Dan And Margaret Maddox Charitable Fund
- Assets
- $41.2m
- Revenue
- $3.7m
- Investments
- $38.2m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 04/1970
- Data as of
- 12/2022
- EIN
- 23-7017790
Organization Overview
Dan And Margaret Maddox Charitable Fund is located in Nashville, TN. The organization was established in 1970. 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. Dan And Margaret Maddox Charitable Fund 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 12/2022, Dan And Margaret Maddox Charitable Fund generated $3.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 0.2% per year over the past 8 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 2014, Dan And Margaret Maddox Charitable Fund has awarded 632 individual grants totaling $16,227,557. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mollie Sehring Chair | 1 | $0 | |
Jamaal Sheats Vice-Chair | 1 | $0 | |
Tommye Maddox Secretary/treasurer | 1 | $0 | |
Cathy Bender Trustee | 1 | $0 | |
Indira Dammu Trustee | 1 | $0 | |
Ana Escobar Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $186,657 |
| Dividends & Interest | $629,706 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,512,326 |
| Capital Gain Net Income | $2,512,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $324,760 |
| Total Revenue | $3,653,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $249,943 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $28,157 |
| Interest | $0 |
| Taxes | $147,496 |
| Depreciation | $600 |
| Occupancy | $14,736 |
| Travel, conferences, and meetings | $13,323 |
| Printing and publications | $0 |
| Other expenses | $673,766 |
| Total operating and administrative expenses | $1,194,207 |
| Contributions, gifts, grants paid | $1,860,470 |
| Total expenses and disbursements | $3,054,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,016,653 |
| 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 | $35,324,253 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $41,191,776 |
| 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, Dan And Margaret Maddox Charitable Fund has awarded $1,860,470 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
100 BLACK MEN OF MIDDLE TENNESSEE PURPOSE: TO PROVIDE CORE MISSION SUPPORT. | $40,000 |
AMERICAN BAPTIST COLLEGE PURPOSE: TO SUPPORT THE SOCIAL JUSTICE, EQUITY, ADVOCACY AND LEADERSHIP INITIATIVE | $18,500 |
AWAKE PURPOSE: TO SUPPORT PARTICIPATION | $8,000 |
AMERICAN MUSLIM ADVISORY COUNCIL PURPOSE: TO SUPPORT THE YOUTH LEADERSHIP PROGRAM AND MUSLIM YOUTH. | $24,500 |
BETHLEHEM CENTERS OF NASHVILLE PURPOSE: TO PROVIDE COVID-RELATED SAFETY EQUIPMENT | $13,000 |
BIG BROTHERSBIG SISTERS OF MID-TN PURPOSE: TO PROVIDE CORE MISSION SUPPORT. | $30,000 |