John Willis Mashburn Charitable Trust
- Assets
- $12.0m
- Revenue
- $105.7k
- Investments
- $193.2k
- Employees
- 0
- Location
- Dalton, GA
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 27-3958145
Organization Overview
John Willis Mashburn Charitable Trust is located in Dalton, GA. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. John Willis Mashburn Charitable Trust 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, John Willis Mashburn Charitable Trust generated $105.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (51.1%) each year. All expenses for the organization totaled $575.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John Willis Mashburn Charitable Trust has awarded 35 individual grants totaling $4,321,077. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHITFIELD COUNTY SCHOOLS
WHITFIELD COUNTY SCHOOLS
WHITFIELD/MURRAY COUNTY HISTORICAL SOCIETY
WHITFIELD/MURRAY COUNTY HISTORICAL SOCIETY
WILLIAM & MARY COLLE GE
WILLIAM & MARY COLLE GE
GEORGIA NORTHWESTERN TECH COLLEGE
GEORGIA NORTHWESTERN TECH COLLEGE
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 |
|---|---|---|---|
Sharon Beavers Trustee | 0 | $17,160 | |
Dewey Hughes Trustee | 0 | $17,160 | |
Bonnie Jones Trustee | 0 | $17,160 | |
Carla Ripley Trustee | 0 | $17,160 | |
Mendy Mashburn Trustee | 0 | $17,160 | |
Sharon Beavers Trustee | 0 | $17,160 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $855 |
| Dividends & Interest | $2,165 |
| Net Rental Income | $49,081 |
| Net Gain on Sale of Assets | -$160,483 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $105,692 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $224,754 |
| Total operating and administrative expenses | $319,144 |
| Contributions, gifts, grants paid | $256,283 |
| Total expenses and disbursements | $575,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,291 |
| Savings and temporary cash investments | $0 |
| 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 | $11,696,339 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,972,858 |
| 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, John Willis Mashburn Charitable Trust has awarded $512,566 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
WHITFIELD COUNTY SCHOOLS PURPOSE: NO RESTRICTIONS | $241,830 |
UNIVERSITY OF GEORGIA PURPOSE: SCHOLARSHIPS | $1,000 |
FIRST BAPTIST CHURCH PURPOSE: NO RESTRICTIONS | $1,000 |
GEORGIA INSTITUE OF TECHNOLOGY PURPOSE: SCHOLARSHIPS | $1,000 |
WHITFIELDMURRAY HISTORICAL SOCIETY PURPOSE: SCHOLARSHIP | $5,000 |
WILLIAM & MARY COLLEGE PURPOSE: SCHOLARSHIP | $5,000 |