M L Horton Charitable Tr
- Assets
- $0.0
- Revenue
- $26.3k
- Investments
- $603.6k
- Employees
- 0
- Location
- Tuscaloosa, AL
- Founding
- Data as of
- 12/2020
- EIN
- 61-6606062
Organization Overview
M L Horton Charitable Tr is located in Tuscaloosa, AL. 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. M L Horton 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 12/2020, M L Horton Charitable Tr generated $26.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $43.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $87 |
| Dividends & Interest | $18,793 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,348 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,366 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $18,965 |
| Contributions, gifts, grants paid | $24,420 |
| Total expenses and disbursements | $43,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,609 |
| Investments—mortgage loans | $0 |
| Investments—other | $603,567 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, M L Horton Charitable Tr has awarded $25,444 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Coker, AL PURPOSE: OPERATIONAL | $12,722 |
THE UNIVERSITY OF ALABAMA BOARD OF TRUSTEES OFFICE OF PLANNED GIVING PURPOSE: SCHOLARSHIPS | $12,722 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Ds Foundation Miami, FL | $183,651,055 | $1,385,395 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Elizabeth Morse Genius Foundation Winter Park, FL | $145,557,522 | $11,233,005 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |
Lyndhurst Foundation Inc Chattanooga, TN | $133,731,560 | $17,356,041 |