Triumph Community Development Foundation
- Assets
- $1.2k
- Revenue
- $180.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 07/2017
- Data as of
- 12/2020
- EIN
- 82-1241514
Organization Overview
Triumph Community Development Foundation is located in Memphis, TN. The organization was established in 2017. 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.
For the year ending 12/2020, Triumph Community Development Foundation generated $180.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.3% each year . All expenses for the organization totaled $179.4k during the year ending 12/2020. While expenses have increased by 32.0% per year over the past 4 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 2017, Triumph Community Development Foundation has awarded 46 individual grants totaling $627,236. 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 |
|---|---|---|---|
William J Chase Jr President And Director | 1 | $0 | |
Michael J Mccarver Secretary And Director | 1 | $0 | |
Traci Strickland Director | 1 | $0 | |
Ellen Gantz Director | 1 | $0 | |
Tom Curl Director | 1 | $0 | |
Hannah Mcgraw Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $180,087 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $180,087 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $179,421 |
| Total expenses and disbursements | $179,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,153 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,153 |
| 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, Triumph Community Development Foundation has awarded $308,771 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
BINGHAMPTON CHRISTIAN ACADEMY PURPOSE: GENERAL - OPERATING | $15,500 |
BRANCH OF NASHVILLE INC PURPOSE: GENERAL - OPERATING | $10,500 |
ANGEL STREET PURPOSE: GENERAL - OPERATING | $15,500 |
ADVANCE MEMPHIS PURPOSE: GENERAL - OPERATING | $16,350 |
JUNIOR LEAGUE OF MEMPHIS PURPOSE: GENERAL - OPERATING | $10,500 |
MMC-TADP INC PURPOSE: GENERAL - OPERATING | $8,000 |