BOLTON COLLEGE TRUST

Address
6000 POPLAR AVENUE NO 400
MEMPHIS, TN 381193955
Contact
Phone: +1 (615) 748-5011
Nonprofit
NTEE: B114 - Education
EIN: 62-1064752

Mission

PROVIDES SUPPORT FOR BOLTON HIGH SCHOOL AND PROVIDES FOUR-YEAR COLLEGE SCHOLARSHIPS TO GRADUATING SENIORS
 20162015201420132012
Basic features of the organization
Year of formation1969
Metropolitan statistical area5960
Form of organization
TrustTrue
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 employees0000 
Number of people compensated >$100k0000 
Number of volunteers0000 
Number of highly compensated contractors0000 
Personnel
Burgess, Melvin
TitleTRUSTEE    
Name of key/compensated personMELVIN BURGESS    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org0.00    
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
TitleTRUSTEETrusteeTRUSTEETRUSTEE 
Name of key/compensated personDR SNOWDEN C CARRUTHERSDr Snowden C CarruthersDR SNOWDEN C CARRUTHERSDR SNOWDEN C CARRUTHERS 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.001.001.001.00 
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
TitleTRUSTEETrusteeTRUSTEETRUSTEE 
Name of key/compensated personMOLLIE HAMPTONMollie HamptonMOLLIE HAMPTONMOLLIE HAMPTON 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.001.001.001.00 
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
TitleTRUSTEETrusteeTRUSTEETRUSTEE 
Name of key/compensated personDR FRED D JOHNSONDr Fred D JohnsonDR FRED D JOHNSONDR FRED D JOHNSON 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.001.001.001.00 
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
TitleTRUSTEETrusteeTRUSTEETRUSTEE 
Name of key/compensated personDR JAMES B MITCHELL JRDR JAMES B MITCHELL JRDR JAMES B MITCHELL JRDR JAMES B MITCHELL JR 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.001.001.001.00 
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
TitleTRUSTEETrusteeTRUSTEETRUSTEE 
Name of key/compensated personCHARLES R PERKINSCharles R PerkinsCHARLES R PERKINSCHARLES R PERKINS 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.001.001.001.00 
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
TitleTRUSTEETrustee   
Name of key/compensated personTERRY ROLANDTerry Roland   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org0.001.00   
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
TitleTRUSTEETrusteeTRUSTEE  
Name of key/compensated personSIMON WADSWORTHSimon WadsworthSIMON WADSWORTH  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org0.001.001.00  
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 activitiesPROVIDES 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 description1 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$235,982.00$203,720.00$254,419.00$828,540.00 
Revenue from contributions (total) $0.00$0.00$0.00$0.00
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 
Total unrelated business revenue$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 
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$752,547.00$728,156.00$633,362.00$1,447,541.00 
Other types of revenue
Miscellaneous revenue (total)$3,364.00    
Income from dividends, interest, and similar investments$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$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$2,788,906.00$2,707,701.00$2,665,659.00$2,605,599.00$1,924,867.00
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$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 members8888 
Number of independent voting members8888 
Cash accountingTrueTrueTrueTrue 
Tax year start date2016-01-012015-01-012014-01-012013-01-01 
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrueTrueTrue 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990 
Date e-filing submitted2017-10-032016-09-152015-08-252014-10-11 
IRS schema version2016v3.02015v2.12014v5.02013v3.0 
Filing identifier201701329349303515201611339349302756201531359349304678201431339349303933 
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