L Henrich Trust Fbo Charities
- Assets
- $2.1m
- Revenue
- $222.5k
- Investments
- $2.1m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/1991
- Data as of
- 12/2021
- EIN
- 37-6283098
Organization Overview
L Henrich Trust Fbo Charities is located in Birmingham, AL. The organization was established in 1991. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L Henrich Trust Fbo Charities 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, L Henrich Trust Fbo Charities generated $222.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $157.0k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 6 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 2016, L Henrich Trust Fbo Charities has awarded 15 individual grants totaling $580,629. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,074 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $169,430 |
| Capital Gain Net Income | $169,430 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $222,504 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,796 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27 |
| Total operating and administrative expenses | $31,961 |
| Contributions, gifts, grants paid | $125,064 |
| Total expenses and disbursements | $157,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,362 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,074,248 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,089,610 |
| 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, L Henrich Trust Fbo Charities has awarded $125,064 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Tampa, FL PURPOSE: QUALITY MANAGEMENT | $41,688 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL OPERATING | $41,688 |
AMERICAN HEART ASSOC PURPOSE: GENERAL OPERATING | $41,688 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Enduring Hearts Inc Marietta, GA | $4,514,675 | $1,999,139 |
Live Like Bella Inc Coral Gables, FL | $1,403,532 | $1,545,707 |
Its The Journey Inc Peachtree Corners, GA | $1,468,150 | $837,855 |
Ians Friends Foundation Inc Atlanta, GA | $2,303,183 | $1,075,992 |
The Cancer Foundation Inc Athens, GA | $2,195,862 | $959,444 |
Memorial Health Systems Foundation Inc Daytona Beach, FL | $11,077,264 | $1,174,706 |
Kruzn For A Kure Foundation Muscle Shoals, AL | $522,631 | $578,388 |
Touched By Type 1 Inc Altamonte Springs, FL | $407,632 | $573,412 |
Atlanta Cancer Care Foundation Inc Atlanta, GA | $402,119 | $605,731 |
Ateam Ministries Homewood, AL | $354,192 | $468,389 |
Gist Cancer Research Fund North Miami Beach, FL | $542,121 | $500,625 |
The Foundation For Geriatric Education Murfreesboro, TN | $17,869,406 | $1,227,270 |