Norma June Foundation
- Assets
- $12.0m
- Revenue
- -$113.2k
- Investments
- $11.3m
- Employees
- 0
- Location
- Ashland, OH
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-4540736
Organization Overview
Norma June Foundation is located in Ashland, OH. The organization was established in 2014. 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. Norma June Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Norma June Foundation has awarded 165 individual grants totaling $1,246,940. 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 |
|---|---|---|---|
Carrie Stewart Director | 4.6 | $0 | |
Patrick Noser Director | 2.3 | $0 | |
Scott Conery Director | 1.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $388,983 |
| Interest on Savings | $37,772 |
| Dividends & Interest | $207,517 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$752,180 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,722 |
| Total Revenue | -$113,186 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $122,497 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,414 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,838 |
| Printing and publications | $0 |
| Other expenses | $19,155 |
| Total operating and administrative expenses | $218,447 |
| Contributions, gifts, grants paid | $405,889 |
| Total expenses and disbursements | $624,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $607,396 |
| 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 | $7,842,092 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $70,995 |
| Total assets | $11,954,944 |
| Accounts payable and accrued expenses | $1,457 |
| 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 | $1,457 |
Grants Awarded
Over the last fiscal year, Norma June Foundation has awarded $405,889 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ASHLAND SOIL & WATER CONSERVATION DISTRICT PURPOSE: GENERAL SUPPORT | $250 |
FOREST HILLS CENTRAL HOCKEY TEAM PURPOSE: GENERAL SUPPORT | $400 |
NO PAWS LEFT BEHIND PURPOSE: GENERAL SUPPORT | $480 |
MAPLETON BOOSTERS PURPOSE: MAPLETON CARES | $500 |
ASHLAND CHRISTIAN HEALTH CENTER PURPOSE: GENERAL SUPPORT | $807 |
AMERICA'S HOPE PURPOSE: GENERAL SUPPORT | $1,000 |