Fourlin Memorial Foundation Inc
- Assets
- $1.1m
- Revenue
- $30.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 02/2003
- Data as of
- 12/2023
- EIN
- 16-1636622
Organization Overview
Fourlin Memorial Foundation Inc is located in Miami Beach, FL. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fourlin Memorial Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Fourlin Memorial Foundation Inc generated $30.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.6%) each year. All expenses for the organization totaled $44.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (26.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Fourlin Memorial Foundation Inc has awarded 21 individual grants totaling $366,424. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lindemann Director | 3 | $0 | |
George Lindemann Pres/director | 3 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,556 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3 |
| Capital Gain Net Income | $3 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,664 |
| Total Revenue | $30,223 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $459 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,030 |
| Total operating and administrative expenses | $26,614 |
| Contributions, gifts, grants paid | $17,974 |
| Total expenses and disbursements | $44,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,839 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $480,826 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,088,225 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fourlin Memorial Foundation Inc has awarded $17,974 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN INTERNATIONAL PURPOSE: PROGRAM SUPPORT | $1,052 |
THE NEW SCHOOL PARSONS PURPOSE: PROGRAM SUPPORT | $8,122 |
US ASSOCIATION FOR INTERNATION MIGRATION PURPOSE: PROGRAM SUPPORT | $8,800 |