Nan H Altmayer Charitable Tr
- Assets
- $11.5m
- Revenue
- $326.0k
- Investments
- $8.9m
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 02/2003
- Data as of
- 08/2023
- EIN
- 63-6229763
Organization Overview
Nan H Altmayer Charitable Tr is located in Mobile, AL. The organization was established in 2003. 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. Nan H Altmayer Charitable Tr 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 08/2023, Nan H Altmayer Charitable Tr generated $326.0k in total revenue. All expenses for the organization totaled $606.7k during the year ending 08/2023.
Since 2018, Nan H Altmayer Charitable Tr has awarded 243 individual grants totaling $2,306,739. 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 |
|---|---|---|---|
Regions Bank Trustee | 3 | $72,312 | |
Jay P Altmayer II Distribution Committee Mem | 1 | $0 | |
Patricia C Storace Distribution Committee Mem | 1 | $0 | |
Kenneth E Niemeyer Distribution Committee Mem | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $218,297 |
| Net Rental Income | $3,087 |
| Net Gain on Sale of Assets | $72,674 |
| Capital Gain Net Income | $72,674 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,525 |
| Total Revenue | $326,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,312 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,593 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,822 |
| Total operating and administrative expenses | $105,977 |
| Contributions, gifts, grants paid | $500,714 |
| Total expenses and disbursements | $606,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,847 |
| 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 | $2,528,534 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $33,930 |
| Total assets | $11,521,415 |
| 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, Nan H Altmayer Charitable Tr has awarded $500,714 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA HUMANITIES FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
AMBITIOUSLY HIM & HER KING FOUNDATION PURPOSE: GENERAL FUND | $15,000 |
ALABAMA SPECIAL OLYMPICS PURPOSE: GENERAL SUPPORT | $1,000 |
ALABAMA LIGHTHOUSE ASSOCIATION PURPOSE: GENERAL SUPPORT | $1,000 |
ANERA PURPOSE: ANERA/EDW. SAID NTL. CONCERVANCE | $20,000 |
BALDWIN COUNTY TRAILBLAZERS PURPOSE: BRIDGE PROJECT | $1,000 |