Edward R and Ruby J Lea Charitable Tr A

CARTHAGE, TN EIN: 20-6862913

Edward R and Ruby J Lea Charitable Tr A is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARTHAGE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $377K in total assets. In 2024, it awarded 1 grants totaling $16K. Net investment income was $56K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$377K

+9.9% YoY

Annual Giving

$16K

-3.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$16K

-3.2% YoY

Under IRS private-foundation payout rules, Edward R and Ruby J Lea Charitable Tr A reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Edward R and Ruby J Lea Charitable Tr A

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Edward R and Ruby J Lea Charitable Tr A?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $78K (100%)

States

Tennessee

Cities

ClarksvilleLebanon

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$376,654	$342,867	$331,077
Revenue	$62,172	$35,930	$28,307
Expenses	$29,112	$24,136	$18,871
Qualifying Distributions	$22,495	$20,340	$14,749
Net Investment Income	$56,006	$32,453	$24,185
Distributable Amount	$21,810	$19,807	$19,911

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cumberland University ($16,331).

Recipient	Purpose	Amount
Cumberland University Lebanon, TN	Scholarship funds for students' education.	$16,331

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
David Bass	Trustee	5	$6,087

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Edward R and Ruby J Lea Charitable Tr A?

Edward R and Ruby J Lea Charitable Tr A is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARTHAGE, TN. It holds $377K in total assets as of 2024.

How large is Edward R and Ruby J Lea Charitable Tr A?

As of 2024, Edward R and Ruby J Lea Charitable Tr A holds $377K in total assets with $62K in annual revenue. It awarded 1 grants totaling $16K in 2024.

Where does Edward R and Ruby J Lea Charitable Tr A operate?

Edward R and Ruby J Lea Charitable Tr A has awarded grants in Tennessee.

What size grants does Edward R and Ruby J Lea Charitable Tr A award?

In 2024, Edward R and Ruby J Lea Charitable Tr A awarded 1 grants totaling $16K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Edward R and Ruby J Lea Charitable Tr A required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Edward R and Ruby J Lea Charitable Tr A reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Edward R and Ruby J Lea Charitable Tr A's EIN?

Edward R and Ruby J Lea Charitable Tr A's EIN (Employer Identification Number) is 20-6862913. IRS Form 990 filing data is available on this page for 2020–2024.