The Bantly Charitable Trust
- Assets
- $322.7k
- Revenue
- $10.1k
- Investments
- $301.0k
- Employees
- 0
- Location
- Buckhead, GA
- Founding
- 12/1985
- Data as of
- 12/2023
- EIN
- 58-1637392
Organization Overview
The Bantly Charitable Trust is located in Buckhead, GA. The organization was established in 1985. 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. Bantly Charitable 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 12/2023, Bantly Charitable Trust generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $37.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bantly Charitable Trust has awarded 32 individual grants totaling $156,165. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
WASHINGTON UNIVERSITY SCHOOL OF MEDICINE CHARLES ZORUMSKI
RIO GRANDE BIBLE INSTITUTE ARIEL BARRIONEUVO
JILLIAN MITCHELL RELIGIOUS GRANT
GRACE EVANGELICAL LUTHERAN CHURCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas W Bantly Trustee | 1 | $0 | |
Cherie Bantly Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $15,855 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,720 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $451 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,721 |
| Total operating and administrative expenses | $5,072 |
| Contributions, gifts, grants paid | $32,120 |
| Total expenses and disbursements | $37,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,688 |
| 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 | $33,220 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $322,711 |
| 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, The Bantly Charitable Trust has awarded $32,120 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JILLIAN MITCHELL PURPOSE: RELIGIOUS GRANT | $6,000 |
CHRIS LASKEY PURPOSE: RELIGIOUS GRANT | $2,920 |
GRACE EVANGELICAL LUTHERAN CHURCH PURPOSE: RELIGIOUS GRANT | $5,000 |
RIO GRANDE BIBLE INSTITUTE PURPOSE: RELIGIOUS STUDY GRANT ARIEL BARRIONUEVO& BIBLE | $7,200 |
ARIEL BARRIONUEVO PURPOSE: RELIGIOUS GRANTMEDICAL EXPENSE | $500 |
WASHINGTON UNIVERSITY SCHOOL OF MED PURPOSE: EDUCATIONAL - SCIENTIFIC GRANT CHARLES ZORUMSKI | $7,500 |