Patricia & Louis Todd Family Foundation Trust
- Assets
- $4.8m
- Revenue
- $263.2k
- Investments
- $4.7m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 02/2018
- Data as of
- 09/2023
- EIN
- 82-2032054
Organization Overview
Patricia & Louis Todd Family Foundation Trust is located in Nashville, TN. The organization was established in 2018. 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. Patricia & Louis Todd Family Foundation 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, Patricia & Louis Todd Family Foundation Trust generated $263.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $877.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Patricia & Louis Todd Family Foundation Trust has awarded 152 individual grants totaling $1,936,913. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia T Kelly Trustee | 0 | $0 | |
Louis B Todd III Trustee | 0 | $0 | |
James H Todd Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,735 |
| Dividends & Interest | $132,681 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $119,919 |
| Capital Gain Net Income | $119,919 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,826 |
| Total Revenue | $263,161 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,569 |
| Depreciation | $3,166 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $94,488 |
| Printing and publications | $0 |
| Other expenses | $1,802 |
| Total operating and administrative expenses | $159,217 |
| Contributions, gifts, grants paid | $718,500 |
| Total expenses and disbursements | $877,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,080 |
| 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 | $24,976 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,820,958 |
| 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, Patricia & Louis Todd Family Foundation Trust has awarded $718,500 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXANDER THARPE FUND PURPOSE: CONTRIBUTION | $5,500 |
AMERICAN RED CROSS PURPOSE: CONTRIBUTION | $5,000 |
ATLANTA AREA COUNCIL PURPOSE: CONTRIBUTION | $21,500 |
ATLANTA SYMPHONY ORCHESTRA PURPOSE: CONTRIBUTION | $1,000 |
BENTON MCKAYE TRAIL ASSOC PURPOSE: CONTRIBUTION | $1,000 |
CAMP RIVA LAKE PURPOSE: CONTRIBUTION | $10,000 |