Grayson Foundation Inc
- Assets
- $0.0
- Revenue
- $2.8m
- Investments
- $28.6m
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 12/1973
- Data as of
- 07/2021
- EIN
- 23-7312000
Organization Overview
Grayson Foundation Inc is located in Shreveport, LA. The organization was established in 1973. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Grayson 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 07/2021, Grayson Foundation Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $1.9m during the year ending 07/2021. While expenses have increased by 7.6% 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.
Since 2015, Grayson Foundation Inc has awarded 296 individual grants totaling $14,327,156. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S ONLY ACTIVITY IS MAKING GRANTS TO IRC 501(C)(3) ENTITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John W Dean President | 4 | $0 | |
C Cody White Jr Board Member | 1 | $0 | |
Lisa Axton Sec/treas | 1 | $0 | |
Chris Gabriel Board Member | 1 | $0 | |
James Goins Board Member | 1 | $0 | |
Nancy Walker Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $473,423 |
| Profit on Inventory Sales | $0 |
| Other Income | $60,307 |
| Total Revenue | $2,818,463 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $1,662 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $563,386 |
| Contributions, gifts, grants paid | $1,324,000 |
| Total expenses and disbursements | $1,887,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,050 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,741,748 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Grayson Foundation Inc has awarded $1,651,600 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: CHARITABLE | $12,000 |
ARC OF CADDO-BOSSIER GREAT PURPOSE: CHARITABLE | $50,000 |
BERNSTEIN DEVELOPMENT INC PURPOSE: CHARITABLE | $25,000 |
BIOMEDICAL RESEARCH FOUNDATION PURPOSE: CHARITABLE | $10,000 |
CADDO COUNCIL ON AGING PURPOSE: CHARITABLE | $30,000 |
CAREER COMPASS OF LOUISIANA PURPOSE: CHARITABLE | $25,000 |