Daily Family Foundation
- Assets
- $2.5m
- Revenue
- $14.8k
- Investments
- $119.5k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 62-6390769
Organization Overview
Daily Family Foundation is located in Nashville, TN. The organization was established in 2002. 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. Daily 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 12/2022, Daily Family Foundation generated $14.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $73.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Daily Family Foundation has awarded 63 individual grants totaling $975,145. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE DAILY FAMILY FOUNDATION IS TO MAKE CONTRIBUTIONS TO QUALIFYING CHARITABLE ORGANIZATIONS AS APPROVED BY THE BOARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory S Daily President | 0 | $0 | |
Collie Daily Vp/treasurer | 0 | $0 | |
Alston Hamilton Secretary | 0 | $0 | |
Austin S Daily Director | 0 | $0 | |
Grayson R Daily Director | 0 | $0 | |
Chase M Daily Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,805 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $303 |
| Capital Gain Net Income | $303 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,645 |
| Total Revenue | $14,753 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,925 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,692 |
| Total operating and administrative expenses | $37,037 |
| Contributions, gifts, grants paid | $36,145 |
| Total expenses and disbursements | $73,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,398,527 |
| 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 | $119,503 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,518,030 |
| 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, Daily Family Foundation has awarded $36,145 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
EQUAL CHANCE FOR EDUCATION PURPOSE: GIFT | $10,000 |
CHEEKWOOD PURPOSE: GIFT | $5,000 |
GOLF CLUB OF TENNESSEE SCHOLARSHIP FUND PURPOSE: GIFT | $1,000 |
SEXUAL ASSAULT CENTER PURPOSE: GIFT | $5,000 |
SPANISH PEAKS COMMUNITY FOUNDATION PURPOSE: GIFT | $5,145 |
YELLOWSTONE CLUB COMMUNITY FOUNDATION PURPOSE: GIFT | $10,000 |