Ramsey Family Foundation Trust
- Assets
- $821.6k
- Revenue
- $6.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 27-4314234
Organization Overview
Ramsey Family Foundation Trust is located in Franklin, TN. The organization was established in 2012. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Ramsey Family Foundation 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, Ramsey Family Foundation Trust generated $6.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (51.6%) each year. All expenses for the organization totaled $827.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ramsey Family Foundation Trust has awarded 313 individual grants totaling $3,488,295. 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
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David L Ramsey III Trustee | 1 | $0 | |
Sharon Ramsey Trustee | 1 | $0 | |
Denise Whittemore Executive Director | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,834 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,834 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $292,582 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $88,359 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,201 |
| Total operating and administrative expenses | $418,632 |
| Contributions, gifts, grants paid | $409,100 |
| Total expenses and disbursements | $827,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,372 |
| Savings and temporary cash investments | $811,895 |
| 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 | $1,311 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $821,578 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $106,318 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $106,318 |
Grants Awarded
Over the last fiscal year, Ramsey Family Foundation Trust has awarded $409,100 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
413 STRONG PURPOSE: GENERAL FUND | $20,000 |
BIG OAK RANCH PURPOSE: GENERAL FUND | $5,000 |
BOTH HANDS FOUNDATION PURPOSE: GENERAL FUND | $15,000 |
AMAZIMA MINISTRIES PURPOSE: GENERAL FUND | $5,000 |
CABO ENGLISH CHURCH MBC PURPOSE: GENERAL FUND | $5,000 |
END SLAVERY TN PURPOSE: GENERAL FUND | $15,000 |