Summerville Foundation Inc
- Assets
- $2.7m
- Revenue
- $990.0k
- Investments
- $148.3k
- Employees
- 0
- Location
- Appling, GA
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 46-0486949
Organization Overview
Summerville Foundation Inc is located in Appling, GA. The organization was established in 2004. 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. Summerville 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, Summerville Foundation Inc generated $990.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $677.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Summerville Foundation Inc has awarded 91 individual grants totaling $777,517. 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
THE HORSE RESCUE PROVIDES A SANCTUARY FOR APPROXIMATELY 18 HORSES THAT HAVE BEEN ABANDONED AND/OR ABUSED.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $623,748 |
| Interest on Savings | $6 |
| Dividends & Interest | $581 |
| Net Rental Income | $173,300 |
| Net Gain on Sale of Assets | $3,617 |
| Capital Gain Net Income | $3,617 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $990,046 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $162,344 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $110,008 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $277,558 |
| Total operating and administrative expenses | $557,452 |
| Contributions, gifts, grants paid | $120,343 |
| Total expenses and disbursements | $677,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,353 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $195,192 |
| 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 | $2,047,702 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $163,361 |
| Other assets | $0 |
| Total assets | $2,708,858 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $6,910 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $39,092 |
| Total liabilities | $46,002 |
Grants Awarded
Over the last fiscal year, Summerville Foundation Inc has awarded $120,343 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ARTISTS IN CHRISTIAN TESTIMONY PURPOSE: RELIGION | $12,000 |
BETTIS ACADEMY PURPOSE: EDUCATION | $15,000 |
KIOKEE BAPTIST CHURCH PURPOSE: RELIGION | $35,129 |
LINDSAY PIERCE PURPOSE: ASSISTANCE WITH MEDICAL BILLS | $13,962 |
WILLIE MAE PARKS PURPOSE: ASSISTANCE | $8,620 |
THE SACRED HEART CULTURAL CENTER PURPOSE: ASSISTANCE WITH PROGRAM SERVICE EXPENSES | $2,000 |