CARTHAGE, TN

Edward R And Ruby J@Lea Charitable Trust A

Also known as: TRUST A

Quick Facts

EIN: 206862913
Location: CARTHAGE, TN
Phone: (615) 735-1122
Category: Philanthropy & Grantmaking
Total Assets: $377K
Annual Income: $190K
IRS Ruling Year: 2007
Organization Type: Non-Operating Foundation
Principal Officer: % James L Bass
Tax Deductibility: Contributions are deductible

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About This Foundation

Edward R And Ruby J@Lea Charitable Trust A is a private trust based in CARTHAGE, TN. The foundation received its IRS ruling in 2007. The principal officer is % James L Bass. It holds total assets of $377K. Annual income is reported at $190K. Education scholarships have been provided for students at a qualified educational institution. According to available records, Edward R And Ruby J@Lea Charitable Trust A has made 5 grants totaling $55K, with a median grant of $11K. Annual giving has grown from $16K in 2020 to $21K in 2022. Individual grants have ranged from $1K to $17K, with an average award of $11K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

EDUCATIONAL SCHOLARSHIPS PROVIDED FOR STUDENTS AT EDUCATIONAL INSTITUTIONS

Expenses: $16K

Frequently Asked Questions

What does Edward R And Ruby J@Lea Charitable Trust A fund?

Education scholarships have been provided for students at a qualified educational institution. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TN.

How much does Edward R And Ruby J@Lea Charitable Trust A give in grants?

Edward R And Ruby J@Lea Charitable Trust A has distributed a total of $55K across 5 grants. The median grant size is $11K, with an average of $11K. Individual grants have ranged from $1K to $17K.

How do I apply for a grant from Edward R And Ruby J@Lea Charitable Trust A?

Edward R And Ruby J@Lea Charitable Trust A typically selects its grantees rather than accepting unsolicited proposals.

Where is Edward R And Ruby J@Lea Charitable Trust A located?

Edward R And Ruby J@Lea Charitable Trust A is headquartered in CARTHAGE, TN.

Key People & Compensation (2022)

Name	Title	Compensation	Benefits	Total
David Bass	Trustee	$1K	$0	$1K

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$24K

2023+28%

Total Assets

$343K

2023+4%

Fair Market Value

$426K

2023

Net Worth

$297K

2023

Grants Paid

$17K

2023

Contributions

2023

Net Investment Income

$32K

2023

Distribution Amount

$20K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $341K

Corporate Stock (94%)

Government Obligations (6%)

Cash (0%)

Expense Breakdown (2023)

Revenue Sources (2023)

Dividends: $20K
Capital Gains (Net): $17K
Other Income: $-832

Financial Details (2023)

Total Revenue: $36K
Total Expenses: $24K
Exempt Purpose Expenses: $20K
Required Distribution: $20K
Undistributed Income: $16K
Total Liabilities: $46K
Excise Tax: $451
Tax Due: $451

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$55K

Average Grant

$11K

Median Grant

$11K

Unique Recipients

Most Common Grant

$11K

Grant Disbursements by Year

Grant Range

Min$1K

Max$17K

Median: $11K

Smallest grantLargest grant

Openness to New Grantees (2022)

of 2022 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

TN$55K (5)

Past Grantees

Recipient	Location	Amount	Year
Cumberland UniversityScholarship funds for students' education.	Lebanon, TN	$11K	2022
Austin Peay State UniversityScholarship funds for students' education.	Clarksville, TN	$1K	2021