Cal Turner Family Foundation Inc
- Assets
- $42.1m
- Revenue
- $7.9m
- Investments
- $39.9m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 01/2009
- Data as of
- 12/2021
- EIN
- 26-2886973
Organization Overview
Cal Turner Family Foundation Inc is located in Nashville, TN. The organization was established in 2009. 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. Cal Turner Family Foundation 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, Cal Turner Family Foundation Inc generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $5.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cal Turner Family Foundation Inc has awarded 60 individual grants totaling $14,472,636. 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 |
|---|---|---|---|
H Calister Turner Jr President/member | 1 | $0 | |
Hurley C Turner IV Director | 1 | $0 | |
Will Turner Director | 1 | $0 | |
William Alderson Assistant Secretary | 1 | $0 | |
Alex Turner Secretary/director | 1 | $0 | |
Brad Winstead Assistant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $911 |
| Dividends & Interest | $1,228,874 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,675,439 |
| Capital Gain Net Income | $6,675,439 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$7,384 |
| Total Revenue | $7,897,840 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $507,349 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $581,019 |
| Total operating and administrative expenses | $1,272,939 |
| Contributions, gifts, grants paid | $4,001,600 |
| Total expenses and disbursements | $5,274,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,149,034 |
| Net Accounts receivable | $47,587 |
| 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 | $27,751,789 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $42,063,130 |
| 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, Cal Turner Family Foundation Inc has awarded $6,903,318 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: CAPITAL CAMPAIGN CHALLENGE GRANT | $1,000,000 |
Nashville, TN PURPOSE: TURNER FAMILY CENTER FOR SOCIAL VENTURES | $1,000,000 |
YMCA OF MIDDLE TENNESSEE PURPOSE: CAPITAL SUPPORT FOR THE MARGARET BURNETT TURNER CENTER | $840,000 |
YMCA OF MIDDLE TENNESSEE PURPOSE: CAPITAL SUPPORT FOR THE MARGARET BURNETT TURNER CENTER | $830,000 |
YMCA OF MIDDLE TENNESSEE PURPOSE: CAPITAL SUPPORT FOR THE MARGARET BURNETT TURNER CENTER | $830,000 |
Oxnard, CA PURPOSE: DOCUMENTARY FILM 'A VETERAN'S HEART' | $250,000 |
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 |