Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund
- Assets
- $1.1m
- Revenue
- $36.7k
- Investments
- $536.0k
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 61-6025045
Organization Overview
Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund is located in Lexington, KY. The organization was established in 1994. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund 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, Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund generated $36.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $32.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,593 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,088 |
| Capital Gain Net Income | $23,088 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,681 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,845 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,055 |
| Total operating and administrative expenses | $32,882 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $32,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,759 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $584,602 |
| Total assets | $1,134,371 |
| 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, Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund has awarded $133,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN KENTUCKY UNIVERSITY PURPOSE: SCHOLARSHIP | $19,000 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: SCHOLARSHIP | $19,000 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: SCHOLARSHIP | $19,000 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: SCHOLARSHIP | $19,000 |
CENTRE COLLEGE PURPOSE: SCHOLARSHIP | $10,500 |
CENTRE COLLEGE PURPOSE: SCHOLARSHIP | $10,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |