Tennessee Christian Medical Foundation Inc
- Assets
- $1.0m
- Revenue
- $52.5k
- Investments
- $985.4k
- Employees
- 0
- Location
- Madison, TN
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 32-0172955
Organization Overview
Tennessee Christian Medical Foundation Inc is located in Madison, TN. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public 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. Tennessee Christian Medical 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 12/2022, Tennessee Christian Medical Foundation Inc generated $52.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $73.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tennessee Christian Medical Foundation Inc has awarded 65 individual grants totaling $402,060. 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 B Closser President | 4 | $0 | |
Garry Forsythe Vice Preside | 3 | $0 | |
Candace Foreman Secretary | 4 | $0 | |
Margaret Wall Treasurer | 3 | $0 | |
Jack Benz Director | 1.5 | $0 | |
Jimmy Batten Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,138 |
| Capital Gain Net Income | $13,538 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $52,459 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $8,207 |
| Total operating and administrative expenses | $10,777 |
| Contributions, gifts, grants paid | $62,766 |
| Total expenses and disbursements | $73,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,129 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,011,554 |
| 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, Tennessee Christian Medical Foundation Inc has awarded $62,766 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ANDREW JACKSON FOUNDATION PURPOSE: CHARITABLE | $9,000 |
BEGIN ANEW FORMERING CWJC PURPOSE: CHARITABLE | $5,000 |
KINGS DAUGHTER DAY HOME PURPOSE: CHARITABLE | $12,000 |
MENDING HEARTS INC PURPOSE: CHARITABLE | $4,000 |
PROJECT CONNECT NASHVILLE PURPOSE: CHARITABLE | $5,500 |
SALVUS CENTER INC PURPOSE: CHARITABLE | $5,000 |