BOLTON COLLEGE TRUST

Address
6000 POPLAR AVE STE 400
MEMPHIS, TN 38119-3955
Contact
Phone: +1 (615) 748-5011
Nonprofit
NTEE: B114
EIN: 62-1064752

Mission

PROVIDES SUPPORT FOR BOLTON HIGH SCHOOL AND PROVIDES FOUR-YEAR COLLEGE SCHOLARSHIPS TO GRADUATING SENIORS
 20172016201520142013
Basic features of the organization
Year of formation1969
Subsection code04
Form of organization
TrustTrue
Metropolitan statistical area5960
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel $24,904.00$27,771.00$26,298.00$22,406.00
Sum of reportable (W2/1099) compensation $24,904.00$27,771.00$26,298.00$22,406.00
Number of employees 0000
Number of people compensated >$100k 0000
Number of volunteers 0000
Number of highly compensated contractors 0000
Personnel
Burgess, Melvin
Title TRUSTEE   
Name of key/compensated person MELVIN BURGESS   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 0.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Carruthers, Snowden
Title TRUSTEETrusteeTRUSTEETRUSTEE
Name of key/compensated person DR SNOWDEN C CARRUTHERSDr Snowden C CarruthersDR SNOWDEN C CARRUTHERSDR SNOWDEN C CARRUTHERS
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0.001.001.001.00
Reportable compensation from org $0.00$500.00$300.00$600.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Ford, Justin
Title  TrusteeTRUSTEE 
Name of key/compensated person  Justin FordJUSTIN FORD 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  1.001.00 
Reportable compensation from org  $100.00$400.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Hampton, Mollie
Title TRUSTEETrusteeTRUSTEETRUSTEE
Name of key/compensated person MOLLIE HAMPTONMollie HamptonMOLLIE HAMPTONMOLLIE HAMPTON
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0.001.001.001.00
Reportable compensation from org $0.00$500.00$300.00$800.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Harvey, James
Title   TRUSTEETRUSTEE
Name of key/compensated person   JAMES HARVEYJAMES HARVEY
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $100.00$400.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Inc, Suntrust
Title    CUSTODIAN FOR TRUST ASSETS
Name of key/compensated person    SUNTRUST BANKS INC
Position of compensated person
Average hours per week working for org    1.00
Reportable compensation from org    $18,906.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Johnson, Fred
Title TRUSTEETrusteeTRUSTEETRUSTEE
Name of key/compensated person DR FRED D JOHNSONDr Fred D JohnsonDR FRED D JOHNSONDR FRED D JOHNSON
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0.001.001.001.00
Reportable compensation from org $0.00$300.00$300.00$700.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Mitchell, James
Title TRUSTEETrusteeTRUSTEETRUSTEE
Name of key/compensated person DR JAMES B MITCHELL JRDR JAMES B MITCHELL JRDR JAMES B MITCHELL JRDR JAMES B MITCHELL JR
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0.001.001.001.00
Reportable compensation from org $0.00$300.00$200.00$200.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Perkins, Charles
Title TRUSTEETrusteeTRUSTEETRUSTEE
Name of key/compensated person CHARLES R PERKINSCharles R PerkinsCHARLES R PERKINSCHARLES R PERKINS
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0.001.001.001.00
Reportable compensation from org $0.00$300.00$300.00$700.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Ritz, Mike
Title    TRUSTEE
Name of key/compensated person    MIKE RITZ
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    0.00
Reportable compensation from org    -$300.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Roland, Terry
Title TRUSTEETrustee  
Name of key/compensated person TERRY ROLANDTerry Roland  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 0.001.00  
Reportable compensation from org $0.00$300.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Wadsworth, Simon
Title TRUSTEETrusteeTRUSTEE 
Name of key/compensated person SIMON WADSWORTHSimon WadsworthSIMON WADSWORTH 
Position of compensated person
Current individual trustee or director TrueTrueTrue 
Average hours per week working for org 0.001.001.00 
Reportable compensation from org $0.00$200.00$100.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Williams, Edward
Title    TRUSTEE
Name of key/compensated person    EDWARD F WILLIAMS III
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
Reportable compensation from org    $400.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activities PROVIDES SUPPORT FOR BOLTON HIGH SCHOOL AND PROVIDES FOUR-YEAR COLLEGE SCHOLARSHIPS TO SENIORSProvides support for Bolton High School and provides four-year college scholarships to seniorsPROVIDES SUPPORT FOR BOLTON HIGH SCHOOL AND PROVIDES FOUR-YEAR COLLEGE SCHOLARSHIPS TO SENIORSPROVIDES SUPPORT FOR BOLTON HIGH SCHOOL AND PROVIDES FOUR-YEAR COLLEGE SCHOLARSHIPS TO SENIORS
Program service expenses, total $95,500.00$106,500.00$132,705.00$104,409.00
Programs, including revenue & expenses
1 AUSTIN PEAY 3,000.00 2 BAPTIST COLLEGE FOR HEALTH SCIENCES 3,000.003 BRIGHAM YOUNG UNIVERSITY 3,000.004 CHRISTIAN BROTHERS UNIVERSITY 1,500.005 EAST TENNESSEE STATE UNIVERSITY 7,500.006 FLORIDA COLLEGE 3,000.007 FLORIDA STATE UNIVERSITY 3,000.00 8 FREED-HARDEMEN UNIVERSITY 3,000.009 MIDDLE TENNESSEE STATE 12,000.00 10 PURDUE UNIVERSITY 3,000.0011 RHODES COLLEGE 3,000.00 12 SHELBY COUNTY SCHOOLS 25,00013 TENNESSEE TECHNOLOGICAL UNIVERSITY 3,000.0014 UNIVERSITY OF MEMPHIS 4,500.00 15 UNIVERSITY OF TENNESSEE KNOXVILLE 12,000.00 14 UNIVERSITY OF TENNESSEE MARTIN 6,000.00 TOTAL 95,500
Program expenses $95,500.00   
Grants and allocations made $95,500.00   
Program description 1 AUSTIN PEAY 3,000.00 2 BAPTIST COLLEGE FOR HEALTH SCIENCES 3,000.003 BRIGHAM YOUNG UNIVERSITY 3,000.004 CHRISTIAN BROTHERS UNIVERSITY 1,500.005 EAST TENNESSEE STATE UNIVERSITY 7,500.006 FLORIDA COLLEGE 3,000.007 FLORIDA STATE UNIVERSITY 3,000.00 8 FREED-HARDEMEN UNIVERSITY 3,000.009 MIDDLE TENNESSEE STATE 12,000.00 10 PURDUE UNIVERSITY 3,000.0011 RHODES COLLEGE 3,000.00 12 SHELBY COUNTY SCHOOLS 25,00013 TENNESSEE TECHNOLOGICAL UNIVERSITY 3,000.0014 UNIVERSITY OF MEMPHIS 4,500.00 15 UNIVERSITY OF TENNESSEE KNOXVILLE 12,000.00 14 UNIVERSITY OF TENNESSEE MARTIN 6,000.00 TOTAL 95,500   
1 AUSTIN PEAY 3,000.00 2 BAPTIST COLLEGE FOR HEALTH SCIENCES 6,000.003 FLORIDA COLLEGE 3,000.004 FLORIDA STATE UNIVERSITY 3,000.00 5 MIDDLE TENNESSEE STATE 9,000.00 6 RHODES COLLEGE 3,000.00 7 SHELBY COUNTY BOARD OF EDUCATION 25,204.948 SHELBY COUNTY SCHOOLS 25,000.009 SPELLMAN COLLEGE 3,000.0010 UNIVERSITY OF MEMPHIS 21,000.00 11 UNIVERSITY OF TENNESSEE CHATANOOGA 3,000.00 12 UNIVERSITY OF TENNESSEE KNOXVILLE 21,000.00 13 UNIVERSITY OF TENNESSEE MARTIN 1,500.00 14 UNIVERSITY OF WASHINGTON 3,000.00 15 VISIBLE MUSIC SCHOOL 3,000.00 TOTAL 132,704.94
Program expenses   $132,705.00 
Grants and allocations made   $132,705.00 
Program description   1 AUSTIN PEAY 3,000.00 2 BAPTIST COLLEGE FOR HEALTH SCIENCES 6,000.003 FLORIDA COLLEGE 3,000.004 FLORIDA STATE UNIVERSITY 3,000.00 5 MIDDLE TENNESSEE STATE 9,000.00 6 RHODES COLLEGE 3,000.00 7 SHELBY COUNTY BOARD OF EDUCATION 25,204.948 SHELBY COUNTY SCHOOLS 25,000.009 SPELLMAN COLLEGE 3,000.0010 UNIVERSITY OF MEMPHIS 21,000.00 11 UNIVERSITY OF TENNESSEE CHATANOOGA 3,000.00 12 UNIVERSITY OF TENNESSEE KNOXVILLE 21,000.00 13 UNIVERSITY OF TENNESSEE MARTIN 1,500.00 14 UNIVERSITY OF WASHINGTON 3,000.00 15 VISIBLE MUSIC SCHOOL 3,000.00 TOTAL 132,704.94 
1 Austin Peay 3,000.00 2 Baptist College for Health Sciences 6,000.003 East Tennessee State University 3,000.004 Florida College 3,000.005 Florida State University 3,000.00 6 Instituto Europeo Di Design 1,500.007 Middle Tennessee State 12,000.00 8 Purdue University 3,000.009 Rhodes College 3,000.00 10 Shelby County Schools 33,00011 Tennessee Technological University 3,000.0012 University of Memphis 9,000.00 13 University of Tennessee Chatanooga 3,000.00 14 University of Tennessee Knoxville 15,000.00 15 University of Tennessee Martin 3,000.00 16 University of Washington 3,000.00 Total 106,500
Program expenses  $106,500.00 $104,409.00
Grants and allocations made  $106,500.00 $104,409.00
Program description  1 Austin Peay 3,000.00 2 Baptist College for Health Sciences 6,000.003 East Tennessee State University 3,000.004 Florida College 3,000.005 Florida State University 3,000.00 6 Instituto Europeo Di Design 1,500.007 Middle Tennessee State 12,000.00 8 Purdue University 3,000.009 Rhodes College 3,000.00 10 Shelby County Schools 33,00011 Tennessee Technological University 3,000.0012 University of Memphis 9,000.00 13 University of Tennessee Chatanooga 3,000.00 14 University of Tennessee Knoxville 15,000.00 15 University of Tennessee Martin 3,000.00 16 University of Washington 3,000.00 Total 106,500 1 AUSTIN PEAY 3,000.00 2 BAPTIST COLLEGE FOR HEALTH SCIENCES 6,000.00 3 MIDDLE TENNESSEE STATE 3,000.00 4 RHODES COLLEGE 3,000.00 5 SHELBY COUNTY BOARD OF EDUCATION 24,908.63 6 UNIVERSITY OF MEMPHIS 21,000.00 7 UNIVERSITY OF TENNESSEE CHATANOOGA 3,000.00 8 UNIVERSITY OF TENNESSEE KNOXVILLE 33,000.00 9 UNIVERSITY OF TENNESSEE MARTIN 1,500.00 10 UNIVERSITY OF WASHINGTON 3,000.00 11 VISIBLE MUSIC SCHOOL 3,000.00 TOTAL 104,408.63
Financial data
Revenue
Total revenue$383,491.00$235,982.00$203,720.00$254,419.00$828,540.00
Investment income, current yr $140,268.00$87,720.00$142,419.00$716,540.00
Total revenue from grants, etc., current yr $0.00$0.00$0.00$0.00
Other revenue, current yr $95,714.00$116,000.00$112,000.00$112,000.00
Net unrelated business taxable revenue $0.00$0.00$0.00$0.00
Other types of revenue
Miscellaneous revenue (total) $3,364.00   
Investment income $114,829.00$81,802.00$86,237.00$63,549.00
Net rental income $92,350.00$116,000.00$112,000.00$112,000.00
Expense categories (totals)
Total functional expenses: sum of all $154,777.00$161,678.00$194,359.00$147,808.00
Total functional expenses: program service  $95,500.00$106,500.00$132,705.00$104,409.00
Total functional expenses: management and general $59,277.00$55,178.00$61,654.00$43,399.00
Total functional expenses: fundraising $0.00$0.00$0.00$0.00
Fees for services
Legal fees (total) $32,313.00$23,587.00$32,478.00$17,713.00
Fundraising service fees (total) $0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$3,025,557.00$2,788,906.00$2,707,701.00$2,665,659.00$2,605,599.00
Total assets, beginning of year $2,707,701.00$2,665,659.00$2,605,599.00$1,924,867.00
Total liabilities $0.00$0.00$0.00$0.00
Total liabilities, beginning of year $0.00$0.00$0.00$0.00
Net assets $2,788,906.00$2,707,701.00$2,665,659.00$2,605,599.00
Net assets, beginning of year $2,707,701.00$2,665,659.00$2,605,599.00$1,924,867.00
Investments: publicly traded securities $2,402,099.00$2,570,632.00$2,520,710.00$2,486,450.00
Other financial variables
Revenue less expenses $81,205.00$42,042.00$60,060.00$680,732.00
Savings & temp cash investment $385,807.00$136,069.00$143,949.00$118,149.00
Total net assets or fund balances $2,788,906.00$2,707,701.00$2,665,659.00$2,605,599.00
Governance and accountability
Number of voting members 8888
Number of independent voting members 8888
Accrual accounting TrueTrueTrueTrue
Tax year start date 2016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5k TrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF 990990990990
IRS schema version 2016v3.02015v2.12014v5.02013v3.0
Filing identifier 201701329349303515201611339349302756201531359349304678201431339349303933
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