Skip to content
ProPublica Donate
ProPublica Donate

J T Minnie Maude Charitable Trust

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.95M (2023)

Expenses
$3.36M (2023)

Total Assets
$50.4M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,947,886
Expenses
$3,357,607
Net Income
-$1,409,721
Net Assets
$50,391,799
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $80
0.0%
Dividends $1,311,727
67.3%
Sales of Assets $634,829
32.6%
Other Income $1,250
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,962,737
88.2%
Compensation of Officers* $806,119
24.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $50,391,799
Total Liabilities $0
Net Assets $50,391,799
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exec. Director) $175,000 $14,357
Donna M Webb (Trustee) $105,224 $0
Julia L Ingram (Trustee) $105,224 $0
John D Lovelace (Trustee) $105,224 $0
Earl K Emerson (Trustee) $105,224 $0
Harry P Sakellaris (Trustee) $105,223 $0
Charly E Harris (Cfo) $105,000 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,316,094
Expenses
$3,241,707
Net Income
-$1,925,613
Net Assets
$51,801,520
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $31
0.0%
Dividends $1,572,386
> 100%
Sales of Assets -$256,323
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,807,593
86.6%
Compensation of Officers* $793,073
24.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $51,801,520
Total Liabilities $0
Net Assets $51,801,520
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exec. Director) $156,000 $12,924
Sarah W Kubic (Co Trustee) $109,175 $0
Julia L Ingram (Co Trustee) $109,175 $0
John D Lovelace (Co Trustee) $109,175 $0
Earl K Emerson (Co Trustee) $109,174 $0
Harry P Sakellaris (Co Trustee) $109,174 $0
Charly E Harris (Cf0) $91,200 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,697,879
Expenses
$3,391,586
Net Income
$2,306,293
Net Assets
$53,727,133
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $3,878,195
68.1%
Sales of Assets $1,819,684
31.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,942,294
86.8%
Compensation of Officers* $880,453
26.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $53,727,133
Total Liabilities $0
Net Assets $53,727,133
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exec. Director) $145,000 $12,797
Sarah W Kubic (Co Trustee) $130,091 $0
Julia L Ingram (Co Trustee) $130,091 $0
John D Lovelace (Co Trustee) $130,091 $0
Earl K Emerson (Co Trustee) $130,090 $0
Harry P Sakellaris (Co Trustee) $130,090 $0
Charly E Harris (Cfo) $85,000 $0
Katherine J Emerson (Assistant Cfo) $62,582 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,208,796
Expenses
$3,254,069
Net Income
$5,954,727
Net Assets
$51,420,839
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,334,841
25.4%
Sales of Assets $6,873,955
74.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,893,178
88.9%
Compensation of Officers* $791,068
24.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $51,420,840
Total Liabilities $1
Net Assets $51,420,839
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exec. Director) $135,000 $10,532
John D Lovelace (Co Trustee) $109,414 $0
Earl K Emerson (Co Trustee) $109,414 $0
Harry P Sakellaris (Co Trustee) $109,414 $0
Lessie E Webb (Co Trustee) $109,413 $0
Julia L Ingram (Co Trustee) $109,413 $0
Katherine J Emerson (Cfo) $109,000 $3,586
Charly E Harris (Staff Assistant) $70,000 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,895,690
Expenses
$3,344,123
Net Income
-$1,448,433
Net Assets
$45,626,112
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,793,252
94.6%
Sales of Assets $99,818
5.3%
Other Income $2,620
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,980,041
89.1%
Compensation of Officers* $813,996
24.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $45,626,113
Total Liabilities $1
Net Assets $45,626,112
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exec Director) $138,942 $12,484
Katherine J Emerson (Cfo) $112,592 $13,091
Lessie E Webb (Co Trustee) $112,493 $0
John D Lovelace (Co Trustee) $112,492 $0
Earl K Emerson (Co Trustee) $112,492 $0
Harry P Sakellaris (Co Trustee) $112,492 $0
Julia L Ingram (Co Trustee) $87,848 $0
Sarah E Lovelace (Co Trustee) $24,644 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$8,629,075
Expenses
$3,417,181
Net Income
$5,211,894
Net Assets
$47,084,546
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,474,091
17.1%
Sales of Assets $7,154,659
82.9%
Other Income $325
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,095,935
90.6%
Compensation of Officers* $591,905
17.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $47,084,546
Total Liabilities $0
Net Assets $47,084,546
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exe. Director) $125,000 $12,198
Sarah E Lovelace (Co Trustee) $118,381 $0
John D Lovelace (Co Trustee) $118,381 $0
Lessie E Webb (Co Trustee) $118,381 $0
Earl K Emerson (Co Trustee) $118,381 $0
Harry P Sakellaris (Co Trustee) $118,381 $0
Katherine J Emerson (Cfo) $102,000 $14,705

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,916,643
Expenses
$3,215,271
Net Income
-$1,298,628
Net Assets
$41,957,636
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,667,294
87.0%
Sales of Assets $249,349
13.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,896,569
90.1%
Compensation of Officers* $572,790
17.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $41,957,636
Total Liabilities $0
Net Assets $41,957,636
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exec. Director) $116,699 $10,659
Sarah E Lovelace (Co Trustee) $114,558 $0
John D Lovelace (Co Trustee) $114,558 $0
Lessie E Webb (Co Trustee) $114,558 $0
Earl K Emerson (Co Trustee) $114,558 $0
Harry P Sakellaris (Co Trustee) $114,558 $0
Katherine J Emerson (Cfo) $98,664 $26,503
Elizabeth I Jennings (Office Manager) $48,061 $14,828

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,456,715
Expenses
$2,998,235
Net Income
-$541,520
Net Assets
$43,266,258
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,636,805
66.6%
Sales of Assets $819,910
33.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,703,031
90.2%
Compensation of Officers* $520,680
17.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $43,266,258
Total Liabilities $0
Net Assets $43,266,258
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exec. Director) $113,300 $9,388
Sara E Lovelace (Co Trustee) $104,136 $0
John D Lovelace (Co Trustee) $104,136 $0
Lessie E Webb (Co Trustee) $104,136 $0
Earl K Emerson (Co Trustee) $104,136 $0
Harry P Sakellaris (Co Trustee) $104,136 $0
Katherine J Emerson (Cfo) $95,790 $23,842
Elizabeth I Jennings (Office Manager) $55,080 $13,461

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,091,704
Expenses
$3,157,215
Net Income
-$1,065,511
Net Assets
$43,827,782
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,678,863
80.3%
Sales of Assets $412,841
19.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,808,199
88.9%
Compensation of Officers* $545,344
17.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $43,827,782
Total Liabilities $0
Net Assets $43,827,782
Compensation
Key Employees and Officers Compensation Other
Fred K Webb Jr (Exec. Director) $110,000 $0
Sara E Lovelace (Co Trustee) $109,069 $0
John D Lovelace (Co Trustee) $109,069 $0
Lessie E Webb (Co Trustee) $109,069 $0
Earl K Emerson (Co Trustee) $109,069 $0
Harry P Sakellaris (Co Trustee) $109,068 $0
Katherine J Emerson (Cfo) $93,000 $0
Elizabeth I Jennings (Office Manager) $53,169 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,478,096
Expenses
$2,925,055
Net Income
-$446,959
Net Assets
$44,893,293
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,749,426
70.6%
Sales of Assets $728,670
29.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,622,998
89.7%
Compensation of Officers* $761,667
26.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $44,893,293
Total Liabilities $0
Net Assets $44,893,293
Compensation
Key Employees and Officers Compensation Other
Sara E Lovelace (Co Trustee) $112,935 $0
John D Lovelace (Co Trustee) $112,935 $0
Lessie E Webb (Co Trustee) $112,935 $0
Earl K Emerson (Co Trustee) $112,935 $0
Harry P Sakellaris (Co Trustee) $112,935 $0
Fred K Webb Jr (Exec. Director) $106,944 $7,341
Katherine J Emerson (Cfo) $90,048 $18,914
Elizabeth I Adkins (Office Manager) $50,688 $8,901

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,187,254
Expenses
$2,797,055
Net Income
-$609,801
Net Assets
$45,365,252
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,654,057
75.6%
Sales of Assets $533,197
24.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,514,324
89.9%
Compensation of Officers* $526,145
18.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $45,365,252
Total Liabilities $0
Net Assets $45,365,252
Compensation
Key Employees and Officers Compensation Other
Sarah E Lovelace (Co Trustee) $105,229 $0
John D Lovelace (Co Trustee) $105,229 $0
Lessie E Webb (Co Trustee) $105,229 $0
Earl K Emerson (Co Trustee) $105,229 $0
Harry P Sakellaris (Co Trustee) $105,229 $0
Fred K Webb Jr (Exec. Director) $103,824 $6,699
Katherine Emerson (Cfo) $87,432 $17,221

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,898,293
Expenses
$2,662,880
Net Income
-$764,587
Net Assets
$45,975,052
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,719,862
90.6%
Sales of Assets $178,431
9.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,389,387
89.7%
Compensation of Officers* $490,905
18.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $45,975,053
Total Liabilities $1
Net Assets $45,975,052

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,634,892
Expenses
$2,809,744
Net Income
-$1,174,852
Net Assets
$46,739,639
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,533,492
93.8%
Sales of Assets $101,400
6.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,468,459
87.9%
Compensation of Officers* $500,960
17.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $46,739,640
Total Liabilities $1
Net Assets $46,739,639

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us