Stringer Foundation Inc
- Assets
- $610.3k
- Revenue
- $55.6k
- Investments
- $589.6k
- Employees
- 0
- Location
- Anderson, SC
- Founding
- 08/1949
- Data as of
- 12/2022
- EIN
- 57-6022719
Organization Overview
Stringer Foundation Inc is located in Anderson, SC. The organization was established in 1949. 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. Stringer 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.
Since 2014, Stringer Foundation Inc has awarded 61 individual grants totaling $448,496. 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 |
|---|---|---|---|
Mary R Belser Trustee | 0.5 | $0 | |
Robert M Rainey President, Chairman | 3 | $0 | |
Catherine D Rainey Trustee | 0.5 | $0 | |
Stanley W Converse Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $27,170 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,430 |
| Capital Gain Net Income | $28,430 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,602 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $266 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,032 |
| Total operating and administrative expenses | $13,973 |
| Contributions, gifts, grants paid | $61,676 |
| Total expenses and disbursements | $75,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,692 |
| 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 | $589,602 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $610,294 |
| 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, Stringer Foundation Inc has awarded $61,676 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SALVATION ARMY PURPOSE: COMMUNITY | $21,000 |
ANDERSON UNIVERSITY PURPOSE: EDUCATIONAL | $37,000 |
ST JOHN'S UNITED METHODIST CHURCH PURPOSE: COMMUNITY/RELIGIOUS | $3,676 |