Christy-Houston Foundation Inc
- Assets
- $105.8m
- Revenue
- $10.2m
- Investments
- $104.6m
- Employees
- 0
- Location
- Murfreesboro, TN
- Founding
- 03/1987
- Data as of
- 12/2021
- EIN
- 62-1280998
Organization Overview
Christy-Houston Foundation Inc is located in Murfreesboro, TN. The organization was established in 1987. 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. Christy-Houston 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, Christy-Houston Foundation Inc generated $10.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $4.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Christy-Houston Foundation Inc has awarded 230 individual grants totaling $31,864,706. 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:
NOT APPLICABLE - THE FOUNDATION ONLY MAKES GRANTS TO OTHERQUALIFYING CHARITABLE ORGANIZATIONS OR GOVERNMENTAL UNITSFOR USE IN OR FOR THE BENEFIT OF CITIZENS OF RUTHERFORD COUNTY, TENNESSEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne C Davis President | 36 | $136,500 | |
Robert B Mifflin Retired Pres. | 0 | $36,000 | |
Pamela Kious Chairman | 1 | $4,640 | |
H Laws Mccullough Director | 1 | $3,700 | |
Mark Follis Director | 1 | $3,300 | |
G Sumner R Bouldin Jr Secretary-Treas | 1 | $3,300 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jobe Hastings & Associates Cpas | 12/30/21 | $5,925 |
Gem Endowment Funds Lp | 12/30/21 | $782,100 |
Hall Davidson & Associates Cpas Pc | 12/30/21 | $0 |
Hall Davidson & Associates Cpas Pc | 12/30/21 | $7,975 |
Gem Endowment Funds Lp | 12/30/21 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $920 |
| Interest on Savings | $160,132 |
| Dividends & Interest | $807,239 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,910,264 |
| Capital Gain Net Income | $8,910,264 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $299,010 |
| Total Revenue | $10,177,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $325,783 |
| Other employee salaries and wages | $58,380 |
| Pension plans, employee benefits | $15,917 |
| Interest | $0 |
| Taxes | $136,184 |
| Depreciation | $10,924 |
| Occupancy | $20,424 |
| Travel, conferences, and meetings | $17,775 |
| Printing and publications | $0 |
| Other expenses | $62,030 |
| Total operating and administrative expenses | $1,443,781 |
| Contributions, gifts, grants paid | $3,246,337 |
| Total expenses and disbursements | $4,690,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,487 |
| Savings and temporary cash investments | $1,017,471 |
| 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 | $104,552,308 |
| Net Land, buildings, and equipment | $213,812 |
| Other assets | $500 |
| Total assets | $105,827,578 |
| Accounts payable and accrued expenses | $11,165 |
| 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 | $24,564 |
| Total liabilities | $35,729 |
Grants Awarded
Over the last fiscal year, Christy-Houston Foundation Inc has awarded $3,246,337 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ASCENSION STTHOMAS RUTHERFORD HOSPI PURPOSE: PAYMENT ON $6 MILLION GRANT FOR HOSPITAL EXPANSION | $1,000,000 |
ASCENTION STTHOMAS RUTHERFORD HOSPI PURPOSE: OMIM COACH REFIT | $500,000 |
PRIMARY CARE HOPE CLINIC PURPOSE: SMYRNA CLINIC PMT 1 OF 4 | $500,000 |
CHARITY CIRCLE PURPOSE: MATCHING GRANT FOR LOCAL CHARITIES | $242,833 |
COMMUNITY CARE OF RUTHERFORD COUNTY PURPOSE: RENOVATION OF BLDG PMT 2 OF 3 | $203,019 |
MIDDLE TENNESSEE STATE UNIVIERSITY PURPOSE: EQUIPMENT FOR PHYSICIANS ASSISTANT PROGRAM | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Claude And Betty Harris Foundation Inc Louisville, KY | $58,528,117 | $25,952,323 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |