Matt Blackwell Foundation Inc is located in Lancaster, SC. The organization was established in 2002. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matt Blackwell 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, Matt Blackwell Foundation Inc generated $11.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $1.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (42.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE ON GOING SCHOLARSHIPS TO LANCASTER COUNTY YOUTH THROUGH AN ENDOWMENT AT CLEMSON UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Butch Small Treasurer | 3 | $0 | |
Larry Blackwell Executive Director | 7.5 | $0 | |
Janice Blackwell Secretary | 7.5 | $0 | |
Bill Farrar Board Member | 1.25 | $0 | |
Hugh Mobley Board Member | 1.25 | $0 | |
Robert Hough Board Member | 1.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,894 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $207 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,197 |
Other Revenue | $0 |
Total Revenue | $11,298 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $480 |
Occupancy, rent, utilities, and maintenance | $332 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $142 |
Total expenses | $1,754 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $34,451 |
Other assets | $0 |
Total assets | $34,451 |
Total liabilities | $0 |
Net assets or fund balances | $34,451 |