Joe W Ingram Trust
- Assets
- $15.2m
- Revenue
- $658.5k
- Investments
- $9.0m
- Employees
- 0
- Location
- Salisbury, MO
- Founding
- 08/1963
- Data as of
- 12/2021
- EIN
- 44-6006475
Organization Overview
Joe W Ingram Trust is located in Salisbury, MO. The organization was established in 1963. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Joe W Ingram 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 12/2021, Joe W Ingram Trust generated $658.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Joe W Ingram Trust has awarded 22 individual grants totaling $6,026,535. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
VALEDICTORIAN, SALUTORIAN & HIGH CLASS RANK SCHOLARSHIP GRANTS TO GRADUATING SENIORS OF CHARITON, COUNTY, MO HIGH SCHOOLS; 45 GRANTS MADE DURING 2021.
STUDENT LOANS/GRANTS FOR EDUCATIONAL STUDY (DUAL CREDIT - HIGH SCHOOL & COLLEGE); APPROXIMATELY 97 NEW LOANS/GRANTS MADE DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sturm Co-Trustee | 0 | $18,933 | |
John Ratliff Co-Trustee | 0 | $8,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,420 |
| Dividends & Interest | $318,519 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $184,365 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $154,239 |
| Total Revenue | $658,543 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,333 |
| Other employee salaries and wages | $28,596 |
| Pension plans, employee benefits | $2,188 |
| Interest | $0 |
| Taxes | $9,384 |
| Depreciation | $0 |
| Occupancy | $3,733 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,553 |
| Total operating and administrative expenses | $137,373 |
| Contributions, gifts, grants paid | $887,366 |
| Total expenses and disbursements | $1,024,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $956,199 |
| Savings and temporary cash investments | $51,606 |
| 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 | $5,130,057 |
| 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 | $4,011 |
| Other assets | $10,804 |
| Total assets | $15,198,002 |
| 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 | $1,946 |
| Total liabilities | $1,946 |
Grants Awarded
Over the last fiscal year, Joe W Ingram Trust has awarded $887,366 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY GRANTS - SEE ATTACHED PURPOSE: VARIOUS EDUCATIONAL | $849,848 |
STUDENT SCHOLARSHIP GRANTS - SEE ATTACHED PURPOSE: GRANTS/SCHOLARSHIPS | $27,250 |
DUAL CREDIT LOANS - SEE ATTACHED PURPOSE: STUDENT LOANS/GRANTS | $10,268 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Joseph W Craft Iii Foundation Tulsa, OK | $111,776,138 | $19,434,208 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Saul Zaentz Charitable Foundation Glenview, IL | $31,204,978 | $8,995,660 |
The John And Kathleen Schreiber Foundation Lake Forest, IL | $89,899,268 | $85,376,815 |