Hailey Family Foundation Tr Agmt Dtd October 31 2016
- Assets
- $7.1m
- Revenue
- $1.3m
- Investments
- $6.9m
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 81-6895814
Organization Overview
Hailey Family Foundation Tr Agmt Dtd October 31 2016 is located in Brentwood, TN. The organization was established in 2018. 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. Hailey Family Foundation Tr Agmt Dtd October 31 2016 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, Hailey Family Foundation Tr Agmt Dtd October 31 2016 generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $637.8k during the year ending 12/2023. 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 |
|---|---|---|---|
James C Hailey Trustee | 2 | $0 | |
Eric M Hailey Advisory | 0 | $0 | |
Tommy Strickland Advisory | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,136,778 |
| Interest on Savings | $9,541 |
| Dividends & Interest | $117,860 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,051 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $275 |
| Total Revenue | $1,263,403 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,348 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $77,834 |
| Contributions, gifts, grants paid | $560,000 |
| Total expenses and disbursements | $637,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,045 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,747 |
| Total assets | $7,054,603 |
| 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 |