Great Meadows Foundation Inc
- Assets
- $2.6m
- Revenue
- $271.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 03/2016
- Data as of
- 06/2022
- EIN
- 47-5409501
Organization Overview
Great Meadows Foundation Inc is located in Louisville, KY. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Great Meadows 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 06/2022, Great Meadows Foundation Inc generated $271.5k 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 (28.7%) each year. All expenses for the organization totaled $678.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Great Meadows Foundation Inc has awarded 142 individual grants totaling $885,831. 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 |
|---|---|---|---|
Stephanie Barrett President | 2 | $0 | |
Michael Baldwin Vice Preside | 2 | $0 | |
John Lueken Secretary | 2 | $0 | |
Brook Smith Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $93,843 |
| Interest on Savings | $18 |
| Dividends & Interest | $63,050 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $114,579 |
| Capital Gain Net Income | $114,579 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $271,490 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $68,750 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,524 |
| Depreciation | $615 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,696 |
| Total operating and administrative expenses | $179,475 |
| Contributions, gifts, grants paid | $499,125 |
| Total expenses and disbursements | $678,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,657 |
| Savings and temporary cash investments | $2,524,433 |
| 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 | $820 |
| Other assets | $0 |
| Total assets | $2,566,910 |
| 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 | $357,619 |
| Total liabilities | $357,619 |
Grants Awarded
Over the last fiscal year, Great Meadows Foundation Inc has awarded $499,125 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
AARON R REYNOLDS PURPOSE: GRANT AWARD TO LOCAL ARTIST | $3,000 |
ADRIENNE MILLER PURPOSE: GRANT AWARD TO LOCAL ARTIST | $2,500 |
ANDREW C MARSH PURPOSE: GRANT AWARD TO LOCAL ARTIST | $5,800 |
ANDREW CENCI PURPOSE: GRANT AWARD TO LOCAL ARTIST | $3,600 |
ANDREW COZZENS PURPOSE: GRANT AWARD TO LOCAL ARTIST | $4,825 |
BRITANY BAKER PURPOSE: GRANT AWARD TO LOCAL ARTIST | $2,400 |