Oak Tree Charitable Trust
- Assets
- $416.0k
- Revenue
- $20.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Gallatin, TN
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 81-4858429
Organization Overview
Oak Tree Charitable Trust is located in Gallatin, TN. The organization was established in 2017. 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. Oak Tree Charitable Trust 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, Oak Tree Charitable Trust generated $20.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $25.1k during the year ending 12/2022. 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 |
|---|---|---|---|
Michelle E Haynes Chairman | 0 | $0 | |
Sarah E Haynes Trustee | 0 | $0 | |
Kenneth C Haynes Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58 |
| Dividends & Interest | $0 |
| Net Rental Income | $16,454 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,918 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $240 |
| Depreciation | $3,454 |
| Occupancy | $952 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,386 |
| Contributions, gifts, grants paid | $19,750 |
| Total expenses and disbursements | $25,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,446 |
| Savings and temporary cash investments | $10,547 |
| 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 | $401,973 |
| Other assets | $0 |
| Total assets | $415,966 |
| 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, Oak Tree Charitable Trust has awarded $19,750 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
THE SOUTHERN ENVIRONMENTAL LAW CENT PURPOSE: TO INF LAWS FOR CLEAN AIR, WATER ETC | $5,000 |
THE TRUST FOR VIRGIN ISLANDS PURPOSE: CONSERVE VI NATURAL LANDSCAPES | $4,000 |
TN CONSERVATION VOTERS PURPOSE: RAISING VOTER AWARENESS OF ENV | $2,500 |
Gallatin, TN PURPOSE: EMPOWER & ENRISH DIVERSE COMMUNITY | $2,000 |
ROOM AT THE INN PURPOSE: PROVIDE SUPPORT FOR THE HOMELESS | $1,000 |
THE SALVUS CENTER PURPOSE: TO CARE FOR THE SICK AND NEEDY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |