Max B Tharpe Charitable Foundation Inc
- Assets
- $549.8k
- Revenue
- $39.3k
- Investments
- $508.5k
- Employees
- 0
- Location
- Ft Lauderdale, FL
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 26-1569652
Organization Overview
Max B Tharpe Charitable Foundation Inc is located in Ft Lauderdale, FL. 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. Max B Tharpe Charitable 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 12/2022, Max B Tharpe Charitable Foundation Inc generated $39.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $83.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Max B Tharpe Charitable Foundation Inc has awarded 25 individual grants totaling $409,210. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,407 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,910 |
| Capital Gain Net Income | $24,910 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,317 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $311 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,483 |
| Total operating and administrative expenses | $83,432 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $83,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,741 |
| Savings and temporary cash investments | $36,550 |
| 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 | $549,834 |
| 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, Max B Tharpe Charitable Foundation Inc has awarded $75,062 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
COMPASSION INTERNATIONAL PURPOSE: CARE OF CHILDREN IN POVERTY | $2,111 |
WORLD VISION PURPOSE: MINISTRY TO CHILDREN | $511 |
MISSION TO THE WORLD PURPOSE: UKRAINE CHURCH PROJECT | $24,023 |
MERCY MINISTRY PURPOSE: MINISTRY | $4,476 |
CORAL RIDGE PRESBYTERIAN CHURCH PURPOSE: ORGAN FUND | $1,000 |
MERCY MINISTRY PURPOSE: FOOD | $291 |