Arthur E & Roberta M Yates Charitable Foundation Tr
- Assets
- $8.2m
- Revenue
- $283.3k
- Investments
- $8.0m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 07/2016
- Data as of
- 12/2023
- EIN
- 58-6350586
Organization Overview
Arthur E & Roberta M Yates Charitable Foundation Tr is located in Birmingham, AL. The organization was established in 2016. 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. Arthur E & Roberta M Yates Charitable Foundation Tr 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, Arthur E & Roberta M Yates Charitable Foundation Tr generated $283.3k 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 (21.5%) each year. All expenses for the organization totaled $497.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Arthur E & Roberta M Yates Charitable Foundation Tr has awarded 20 individual grants totaling $2,209,716. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Dana Trustee | 1 | $0 | |
Regions Bank Trust Dept Trustee | 1 | $68,510 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $216,742 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $66,548 |
| Capital Gain Net Income | $66,548 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $283,290 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $68,510 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,186 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,769 |
| Total operating and administrative expenses | $79,665 |
| Contributions, gifts, grants paid | $417,564 |
| Total expenses and disbursements | $497,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $197,576 |
| 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 | $8,005,031 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,202,607 |
| 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, Arthur E & Roberta M Yates Charitable Foundation Tr has awarded $417,564 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST CHURCH - EPISCOPAL TREASURER PURPOSE: GENERAL OPERATING | $104,391 |
CHURCH OF THE NATIVITY ATTENTION PURPOSE: GENERAL OPERATING | $104,391 |
CHICKAMAUGA CITY SCHOOLS PURPOSE: GENERAL OPERATING | $104,391 |
THE UNIVERSITY OF TN FOUNDATION PURPOSE: GENERAL OPERATING | $104,391 |