Tillotson-Menlo Charitablefoundation Inc
- Assets
- $11.3m
- Revenue
- $1.1m
- Investments
- $10.5m
- Employees
- 0
- Location
- Menlo, GA
- Founding
- 01/2006
- Data as of
- 12/2021
- EIN
- 20-3918578
Organization Overview
Tillotson-Menlo Charitablefoundation Inc is located in Menlo, GA. The organization was established in 2006. 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. Tillotson-Menlo Charitablefoundation Inc 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, Tillotson-Menlo Charitablefoundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $632.5k during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 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 2016, Tillotson-Menlo Charitablefoundation Inc has awarded 319 individual grants totaling $2,857,198. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PAID FOR THE BENEFIT OF THE CITY OF MENLO,GA AND SURROUNDING AREAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Woods President | 0 | $0 | |
Arch Farrar Secretary | 0 | $0 | |
Paula Buice Director | 0 | $0 | |
Eddie Robertson Vice President | 0 | $0 | |
Bill Alico Director | 0 | $0 | |
Robert Mcwhorter Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,044 |
| Dividends & Interest | $161,468 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $897,559 |
| Capital Gain Net Income | $897,559 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$607 |
| Total Revenue | $1,064,464 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,699 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60,367 |
| Total operating and administrative expenses | $79,566 |
| Contributions, gifts, grants paid | $552,926 |
| Total expenses and disbursements | $632,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $846,242 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,953 |
| 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 | $2,100,791 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,349,167 |
| 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, Tillotson-Menlo Charitablefoundation Inc has awarded $552,926 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
CONSERVATION FUND PURPOSE: PINHOTI TRAIL | $50,000 |
CITY OF MENLO (ADMINISTRATIVE) PURPOSE: ADMINISTRATIVE GRANT ASSISTANT | $33,191 |
Summerville, GA PURPOSE: ANIMAL RESCUE | $25,000 |
CHATTOOGA COUNTY ANIMAL SHELTER PURPOSE: SHELTER IMPROVEMENT | $25,000 |
LEROY MASSEY ELEMENTARY SCHOOL PURPOSE: UPDATE PLAYGROUND | $23,669 |
MENLO FIRE DEPARTMENTCITY OF MENLO PURPOSE: GENERATOR AND FIRE EQUIPMENT | $22,172 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |