John L Harrell & Margarett T Harrell Charitable Tr
- Assets
- $1.5m
- Revenue
- $76.8k
- Investments
- $1.4m
- Employees
- 0
- Location
- Winchester, VA
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 61-6524089
Organization Overview
John L Harrell & Margarett T Harrell Charitable Tr is located in Winchester, VA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. John L Harrell & Margarett T Harrell Charitable 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 12/2022, John L Harrell & Margarett T Harrell Charitable Tr generated $76.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (33.8%) each year. All expenses for the organization totaled $166.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John L Harrell & Margarett T Harrell Charitable Tr has awarded 120 individual grants totaling $819,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,034 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,769 |
| Capital Gain Net Income | $42,769 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $76,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,306 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $30,856 |
| Contributions, gifts, grants paid | $136,000 |
| Total expenses and disbursements | $166,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,614 |
| 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 | $1,431,815 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,537,429 |
| 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, John L Harrell & Margarett T Harrell Charitable Tr has awarded $136,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: ADVANCE THE MISSION OF THE CHARITABLE ORGANIZATION | $6,000 |
BLUE RIDGE HOSPICE INC PURPOSE: ADVANCE THE MISSION OF THE CHARITABLE ORGANIZATION | $6,000 |
CITY OF WINCHESTER PUBLIC SCHOOLS PURPOSE: ADVANCE THE MISSION OF THE CHARITABLE ORGANIZATION | $11,000 |
BRIGHT FUTURES - FREDERICKWINCHESTER PURPOSE: ADVANCE THE MISSION OF THE CHARITABLE ORGANIZATION | $4,000 |
DENTAL CLINIC OF NORTHERN SHENANDOAH VALLEY PURPOSE: ADVANCE THE MISSION OF THE CHARITABLE ORGANIZATION | $5,000 |
C-CAP OF WINCHESTER PURPOSE: ADVANCE THE MISSION OF THE CHARITABLE ORGANIZATION | $6,000 |