Sib And Addie Paul Foundation
- Assets
- $423.5k
- Revenue
- $22.8k
- Investments
- $418.6k
- Employees
- 0
- Location
- Fairhope, AL
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 26-6517909
Organization Overview
Sib And Addie Paul Foundation is located in Fairhope, AL. 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. Sib And Addie Paul 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 12/2022, Sib And Addie Paul Foundation generated $22.8k 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 (3.0%) each year. All expenses for the organization totaled $27.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sib And Addie Paul Foundation has awarded 50 individual grants totaling $177,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sybil Stoudenmire President | 1 | $0 | |
Paula Drummond Trustee | 0 | $0 | |
Shawn Drummond Trustee | 0 | $0 | |
Sterling Stoudenmire Trustee | 0 | $0 | |
Lisa Stoudenmire Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $18,628 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,154 |
| Capital Gain Net Income | $4,154 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,789 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $340 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,340 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $27,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,896 |
| 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 | $423,535 |
| 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, Sib And Addie Paul Foundation has awarded $26,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP SUNSHINE PURPOSE: GENERAL CHARITABLE PURPOSE | $2,000 |
CAMP RAP A HOPE PURPOSE: GENERAL CHARITABLE PURPOSE | $2,000 |
FEEF PURPOSE: GENERAL CHARITABLE PURPOSE | $2,000 |
HEIFER PROJECT INTERNATIONAL PURPOSE: GENERAL CHARITABLE PURPOSE | $2,000 |
REACH OUT AND READ-ALABAMA PURPOSE: GENERAL CHARITABLE PURPOSE | $4,000 |
USA CHILDREN'S & WOMEN'S HOSPITAL PURPOSE: GENERAL CHARITABLE PURPOSE | $9,000 |