Hayes Family Charitable Tr
- Assets
- $10.2m
- Revenue
- $297.7k
- Investments
- $9.8m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 02/2008
- Data as of
- 12/2022
- EIN
- 26-6155281
Organization Overview
Hayes Family Charitable Tr is located in Charlotte, NC. The organization was established in 2008. 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. Hayes Family Charitable Tr 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, Hayes Family Charitable Tr generated $297.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $624.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hayes Family Charitable Tr has awarded 118 individual grants totaling $1,820,686. 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 |
|---|---|---|---|
Robert C Hayes Jr President/trustee | 1 | $0 | |
Robin Hayes Chair | 1 | $0 | |
Winslow Hayes Galloway Secretary/treasurer/trustee | 1 | $0 | |
Barbara W Hayes Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation For The Carolinas | 12/30/22 | $76,025 |
Morgan Stanley | 12/30/22 | $75,065 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $268,691 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,763 |
| Capital Gain Net Income | $24,763 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,250 |
| Total Revenue | $297,704 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,690 |
| Total operating and administrative expenses | $163,680 |
| Contributions, gifts, grants paid | $460,686 |
| Total expenses and disbursements | $624,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,137 |
| Savings and temporary cash investments | $385,463 |
| 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 | $305,817 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,187,530 |
| Accounts payable and accrued expenses | $6,628 |
| Grants payable | $8,500 |
| 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 | $15,128 |
Grants Awarded
Over the last fiscal year, Hayes Family Charitable Tr has awarded $469,186 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
CROSS THE DIVIDE PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
FOCUS ON THE FAMILY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
ROWAN COUNTY PREGNANCY COUNSELING CENTER INC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
BLACK MOUNTAIN HOME FOR CHILDREN YOUTH & FAMILIES INC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
WALLBUILDER PRESENTATIONS PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
BRIDGE TO RECOVERY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |