Mike Curb Foundation
- Assets
- $22.9m
- Revenue
- $3.2m
- Investments
- $14.2m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 12/1998
- Data as of
- 07/2021
- EIN
- 95-4686920
Organization Overview
Mike Curb Foundation is located in Nashville, TN. The organization was established in 1998. 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. Mike Curb Foundation 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 07/2021, Mike Curb Foundation generated $3.2m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.6m during the year ending 07/2021. While expenses have increased by 6.7% per year over the past 3 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 2021, Mike Curb Foundation has awarded 19 individual grants totaling $2,017,075. 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 |
|---|---|---|---|
Michael C Curb President And Director | 2 | $0 | |
Linda Curb Director | 3 | $0 | |
Tracy Moore Director And Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,347,000 |
| Interest on Savings | $135,796 |
| Dividends & Interest | $176,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $510,715 |
| Capital Gain Net Income | $510,715 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,968 |
| Total Revenue | $3,183,283 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67,826 |
| Depreciation | $168,027 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $105,143 |
| Total operating and administrative expenses | $569,069 |
| Contributions, gifts, grants paid | $2,017,075 |
| Total expenses and disbursements | $2,586,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,752 |
| Savings and temporary cash investments | $178,980 |
| 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 | $549,000 |
| Net Land, buildings, and equipment | $8,421,132 |
| Other assets | $24,705 |
| Total assets | $22,902,932 |
| 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, Mike Curb Foundation has awarded $2,017,075 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Rapids, MI PURPOSE: GENERAL | $300,000 |
TENNESSEE STATE MUSEUM FDN PURPOSE: GENERAL | $300,000 |
NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC PURPOSE: GENERAL | $250,000 |
SAINT THOMAS HEALTH FOUNDATION PURPOSE: GENERAL | $150,000 |
Simi Valley, CA PURPOSE: GENERAL | $140,000 |
Nashville, TN PURPOSE: GENERAL | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Claude And Betty Harris Foundation Inc Louisville, KY | $58,528,117 | $25,952,323 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |