Mary Lou Fraser Community Support Foundation Inc

Organization Overview

Mary Lou Fraser Community Support Foundation Inc is located in Hinesville, GA. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public 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. Mary Lou Fraser Community Support 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 12/2021, Mary Lou Fraser Community Support Foundation Inc generated $412.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $343.1k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE MARY LOU FRASER COMMUNITY SUPPORT FOUNDATION IS TO PROVIDE FACILITIES AND SUPPORT FOR TWO FAITH BASED NONPROFIT ORGANIZATIONS - THE MARY LOU FRASER FOUNDATION FOR FAMILIES, INC. AND THE LIBERTY COUNTY ARMED SERVICES YMCA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FUNDING AND SUPPORT FOR RELATED FAITH BASED NONPROFIT ORGANIZATIONS. TO OWN, OPERATE, AND LEASE A BUILDING CONTAINING A COUNSELING CENTER FOR THE MARY LOU FRASER FOUNDATION FOR FAMILIES, INC. AND BUILDINGS AND FACILITIES FOR THE YMCA CONTAINING A POOL, RECREATION AREAS AND OFFICE FOR THESE SUPPORTED ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Simmons
Secretary
$0
Larry Golden
Treasurer
$0
F Barry Wilkes
President & CEO
$0
Sherry Sommerville
Vice President
$0
Willia May Wesley
Director
$0
Henry Fraiser
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $72,104
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $45,070
Net Gain/Loss on Asset Sales $295,134
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $412,308

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