Trailsend Foundation
- Assets
- $118.8m
- Revenue
- $16.7m
- Investments
- $115.5m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/1973
- Data as of
- 12/2021
- EIN
- 23-7256190
Organization Overview
Trailsend Foundation is located in Atlanta, GA. The organization was established in 1973. 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. Trailsend 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 12/2021, Trailsend Foundation generated $16.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $6.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Trailsend Foundation has awarded 115 individual grants totaling $19,137,300. 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 |
|---|---|---|---|
James C Kennedy Chair/trustee | 0.4 | $0 | |
Blair Parry-Okeden President/trustee | 0.4 | $0 | |
Nancy K Rigby Treasurer/secretary | 5 | $0 | |
Barbara K Harty Vice President/trustee | 0.4 | $0 | |
Andrew Parry-Okeden Vice President/trustee | 0.4 | $0 | |
John M Dyer Vice President/trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,349,304 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,998,602 |
| Capital Gain Net Income | $12,998,602 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $339,014 |
| Total Revenue | $16,686,920 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $228,003 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,366 |
| Total operating and administrative expenses | $1,115,039 |
| Contributions, gifts, grants paid | $5,065,000 |
| Total expenses and disbursements | $6,180,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,186,180 |
| 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 | $23,137,451 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $120,657 |
| Total assets | $118,817,898 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $625,000 |
| 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 | $625,000 |
Grants Awarded
Over the last fiscal year, Trailsend Foundation has awarded $6,615,000 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: SUPPORT IMMUNOTHERAPY RESEARCH | $1,250,000 |
Honolulu, HI PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
Rochester, MN PURPOSE: CAPITAL CAMPAIGN SUPPORT | $1,000,000 |
WESTMEAD HOSPITAL FOUNDATION PURPOSE: SUPPORT ADVANCING RESEARCH, EDUCATION AND CARE FOR KIDNEY AND PANCREAS TRANSPLANT RECIPIENTS | $500,000 |
Santa Monica, CA PURPOSE: IMMUNOTHERAPY AND VA PRECISION ONCOLOGY SUPPORT | $500,000 |
HUNTER MEDICAL RESEARCH INSTITUTE PURPOSE: SUPPORT FOR ADVANCED OUT-OF-HOSPITAL CARE INITIATIVE | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Drs Bruce & Lee Foundation Florence, SC | $254,078,574 | $12,559,871 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Mary Reynolds Babcock Foundation Incorporated Winstonsalem, NC | $253,832,619 | $55,868,843 |