Michelle Lynn Holsey Foundation

Organization Overview

Michelle Lynn Holsey Foundation is located in Crockett, TX. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Michelle Lynn Holsey Foundation 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, Michelle Lynn Holsey Foundation generated $240.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $173.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S PRIMARY PURPOSE IS TO PROVIDE FUNDING FOR INDIVIDUALS IN NEED OF MEDICAL TREATMENT, FUNDING FOR RESEARCH AND EDUCATION AND ACCESSIBILITY TO NEW INNOVATIVE TREATMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION OFFERS NEED BASED GRANTS FOR PATIENTS WHO HAVE BEEN AFFECTED BY CANCER OR OTHER DEBILITATING DISEASES. THE GRANTS CAN BE USED FOR TREATMENT, MEDICAL BILLS, MEDICINE, TRANSPORTATION TO AND FROM TREATMENT AND HOUSING AND LIVING EXPENSES DURING TREATMENT.


THE FOUNDATION PROVIDES SUPPORT TO HOUSTON COUNTY'S HIGH SCHOOL SENIORS TO ASSIST THEM WITH FURTHERING THEIR EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Linda Holsey
Director
$0
Michael Campbell
Director
$0
Sharon Kenley
Director
$0
Barrington Lee Holsey Jr
Director
$0
Mary Ann Lightsey
Director
$0
Nora Thompson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$57,029
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$57,029
Total Program Service Revenue$0
Investment income $64,488
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $119,211
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $240,728

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