Joanne Olivard Foundation
- Assets
- $7.5m
- Revenue
- $267.1k
- Investments
- $7.3m
- Employees
- 0
- Location
- Paris, TX
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-2187676
Organization Overview
Joanne Olivard Foundation is located in Paris, TX. The organization was established in 2010. 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. Joanne Olivard 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, Joanne Olivard Foundation generated $267.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $605.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Joanne Olivard Foundation has awarded 75 individual grants totaling $3,010,527. 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 |
|---|---|---|---|
Phyllis Brumley Trustee | 3 | $25,265 | |
Greg Cunningham Trustee | 0.5 | $750 | |
Misty Lair Director | 0.5 | $850 | |
Brian Brumley Director | 0.5 | $1,262 | |
Myra Rodgers Director | 0.5 | $500 | |
Monica Purviance Director | 0.5 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $160 |
| Dividends & Interest | $265,262 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,666 |
| Capital Gain Net Income | $1,666 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $267,088 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $29,027 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,520 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,303 |
| Printing and publications | $0 |
| Other expenses | $4,141 |
| Total operating and administrative expenses | $43,991 |
| Contributions, gifts, grants paid | $561,544 |
| Total expenses and disbursements | $605,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $180,258 |
| 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 | $4,520 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,478,976 |
| 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, Joanne Olivard Foundation has awarded $561,544 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
JOANNE OLIVARD FDN SCHOLARSHIP PROG PURPOSE: STUDENT EDUCATION | $538,589 |
TIGERTOWN COMMUNITY CENTER PURPOSE: COMMUNITY SERVICE | $2,275 |
FANNIN COUNTY JR LIVESTOCK ASSN PURPOSE: STUDENT EDUCATION SUPPORT | $3,600 |
FOREST HILL CHAPEL PURPOSE: FACILITY UPKEEP & MAINTENANCE | $2,500 |
PETTY BAPTIST CHURCH PURPOSE: COMMUNITY SUPPORT | $500 |
FFA - VARIOUS SCHOOLS PURPOSE: STUDENT EDUCATION SUPPORT | $4,602 |