Charles L Mix Memorial Fund Inc
- Assets
- $10.9m
- Revenue
- $976.0k
- Investments
- $10.3m
- Employees
- 0
- Location
- Americus, GA
- Founding
- 05/1964
- Data as of
- 12/2022
- EIN
- 58-0699008
Organization Overview
Charles L Mix Memorial Fund Inc is located in Americus, GA. The organization was established in 1964. 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. Charles L Mix Memorial Fund 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, Charles L Mix Memorial Fund Inc generated $976.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $755.8k during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Charles L Mix Memorial Fund Inc has awarded 121 individual grants totaling $3,197,999. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GEORGIA SOUTHWESTERN STATE UNIVERSITY
SOUTH GEORGIA TECHNICAL COLLEGE
PHOEBE SUMTER
AMERICUS THE BEAUTIFUL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Thomas Jr Director | 0 | $2,000 | |
Jenny Crisp Secretary | 0 | $2,000 | |
James C Gatewood Secretary-Treas | 0 | $2,000 | |
Anthony Dragoin Director | 0 | $2,000 | |
Wade Halstead Director | 0 | $2,000 | |
Rick Whaley Chairman | 0 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $459 |
| Dividends & Interest | $195,652 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $779,868 |
| Capital Gain Net Income | $779,868 |
| Net ST Capital Gain | $779,868 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $975,979 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,708 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $690 |
| Total operating and administrative expenses | $159,052 |
| Contributions, gifts, grants paid | $596,720 |
| Total expenses and disbursements | $755,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $564,597 |
| 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 | $15,409 |
| Total assets | $10,898,102 |
| 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 | $52,591 |
| Total liabilities | $52,591 |
Grants Awarded
Over the last fiscal year, Charles L Mix Memorial Fund Inc has awarded $596,720 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
RYLANDER THEATHE PURPOSE: CURRENT ACTIVITY | $40,000 |
GEORGIA SOUTHWESTERN STATE UNIVERSI PURPOSE: CURRENT ACTIVITY | $200,000 |
SOUTH GEORGIA TECHNICAL COLLEGE PURPOSE: CURRENT ACTIVITY | $100,000 |
MAGNOLIA MANOR PURPOSE: CURRENT ACTIVITY | $38,720 |
SUMTER HUMANE SOCIETY PURPOSE: CURRENT ACTIVITY | $15,000 |
PHOEBE SUMTER PURPOSE: CURRENY ACTIVITY | $50,000 |