Gaynel L Faussell Charitable Tr Ua 4403b
- Assets
- $279.4k
- Revenue
- $8.5k
- Investments
- $262.9k
- Employees
- 0
- Location
- Jackson, MI
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 38-6516668
Organization Overview
Gaynel L Faussell Charitable Tr Ua 4403b is located in Jackson, MI. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2022, Gaynel L Faussell Charitable Tr Ua 4403b generated $8.5k 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 (12.7%) each year. All expenses for the organization totaled $40.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Huntington National Bank Trustee | 2 | $7,570 | |
Philip J Curtis Trustee | 2 | $7,742 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,477 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $7,139 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,477 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,312 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $141 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,869 |
| Contributions, gifts, grants paid | $24,000 |
| Total expenses and disbursements | $40,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,505 |
| 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 | $279,433 |
| 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, Gaynel L Faussell Charitable Tr Ua 4403b has awarded $24,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JACKSON SCHOOL OF ARTS PURPOSE: CAPITAL | $5,000 |
JACKSON SYMPHONY ORCH PURPOSE: OPERATIONS | $3,000 |
MICHIGAN THEATRE JACK PURPOSE: CAPITAL | $5,000 |
RISE ABOVE PURPOSE: OPERATIONS | $3,000 |
JACKSON YMCA PURPOSE: CAPITAL | $5,000 |
FAMILY SERVICE PURPOSE: OPERATIONS | $3,000 |