Wayside Foundation
- Assets
- $122.7k
- Revenue
- $64.8k
- Investments
- $121.5k
- Employees
- 0
- Location
- Signal Mountain, TN
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 72-6241623
Organization Overview
Wayside Foundation is located in Signal Mountain, TN. The organization was established in 2006. 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. Wayside 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 12/2021, Wayside Foundation generated $64.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $78.8k during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wayside Foundation has awarded 33 individual grants totaling $195,400. 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 |
|---|---|---|---|
Japheth B Glass Vice-Chairman | 1 | $0 | |
Anna G Clower Secretary | 1 | $0 | |
Jane W Mcnabb Settlor/chairman | 1 | $0 | |
Lori C Powell Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,668 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,709 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,447 |
| Capital Gain Net Income | $48,362 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $967 |
| Contributions, gifts, grants paid | $77,800 |
| Total expenses and disbursements | $78,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,168 |
| 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 | $56,211 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $122,675 |
| 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, Wayside Foundation has awarded $77,800 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHILD EVANGELISM FELLOWSHIP OF GREATER CHATTANOOGA PURPOSE: CHRISTIAN MISSIONS | $36,000 |
RICHMONT UNIVERSITY PURPOSE: CHRISTIAN EDUCATION | $16,000 |
CLEAR CREEK CHURCH OF CHRIST PURPOSE: CHRISTIAN MISSIONS | $10,000 |
BIBLE IN THE SCHOOLS PURPOSE: CHRISTIAN EDUCATION | $5,500 |
Chattanooga, TN PURPOSE: CHRISTIAN MISSIONS | $3,000 |
Hixson, TN PURPOSE: CHRISTIAN MISSIONS | $2,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Oak Hill Fund Charlottesville, VA | $99,384,131 | $7,166,197 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Scott Hudgens Family Foundation Inc Duluth, GA | $0 | $7,703,530 |