Belle G Roberts Charitable Tr
- Assets
- $15.1m
- Revenue
- $893.7k
- Investments
- $13.5m
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 04/2003
- Data as of
- 03/2024
- EIN
- 72-6214520
Organization Overview
Belle G Roberts 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. Belle G Roberts 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 03/2024, Belle G Roberts Charitable Tr generated $893.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $1.1m during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regions Bank Trustee | 4 | $151,308 | |
Angus Cooper Dist. Comm | 0.2 | $0 | |
Allen Ladd Dist. Comm | 0.2 | $0 | |
Mitchell Shackleford Dist. Comm - Chairman | 0.2 | $0 | |
Michael Lee Sr Dist. Comm | 0.2 | $0 | |
Drew Delaney Dist. Comm | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $420,142 |
| Net Rental Income | $42,764 |
| Net Gain on Sale of Assets | $422,761 |
| Capital Gain Net Income | $422,761 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $473 |
| Total Revenue | $893,694 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $151,308 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,770 |
| Depreciation | $6,615 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,580 |
| Total operating and administrative expenses | $244,873 |
| Contributions, gifts, grants paid | $805,264 |
| Total expenses and disbursements | $1,050,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,556,547 |
| 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 | $0 |
| Net Land, buildings, and equipment | $6 |
| Other assets | $0 |
| Total assets | $15,099,257 |
| 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, Belle G Roberts Charitable Tr has awarded $805,264 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INFIRMARY HEALTH SYSTEMS PURPOSE: INTERNAL MEDICINE RESIDENCY TRAINING PROGRAM | $402,632 |
UMS-WRIGHT CORPORATION PURPOSE: DINING HALL CAPITAL IMPROVEMENTS | $402,632 |