIES | $20,000 |
LONE OAK AREA PUBLIC LIBRARY PURPOSE: CHARITABLE - LIBRARY GRANT | $10,000 |
TAKE STOCK IN CHILDREN PURPOSE: CHARITABLE - CHILDRENS' GUARDIAN SPONSOR | $10,000 |
UNIVERSITY OF CENTRAL OKLAHOMA FOUNDATION PURPOSE: CHARITABLE - SCHOLARSHIPS & CAMPS | $13,200 |
UNIVERSITY OF OKLAHOMA FOUNDATION PURPOSE: EDUCATIONAL - COLLEGE OF BUSINESS TOM & MARYE KATE ALDRIDGE BUSINESS SCHOLARSHIP | $13,500 |