Aladdin Industries Foundation Inc
- Assets
- $2.8m
- Revenue
- $254.5k
- Investments
- $2.7m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 05/1964
- Data as of
- 12/2021
- EIN
- 62-0701769
Organization Overview
Aladdin Industries Foundation Inc is located in Nashville, TN. The organization was established in 1964. 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. Aladdin Industries Foundation Inc 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, Aladdin Industries Foundation Inc generated $254.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $158.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Aladdin Industries Foundation Inc has awarded 30 individual grants totaling $334,500. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE FOUNDATION CONTRIBUTES TO ABOUT TEN SEPERATE CHARITIES IN THE UNITED STATES FOR EDUCATION, LEGAL, THE ARTS, AND SOCIAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor S Johnson III Director Part-Time | 0 | $0 | |
Chris Johnson Tyler Director | 0 | $0 | |
Denise O'briant Secretary Part-Time | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $63,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $184,194 |
| Capital Gain Net Income | $184,194 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,030 |
| Total Revenue | $254,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $708 |
| Total operating and administrative expenses | $2,289 |
| Contributions, gifts, grants paid | $156,000 |
| Total expenses and disbursements | $158,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,787,984 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $92,370 |
| Total assets | $2,751,718 |
| 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, Aladdin Industries Foundation Inc has awarded $156,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: CORE, 12.5 EA. BACKPACK PGM, SCHOOL PANTRY PGM. | $30,000 |
Nashville, TN PURPOSE: FUNDING FOR SPECIFIC WISHES SUCH AS TRIPS, ETC. | $25,000 |
Nashville, TN PURPOSE: CAPITAL CAMPAIGN | $25,000 |
Nashville, TN PURPOSE: CAPITAL CAMPAIGN | $20,000 |
THE COMMUNITY FOUNDATION OF MIDDLE TN PURPOSE: TN EMERGENCY RESPONSE FUND | $20,000 |
THE COMMUNITY FOUNDATION OF MIDDLE TN PURPOSE: METRO NASHVILLE DISASTER RESONSE FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |