Van Vleet Foundation National Bank Of Commerce Trust is located in Orlando, FL. The organization was established in 1964. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Van Vleet Foundation National Bank Of Commerce Trust 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 12/2023, Van Vleet Foundation National Bank Of Commerce Trust generated $656.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $615.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Van Vleet Foundation National Bank Of Commerce Trust has awarded 23 individual grants totaling $2,798,199. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $295,923 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $356,398 |
Capital Gain Net Income | $356,398 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $3,819 |
Total Revenue | $656,140 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $62,854 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,794 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $68,148 |
Contributions, gifts, grants paid | $547,397 |
Total expenses and disbursements | $615,545 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $664,271 |
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 | $8,603,669 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $10,351,348 |
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 |
Over the last fiscal year, Van Vleet Foundation National Bank Of Commerce Trust has awarded $547,397 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
UNIV OF MEMPHIS PURPOSE: GENERAL OPERATING | $112,906 |
RHODES COLLEGE PURPOSE: GENERAL OPERATING | $16,768 |
ST JUDE CHILDREN'S HOSPITAL PURPOSE: GENERAL OPERATING | $99,343 |
UNIV OF TENN CENTER FOR HEALTH SCIENCE PURPOSE: GENERAL OPERATING | $202,249 |
UT HEALTH SCIENCE CENTER PURPOSE: GENERAL OPERATING | $116,131 |