Louis M Helms Jr & Anita B Helms Charitable Foundation
- Assets
- $3.8m
- Revenue
- $256.8k
- Investments
- $3.7m
- Employees
- 0
- Location
- Mt Pleasant, NC
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 26-1539092
Organization Overview
Louis M Helms Jr & Anita B Helms Charitable Foundation is located in Mt Pleasant, NC. The organization was established in 2009. 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. Louis M Helms Jr & Anita B Helms Charitable 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, Louis M Helms Jr & Anita B Helms Charitable Foundation generated $256.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $116.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Louis M Helms Jr & Anita B Helms Charitable Foundation has awarded 150 individual grants totaling $715,755. 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 |
|---|---|---|---|
Anita B Helms President | 1 | $0 | |
Randall E White Secretary | 1 | $0 | |
Z Vance Smith III Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $256,433 |
| Interest on Savings | $349 |
| 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 | $256,782 |
| 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 | $0 |
| Total operating and administrative expenses | $1,452 |
| Contributions, gifts, grants paid | $114,740 |
| Total expenses and disbursements | $116,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $73,718 |
| 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 | $3,702,312 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,776,030 |
| 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, Louis M Helms Jr & Anita B Helms Charitable Foundation has awarded $114,740 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
CABARRUS MEALS ON WHEELS PURPOSE: PROGRAM SUPPORT | $15,250 |
COOPERATIVE CHRISTIAN MINISTRY PURPOSE: PROGRAM SUPPORT | $16,000 |
SECOND HARVEST FOOD BANK PURPOSE: PROGRAM SUPPORT | $15,500 |
CVAN PURPOSE: PROGRAM SUPPORT | $6,000 |
MT PLEASANT FOOD MINISTRY PURPOSE: PROGRAM SUPPORT | $15,000 |
SALVATION ARMY PURPOSE: PROGRAM SUPPORT | $1,700 |