Fleetwood Foundation Inc
- Assets
- $0.0
- Revenue
- $3.8m
- Investments
- $39.6m
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 09/2011
- Data as of
- 12/2020
- EIN
- 27-5486698
Organization Overview
Fleetwood Foundation Inc is located in Memphis, TN. The organization was established in 2011. 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. Fleetwood 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 12/2020, Fleetwood Foundation Inc generated $3.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fleetwood Foundation Inc has awarded 31 individual grants totaling $4,564,131. 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 |
|---|---|---|---|
Thomas A Beazley Executive Dir | 40 | $129,459 | |
Charles C Gerber Dir, Sec | 1 | $0 | |
Margaret L Gerber Dir, Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,375,000 |
| Interest on Savings | $3,534 |
| Dividends & Interest | $63,045 |
| Profit on Inventory Sales | $0 |
| Other Income | $416,962 |
| Total Revenue | $3,756,322 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $129,459 |
| Pension plans, employee benefits | $9,904 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $949,227 |
| Contributions, gifts, grants paid | $2,085,798 |
| Total expenses and disbursements | $3,035,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $38,646,284 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fleetwood Foundation Inc has awarded $2,478,333 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: GENERAL & UNRESTRICTED | $650,000 |
COMMUNITY FOUNDATION OF GREATER MEMPHIS INC PURPOSE: FLEETWOOD HOUSING INITIATIVE | $500,000 |
COMMUNITY FOUNDATION OF GREATER MEMPHIS INC PURPOSE: FLEETWOOD FUND | $400,000 |
Memphis, TN PURPOSE: GENERAL & UNRESTRICTED | $200,000 |
Nashville, TN PURPOSE: SECOND YEAR OF COVID-19 RE-ENTRY | $180,000 |
MAN UP TEACHER FELLOWS INC PURPOSE: GENERAL & UNRESTRICTED | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Speer Foundation Brentwood, TN | $160,979,713 | $8,246,449 |
The Haslam 3 Foundation Inc Knoxville, TN | $5,285,692 | $10,045,433 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |
Scarlett Family Foundation Nashville, TN | $163,054,305 | $18,551,241 |