Elise Boylston Memorial Foundationinc
- Assets
- $587.4k
- Revenue
- $15.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Newnan, GA
- Founding
- 05/2008
- Data as of
- 06/2023
- EIN
- 20-8204796
Organization Overview
Elise Boylston Memorial Foundationinc is located in Newnan, GA. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Elise Boylston Memorial Foundationinc 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 06/2023, Elise Boylston Memorial Foundationinc generated $15.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $12.1k during the year ending 06/2023. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDING OF FINANCIAL GRANTS TO PERSONS THAT WILL ENHANCE THE EDUCATIONAL EXPERIENCE IN THE STATE OF GEORGIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice Cochran Chairman | 0.5 | $0 | |
Dr Katherine Brown Vice Chairman | 0.5 | $0 | |
Gail Springstead Secretary | 0.5 | $0 | |
Dr Lynn Skinner Treasurer | 0.5 | $0 | |
Missy Collins Trustee | 0.5 | $0 | |
Laura Croom Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,642 |
| Interest on Savings | $12,867 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,509 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $150 |
| Other expenses | $0 |
| Total operating and administrative expenses | $690 |
| Contributions, gifts, grants paid | $11,424 |
| Total expenses and disbursements | $12,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,514 |
| Savings and temporary cash investments | $572,855 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $587,369 |
| 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, Elise Boylston Memorial Foundationinc has awarded $11,424 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
DR MICHELE MCKIE PURPOSE: YOUTH EDUCATION | $1,000 |
DR PATIA ROUNTREE PURPOSE: YOUTH EDUCATION | $1,809 |
SUZANNE SKEEN PURPOSE: YOUTH EDUCATION | $1,600 |
MARIAH HEDMAN PURPOSE: YOUTH EDUCATION | $1,600 |
ASHLEY MAXWELL PURPOSE: YOUTH EDUCATION | $565 |
JENNIFER LANCE YAUCK PURPOSE: YOUTH EDUCATION | $2,000 |