Patriot Foundation Trust
- Assets
- $809.4k
- Revenue
- $80.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 02-6180017
Organization Overview
Patriot Foundation Trust is located in Chattanooga, TN. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patriot 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 12/2021, Patriot Foundation Trust generated $80.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $96.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Patriot Foundation Trust has awarded 46 individual grants totaling $813,836. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE TRUST IS TO BE AN ADVOCATE FOR ESSENTIAL LIBERTY, THE RESTORATION OF CONSTITUTIONAL LIMITS ON GOVERNMENT AND THE JUDICIARY, AND TO PROMOTE FREE ENTERPRISE, NATIONAL DEFENSE AND TRADITIONAL AMERICAN VALUES. OUR OBJECTIVE IS TO RESTORE THE PRINCIPLES OF LIBERTY AS ESPOUSED BY OUR FOUNDERS, AS ORIGINALLY SET FORTH IN OUR DECLARATION OF INDEPENDENCE AND THE UNITED STATES CONSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION STRIVES TO PROMOTE THEIR MISSION THROUGH PROVIDING SCHOLARSHIPS TO QUALIFIED STUDENTS COMMITTED TO PROMOTING THE ADVANCEMENT OF THE PRINCIPLES OF THE FOUNDATION.
THE FOUNDATION MAKES GRANTS TO OTHER TAX EXEMPT ORGANIZATIONS TO PROMOTE THE ADVANCEMENT OF SUCH PRINCIPLES.
THE FOUNDATION ALSO PRESENTS SPEAKERS AND OTHER PROGRAMS WHO PROMOTE THE PRINCIPLES OF THE FOUNDATION AND PROVIDES WRITTEN MATERIALS TO PROVIDE INDIVIDUALS WITH A TIMELY, INFORMATIVE, AND RELIABLE SURVEY AND ANALYSIS OF THE NATION'S MOST SIGNIFICANT NEWS, POLICY, AND OPINION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark A Caldwell Jr Secretary | OfficerTrustee | 3 | $0 |
Kay Tyson Caldwell Treasurer | OfficerTrustee | 3 | $0 |
Ann Marie Caldwell Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,876 |
| Total Program Service Revenue | $0 |
| Investment income | $1,560 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $56,118 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,554 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $81,800 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,669 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $96,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,728 |
| Savings and temporary cash investments | $20,491 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $577,233 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $207,948 |
| Total assets | $809,400 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $809,400 |
| Total liabilities and net assets/fund balances | $809,400 |
Grants Awarded
Over the last fiscal year, Patriot Foundation Trust has awarded $63,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Flintstone, GA PURPOSE: PROGRAM SUPPORT | $25,000 |
Chattanooga, TN PURPOSE: SCHOLARSHIP FUND | $17,500 |
Chattanooga, TN PURPOSE: PROGRAM SUPPORT | $11,000 |
Chattanooga, TN PURPOSE: GENERAL OPERATIONS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Patriot Foundation Trust has recieved totaling $3,085.
| Awarding Organization | Amount |
|---|---|
Woodhouse Family Foundation Houston, TX PURPOSE: AFFIRM INDIVIDUAL LIBERTY, ADVOCATING FOR RESTORATION OF CONSTITUTIONAL LIMITS ON GOVERMENT AND THE JUDICIARY, AND PROMOTING FREE ENTERPRISE, NATIONAL DEFENSE AND TRADITIONAL AMERICAN VALUES | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Nashville Christian Schools Inc Nashville, TN | $15,861,527 | $11,380,929 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |
International Charter School Of Atlanta Inc Roswell, GA | $16,008,030 | $10,022,654 |
Miller School Of Albermarle Charlottesville, VA | $35,553,057 | $8,965,798 |
United States Public Policy Council Mc Lean, VA | $515,116 | $8,099,974 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Global Service Network Inc Apex, NC | $3,942,579 | $9,338,562 |
Community Action Agency Of South Alabama Daphne, AL | $2,794,375 | $8,517,867 |
Memphis Rise Academy Inc Memphis, TN | $16,603,150 | $9,374,095 |
Gaston Christian Schools Inc Gastonia, NC | $18,086,677 | $10,176,394 |
A Plus Education Partnership Montgomery, AL | $5,680,033 | $9,890,128 |