Vern Cormie Foundation Tr 051597
- Assets
- $24.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aliso Viejo, CA
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 23-7880446
Organization Overview
Vern Cormie Foundation Tr 051597 is located in Aliso Viejo, CA. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vern Cormie Foundation Tr 051597 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marian M Cormie Trustee | 0 | $0 | |
John D Cormie Trustee | 0 | $0 | |
James M Cormie Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| 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 | $0 |
| 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 | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $1,600 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $3,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,081 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,081 |
| 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, Vern Cormie Foundation Tr 051597 has awarded $4,274 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CATALINA ISLAND CONSERVANCY PURPOSE: GENERAL FUNDS | $1,000 |
OUR LADY OF REFUGE CATHOLIC CHURCH PURPOSE: GENERAL FUNDS | $1,137 |
CATALINA ISLAND CONSERVANCY PURPOSE: GENERAL FUNDS | $1,000 |
OUR LADY OF REFUGE CATHOLIC CHURCH PURPOSE: GENERAL FUNDS | $1,137 |