Ortale Family Foundation
- Assets
- $823.4k
- Revenue
- $32.9k
- Investments
- $781.9k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/1997
- Data as of
- 11/2023
- EIN
- 62-1664345
Organization Overview
Ortale Family Foundation is located in Nashville, TN. The organization was established in 1997. 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. Ortale Family Foundation 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 11/2023, Ortale Family Foundation generated $32.9k 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 (17.3%) each year. All expenses for the organization totaled $57.3k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ortale Family Foundation has awarded 112 individual grants totaling $350,158. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buford H Ortale Trustee | 0 | $0 | |
Cynthia C Ortale Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,478 |
| Capital Gain Net Income | $8,478 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,891 |
| 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 | $9,933 |
| Total operating and administrative expenses | $14,033 |
| Contributions, gifts, grants paid | $43,304 |
| Total expenses and disbursements | $57,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $41,449 |
| 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 | $429,948 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $823,385 |
| 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 | $26,025 |
| Total liabilities | $26,025 |
Grants Awarded
Over the last fiscal year, Ortale Family Foundation has awarded $43,304 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
THE ABILITY EXPERIENCE PURPOSE: GENERAL USE | $100 |
THE FRIST CENTER FOR VISUAL ARTS PURPOSE: GENERAL USE | $2,500 |
CAF AMERICA - CAMERON BESPOLKA TRUST PURPOSE: GENERAL USE | $3,000 |
CITY OF BELLE MEADE PURPOSE: GENERAL USE | $250 |
FRIENDS OF WARNER PARKS PURPOSE: GENERAL USE | $3,000 |
FATHER RYAN HIGH SCHOOL PURPOSE: GENERAL USE | $2,500 |