Fergeson Family Foundation
- Assets
- $108.2k
- Revenue
- $9.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Altus, OK
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-4832485
Organization Overview
Fergeson Family Foundation is located in Altus, OK. The organization was established in 2014. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fergeson Family 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 12/2023, Fergeson Family Foundation generated $9.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $24.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fergeson Family Foundation has awarded 82 individual grants totaling $210,256. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Kendric Fergeson President | 1 | $0 | |
Mary Ann Fergeson Secretary/treasurer | 1 | $0 | |
Jarrod Lane Fergeson Director | 1 | $0 | |
Casey Gilliam Director | 1 | $0 | |
Gabe Gilliam Director | 1 | $0 | |
Anna Cox Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $24,000 |
| Total expenses and disbursements | $24,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,188 |
| Savings and temporary cash investments | $0 |
| 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 | $108,188 |
| 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, Fergeson Family Foundation has awarded $24,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
REGIONAL FOOD BANK OF OKLAHOMA PURPOSE: FINANCIAL SUPPORT | $2,500 |
BIKE CLUB OKC PURPOSE: FINANCIAL SUPPORT | $1,000 |
CHI RO PURPOSE: FINANCIAL SUPPORT | $1,500 |
CHISHOLM ELEMENTARY PTO PURPOSE: FINANCIAL SUPPORT | $1,000 |
OKLAHOMA FOUNDATION OF EXCELLENCE PURPOSE: FINANCIAL SUPPORT | $1,000 |
CIMARRON MIDDLE SCHOOL PTO PURPOSE: FINANCIAL SUPPORT | $1,000 |