Bobby R Mannery Foundation Tr
- Assets
- $2.8m
- Revenue
- $2.2m
- Investments
- $1.4m
- Employees
- 0
- Location
- Old Hickory, TN
- Founding
- 07/2019
- Data as of
- 06/2023
- EIN
- 83-6156480
Organization Overview
Bobby R Mannery Foundation Tr is located in Old Hickory, TN. The organization was established in 2019. 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. Bobby R Mannery Foundation 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 06/2023, Bobby R Mannery Foundation Tr generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $212.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bobby R Mannery Foundation Tr has awarded 34 individual grants totaling $450,000. 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 |
|---|---|---|---|
Bobby R Mannery President | 1 | $0 | |
Marlene Mannery Director | 1 | $0 | |
Wanda Pinnock Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,071,830 |
| Interest on Savings | $45,315 |
| Dividends & Interest | $59,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,059,935 |
| Capital Gain Net Income | $1,059,935 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,236,453 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,743 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $22,061 |
| Contributions, gifts, grants paid | $190,000 |
| Total expenses and disbursements | $212,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,297 |
| Savings and temporary cash investments | $1,375,830 |
| 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 | $0 |
| Total assets | $2,823,070 |
| 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, Bobby R Mannery Foundation Tr has awarded $190,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DOWN SYNDROME ASSOC OF MIDDLE TN PURPOSE: LIVING ASSISTANCE | $30,000 |
AGAPA PURPOSE: ASSIST EMERGING AFRICAN AM FARMERS | $25,000 |
HERMITAGE CHURCH OF THE NAZARENE PURPOSE: MISSION/MISSIONARY ASSISTANCE | $20,000 |
NASHVILLE RESCUE MISSION PURPOSE: HOMELESS SHELTERS | $25,000 |
GILDA'S CLUB OF MIDDLE TN PURPOSE: CANCER PATIENT & FAM ASSIST | $40,000 |
TENNESSEE BREAST CANCER COALITION PURPOSE: BREAST CANCER PATIENT ASSIST | $25,000 |