Tennessee Christian Medical Foundation Inc
- Assets
- $1.3m
- Revenue
- $66.5k
- Investments
- $1.2m
- Employees
- 0
- Location
- Madison, TN
- Founding
- 03/2008
- Data as of
- 12/2021
- 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 12/2021, Tennessee Christian Medical Foundation Inc generated $66.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $71.4k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tennessee Christian Medical Foundation Inc has awarded 55 individual grants totaling $339,294. 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 | |
Jack Benz Director | 1.5 | $0 | |
Candace Foreman Secretary | 4 | $0 | |
Margaret Wall Treasurer | 3 | $0 | |
Reggie Grimes Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,507 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,946 |
| Capital Gain Net Income | $22,532 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,453 |
| 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 | $8,931 |
| Total operating and administrative expenses | $10,181 |
| Contributions, gifts, grants paid | $61,221 |
| Total expenses and disbursements | $71,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,662 |
| 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 | $1,254,468 |
| 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 $61,221 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Madison, TN PURPOSE: CHARITABLE | $10,000 |
Hermitage, TN PURPOSE: CHARITABLE | $8,500 |
Nashville, TN PURPOSE: CHARITABLE | $8,000 |
MIDDLE TN SCHOOL OF ANESTHESIA PURPOSE: CHARITABLE | $7,500 |
BEGIN ANEW FORMERING CWJC PURPOSE: CHARITABLE | $5,000 |
SALVUS CENTER INC PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Schoolseed Foundation Memphis, TN | $5,107,519 | $7,793,603 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Skillsource Group Inc Vienna, VA | $1,796,857 | $6,906,902 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Camino Community Development Corporation Inc Charlotte, NC | $3,342,143 | $5,457,630 |