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Nonprofiteer
← CHARLES L FRANKLIN TRUST

Form 990 for tax year 2022

Filed by CHARLES L FRANKLIN TRUST.

Totals

Total revenue
$210,212
Total expenses
$203,351
Contributions and grants received
$0
Grants paid
$159,229
Program service revenue
$0
Investment income
$210,212
Other revenue
$0
Total assets, end of year
$3,391,737
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,391,737
Program services expenses (Part IX)
$203,351
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$203,351

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $210,214 · excluded $210,214

  • 7a · Gross sales of assets other than inventory

    securities $6

  • 7b · Less cost or other basis and sales expenses

    securities $8

  • 7c · Gain or loss

    securities -$2

  • 7d · Net gain or loss

    total -$2 · related or exempt -$2

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $159,229 · program services $159,229

  • 5 · Compensation of officers, directors and key employees

    total $14,378 · program services $14,378

  • 11b · Fees: legal

    total $4,812 · program services $4,812

  • 11c · Fees: accounting

    total $1,280 · program services $1,280

  • 13 · Office expenses

    total $178 · program services $178

  • 24a · Other expenses: ASSET MANAGEMENT FEES

    total $13,656 · program services $13,656

  • 24b · Other expenses: TRUSTEE BOND

    total $5,290 · program services $5,290

  • 24c · Other expenses: INVESTMENT EXPENSES

    total $3,993 · program services $3,993

  • 24d · Other expenses: FOREIGN TAXES

    total $313 · program services $313

  • 24e · All other expenses

    total $222 · program services $222

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,815 · end of year $7,723

  • 2 · Savings and temporary cash investments

    beginning of year $214,142 · end of year $227,670

  • 15 · Other assets

    beginning of year $3,158,919 · end of year $3,156,344

  • 28 · Net assets with donor restrictions

    beginning of year $3,384,876 · end of year $3,391,737

Mission and programs · 2022

Mission

CHARITABLE DISTRIBUTION TO BENEFICIARIES. DISTRIBUTION OF NET INCOME TO BENEFICIARIES WHO ARE CHARITABLE ORGANIZATIONS LISTED IN THE TRUST.

Activities or mission (Part I)

CHARITABLE DISTRIBUTIONS TO BENEFICIARIES. DISTRIBUTION OF NET INCOME TO BENEFICIARIES WHO ARE CHARITABLE ORGANIZATIONS LISTED IN THE TRUST.

  • ADENA HEALTH SYSTEM (FOR CHARITY PATIENTS)

    Expenses $79,615 · Grants $79,615

  • ROSS COUNTY HISTORICAL SOCIETY (FOR THEIR CHARITABLE FUNCTION)

    Expenses $39,807 · Grants $39,807

  • FIRST PRESBYTERIAN CHURCH (FOR THEIR CHARITABLE FUNCTION)

    Expenses $39,807 · Grants $39,807

  • THREE BENEFICIARIES LISTED IN THE WILL UNDER WHICH THE TRUST IS FORMED -- FOR ALL OF THEIR CHARITY PURPOSES.

    Expenses $44,122

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert C Hess

    TRUSTEE

    Total calculated
    $14,378
    From this org
    $14,378
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
4 May 2023
IRS schema version
2022v5.0
Source object
202331299349302873

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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