J Tom Eady Charitable Tr
- Assets
- $8.4m
- Revenue
- $608.8k
- Investments
- $8.4m
- Employees
- 0
- Location
- Corsicana, TX
- Founding
- 06/2001
- Data as of
- 12/2023
- EIN
- 75-6604134
Organization Overview
J Tom Eady Charitable Tr is located in Corsicana, TX. The organization was established in 2001. 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. J Tom Eady 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 12/2023, J Tom Eady Charitable Tr generated $608.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $629.2k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 5 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, J Tom Eady Charitable Tr has awarded 178 individual grants totaling $2,232,444. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $268,784 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $339,951 |
| Capital Gain Net Income | $339,951 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25 |
| Total Revenue | $608,760 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,992 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,086 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $70,328 |
| Contributions, gifts, grants paid | $558,900 |
| Total expenses and disbursements | $629,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,324 |
| 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 | $10,640 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $482,121 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,430,357 |
| 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, J Tom Eady Charitable Tr has awarded $558,900 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ALEJANDRO TAMEZ PURPOSE: SCHOLARSHIP | $2,500 |
GENTRY ROGERS PURPOSE: SCHOLARSHIP | $2,500 |
FAUSTINO RODRIQUEZ PURPOSE: SCHOLARSHIP | $5,000 |
KAMRYN BROWN PURPOSE: SCHOLARSHIP | $5,000 |
SHAHRUKH AHMED PURPOSE: SCHOLARSHIP | $5,000 |
LIZETH FARELAS PURPOSE: SCHOLARSHIP | $2,500 |